NEW YORK--(BUSINESS WIRE)--Templum Markets, LLC (“Templum”), a wholly owned subsidiary of Templum Inc., today announced the launch of Aspen Digital Inc., a Tokenized Asset Offering (TAO), on Templum’s trading platform. Aspen Digital is a digital Reg D 506c security offering open to accredited investors at templummarkets.com. The Aspen Coin transaction is the first of its kind.
Each token represents, through indirect ownership, one share of common stock in the St. Regis Aspen Resort. Investors will be able to purchase Aspen Coins with U.S. dollars as well as with Bitcoin (BTC) and Ethereum (ETH). All Aspen Coins will be backed by the St. Regis Aspen Resort asset. The St. Regis Aspen Resort is owned by a holding company and, controlled by Elevated Returns, an asset management company that manages assets across a range of service industries, including hospitality, real estate and a number of consumer brands.
“Asset backed coins like the Aspen Coin not only offer a transformative way to invest in real estate, but also establish a new way to store wealth by utilizing collateralized and income generating digital assets,” said Stephane De Baets, Founder and President of Elevated Returns. “We believe that the real estate tokenization model has tremendous potential in that it brings liquidity and disintermediation to the world’s largest asset class.”
De Baets continued, “Templum’s focus on regulation and best practices make them the ideal partner for Elevated Returns as we pursue our capital raising objectives and emphasizes our commitment to building successful infrastructure alongside top-tier, established organizations.”
Templum Markets is a leader in developing the tokenization of traditional asset classes by leveraging digital innovation to increase transparency, discoverability and potential liquidity. The Aspen Digital Inc. TAO will have a unique CUSIP, allowing for greater transparency and distribution in the secondary market.
Those looking to learn more and participate in the offering can find additional information at templummarkets.com.
About Templum Markets
Templum Markets, LLC is a financial technology company and broker-dealer registered with the U.S. Securities Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). Templum Markets is the operator of an Alternative Trading System (ATS) for the secondary trading of digital assets that are securities
About Elevated Returns
Elevated Returns is an asset management company laser-focused on offering extra value to its stakeholders. The firm acquires and manages assets across a range of service industries, including hospitality, real estate and a number of consumer brands. Elevated Returns is led by founder and President Stephane De Baets, a serial entrepreneur possessing 20 years of experience in asset management, financial structuring, and M&A, advising companies in both Asia and the United States.