E-Grains Makes History as the First Company to offer Tokenized Agro Commodities in the World

E-Grains Makes History as the First Company to offer Tokenized Agro Commodities in the World
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San Salvador, El Salvador, January 29th, 2024, Chainwire

e-Grains proudly announces a groundbreaking achievement with the recent approval as a Tokenized Digital Asset Issuer by the National Council for the Administration of Digital Assets (CNAD) in El Salvador. E-grains has achieved a historic license allowing them to issue tokenized digital assets that are supported by economic rights on agricultural commodities in accordance with the country's regulations, marking a significant chapter in their journey of innovation and compliance.

E-grains' unwavering commitment to the highest ethical and security standards, along with the trust that investors and partners place in us, is shown in the fact that they have secured this license. It demonstrates the commitment to responsibly shaping the future of tokenized digital assets.

The license's role in expanding e-grains' operations in El Salvador and beyond is crucial for its future. The company is positioned as a dominant player in token offerings that are backed by commodity contracts, enabling investors to engage in the emerging digital asset market with a secure and transparent platform.

Our understanding of the possibilities and how our project could fit within El Salvador's legal framework was aided by the vision given by The Volcano Bonds. The approval of volcano bonds is something we are extremely excited about, and we are anxiously anticipating the commencement of distribution at the appropriate time. We will do our utmost to aid the government in that endeavor.

Introducing $ESOY: A Pioneering Digital Asset Revolutionizing Financial Landscapes

With this historic approval, e-Grains proudly introduces the first token to be issued under this authorization: $ESOY. With its special features, the $esoy token is a pioneering digital asset that transforms the financial world. At 100,000,000 USD, the total amount of $ESOY tokens that can be issued will be capped.

Consensys, Fireblocks, and Polygon Labs, in a strategic collaboration with e-Grains, affirms its dedication to excellence by providing flawless integration with Compliant DeFi Protocols and opening new opportunities for investors. $esoy's deployment on both Polygon and Ethereum blockchains demonstrates its versatility and puts e-grains in a position to tap into a lucrative market.The decentralized finance ecosystem is allowing ESOY to grow, with the $29 billion TVL market providing a strong foundation, as per Defi Llamas. These industry giants provide expertise and security measures to institutions engaging with esoy, which signifies trust and reliability, and instills confidence in both the digital asset and the market.

Investors have unprecedented flexibility and access to the markets thanks to the $esoy token's 24/7 trading capability. The stability of $esoy is unwavering because it has complete backing in international physical and futures contracts for soybeans, a commodity that is timeless and globally known, and has stood the test of time.

One of the largest and most significant primary resources on the planet, where investors can directly invest and diversify their portfolios with a trusted asset class, is an opportunity that can be taken advantage of. Investors can capitalize on price differences between $esoy and other soybean contracts by opening the door to arbitrage opportunities.

Those seeking to maximize their yields can benefit from this strategic advantage. Choosing from multiple settlement options tailored to their specific needs is an option for investors, providing a seamless and personalized experience. Moreover, $ESOY has the capability of being an efficient hedging instrument, enabling investors to safeguard and stabilize their portfolio positions with a tangible commodity, reducing risk and elevating overall portfolio performance.

With integrity and forward-thinking vision, e-Grains will continue to shape the future of tokenized digital assets. The digital asset industry's transformative landscape is something e-Grain eagerly awaits and is looking forward to.

About e-Grains:

e-Grains, a trailblazer in agrocommodity investment, redefines the sector by offering a diverse portfolio of tokenized agricultural commodities, backed 100% by tangible assets. We aim to create new things by offering a gateway to agrocommodity investments that is transparent, flexible, and easily accessible.

The Enor Group's e-Grains is backed by vital agricultural commodities like soy, sugar, coffee, and corn through global expertise and strategic partnerships. Financial and Custody Contracts-Guarantees are where these tokens are embedded, serving as a bridge that facilitates funding for companies and provides investment opportunities in blockchain-based markets.

This content is provided by e-Grains, which is the source. The purpose of this press release is for the sole purpose of providing information. Investment advice or an offer to invest are not included in the information.

Rodrigo Rodrigues Mendes[email protected]+55 11 950238100Bruno Leon Winik+55 11 946004601

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