S&T Networks Co., Ltd. Signs Resource Development Contract with S&K Mining Co., Ltd.
STO (Security Token Offering) issuing company S&T Networks Co., Ltd. announced on the 29th that it signed a resource development contract with S&K Mining Co., Ltd., the owner company of a gold mine development project in Liberia, Africa, on the 24th.
Through this contract, foundational assets for the STO platform business have been secured, marking a significant opportunity to present investors with high returns relative to their investments.
STO (Security Token Offering) issuing company S&T Networks Co., Ltd. signed a resource development contract on the 24th with S&K Mining Co., Ltd., the owner company of a gold mine development project in Liberia, Africa.
[Photo by S&T Networks]
A representative of S&T Networks Co., Ltd. stated, "With this signing ceremony, a foundation has been established for investors to purchase security tokens based on actual assets, enabling more convenient and secure distribution of shares, voting rights, and dividend income."
The Financial Services Commission recently approved the "Pilot Opening Plan for the Investment Contract Securities and Non-Monetary Trust Beneficiary Certificates Market (Pilot Opening of STO On-Exchange Market)" at the Innovation Financial Services Review Committee.
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As a leading company in STO (Security Token Offering), S&T Networks Co., Ltd. announced that it will secure competitiveness for safer and more reliable profit generation within the blockchain infrastructure and innovative financial systems, which are emerging as future businesses.
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