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Market News

INX to List Fast-Food Chain Furahaa Group’s Token on Nov. 20

Written By Dhara Chavda
Published November 14, 2024 6:30 PM·Updated 2 years ago
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INX to List Fast-Food Chain Furahaa Group's Token on Nov. 20

The INX Digital Company, Inc., a regulated marketplace for digital securities, announced to list the Furahaa Group (FURA) token on its platform on November 20, 2024. The FURA token will allow global investors access to Furahaa, a leader in plant-based fast food and vegan products, through INX’s blockchain-based marketplace.

The listing aligns with INX’s commitment to making impactful, mission-driven investments accessible to a diverse investor base. Founded in 2015, Furahaa Group has become a significant player in the plant-based market, with each of its outlets generating around €1.2 million in annual revenue.

The company has expanded into franchise models like Furahaa Express across Europe and the U.S., making it a compelling investment with the vegan market projected to reach $40.3 billion by 2030.

Each FURA token represents a share in Furahaa’s equity and allows for fractional ownership, providing enhanced liquidity and flexibility. The token is an ERC-1404 asset on the Ethereum blockchain, ensuring both security and accessibility. This listing enables investors to trade outside of regular market hours and utilize cryptocurrency, adding a new layer of convenience.

Arthur Devillers, founder of Furahaa Group, stated, “Our partnership with INX redefines access to equity, in Furahaa Group by providing a pathway that extends beyond traditional markets.” INX CEO Shy Datika added, “This partnership aligns with our mission to expand the range of real-world assets on-chain, offering investors a unique and regulated alternative to traditional stock markets.”

Also Read: Bybit and Admundi Unite to Help Spain’s Flood Survivors

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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