New Security Token Concept that Allows to Invest in Uber, AirBnB and Grab

BaseCore, a US-based blockchain project, announces a new security token concept which allows investing in private IT companies, like Uber, AirBnB and Grab, among others.

According to the project’s whitepaper, the BaseCore token is backed by a portfolio containing the assets of private IT companies. These assets are impossible to purchase on the stock market, as the companies are not public.

The paper states,

“This feature of the token allows it to become one of the most stable digital currencies on the market.”

The BaseCore company aims to purchase shares from private IT companies and tokenize them by creating digital assets – the BaseCore security token.

Additionally, the company has created its own exchange platform for buying, selling, and exchanging security tokens.

More on the new security token concept here.