In a world where traditional finance meets tokenization, LCX introduces LCX Earn. LCX Earn offers fixed yield offerings based on regulatory compliant tokenized bonds, endorsed by the regulator, and passported across the European Economic Area (EEA). The EURt7 Tokenized Bond is the first offering of this kind, launched today at LCX.
Introducing EURt7, LCX’s first tokenized bond offering with a fixed yield of 7% on Euro investments. Just like the moon has a reliable and predictable cycle, EURt7 offers stability and consistency to investors seeking a fixed yield investment. With EURt7, investors can be confident in their returns and rest easy knowing that their investment is backed by a reputable and trustworthy platform. We use planets as key visuals for LCX Earn (the moon for EURt7) for other planned bond offerings to symbolize the diversity and range of investment opportunities that will be available, each with their own unique characteristics and potential returns.
The prospectus of the tokenized bond, the EURt7 security token, has been approved by the Financial Market Authority Liechtenstein (Link to Certificate of Approval of a Base Prospectus document) and passported across EEA. The tokenized bond is available to verified LCX users who are residents in the following 30 countries: Austria, Belgium, Bulgaria, Croatia, Cyprus, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, and Czech Republic.
With a minimum investment requirement of EUR 1,000, the maximum number of investors is limited to 10,000. Users need to get verified at LCX.com and deposit funds to take advantage of this fixed-yield offering.
At LCX, we are committed to regulatory compliance and expanding the reach of our product offerings to a larger market. The EURt7 tokenized bond is a testament to this commitment, and we are excited to bring this innovative product to our users.
EURt7 Tokenized Bond Summary
Issuer: LCX AG, Liechtenstein
Issuance Amount: 10 Million EUR
Coupon: 7% per annum
Denomination: EUR 1,000 with a minimum consideration of EUR 1,000
Maturity/Term: 7 Years maximum, with quarterly termination possible
Governing Law: Liechtenstein
Blockchain: Ethereum public blockchain
Availability: EEA including Liechtenstein
Additional information and all legal documents are made available in public at LCX.com/EURt7
We invite our users to join us on this exciting journey and take advantage of this unique investment opportunity.
Here’s the process to invest:
- Sign up or Login at https://accounts.LCX.com/
- Your need to be eligible to invest, check terms and conditions at LCX.com/EURt7
- Click “Earn” in the navigation bar
- See EURt7 line and click “Invest” button
- Add amount you want to invest
- Make sure you have the EUR for your investment and LCX token to pay the fees in your LCX Main Wallet.
- Click the checkbox to accept the terms and conditions
- Now click, “Invest in EURt7”
Disclaimer: This content contains forward-looking statements that involve inherent risks and uncertainties, and we might not be able to achieve the predictions, forecasts, projections and other outcomes we describe or imply in forward-looking statements. A number of important factors could cause results to differ materially from the plans, objectives, expectations, estimates, and intentions we express in these forward-looking statements and in other public filings and press releases. We may not achieve all of the expected benefits of our strategic initiatives and partnerships. Factors beyond our control, including but not limited to the market and economic conditions, changes in laws, rules or regulations and other market challenges, could limit our ability to achieve some or all of the expected benefits of these initiatives. This content is not financial advice and should not form the basis of any financial investment decisions nor be seen as a recommendation to buy or sell any good or product. Trading cryptocurrency is complex and comes with a high risk of losing money, particularly if you trade on leverage. You should carefully consider whether trading cryptocurrencies is right for you and take the time to learn how trading works and decide how much money you are prepared to lose.
