Libra Project to Launch First Fully Compliant STO in the Middle East and Africa

The Libra Project develops, funds, maintains, and operates renewable energy plants that satisfy the impact investment requirements. These requirements comply with the sustainable development goals of the United Nations.

The Libra Project has announced a Security Token Offering (STO) powered by KoreConX.

Hans Fraikin, Libra Project’s Co-Founder and CEO:

“This partnership with KoreConX supports Libra Project’s mission of democratizing access to impact investments all the while bringing clean energy to hundreds of millions of people in Asia and Africa.”

KoreConX will provide a platform enabling the Libra Project to manage all of the compliance that comes along with a tokenized securities offering.

The platform will allow for the Libra Project to manage investor relations by sending reports, news releases, schedule shareholder meetings, and provide an online voting service.

Oscar Jofre, the Co-Founder and CEO of KoreConX:

“The Middle East is a very important region for us. We want the regulators and companies in the middle east to know that there is a provider that does things the right way and will meet their regulatory obligations. We are truly glad that more and more companies are starting to realize the transformation that comes with blockchain, and the ways it can simplify doing business.”

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