Aiitone Participates in Global STO Forum, Discloses STO Business Blueprints

Aiitone, a KOSDAQ-listed company, participated in the first global STO (Security Token Offerings) forum held in Korea and presented a blueprint for the era of STOs.

Aiitone (230980, CEO Jin Yeop Lee), a fintech company based on block chain technology, participated in the Tokenomy Korea 2023 International Forum held on the 12th at the Korea Exchange International Conference Center. The forum was centered on the theme of “STO, the beginning of a new financial investment market." During the event, Aiitone presented its STO promotion strategy, in anticipation of the Web3.0 era.

At this event, Aiitone emphasized its 38 years of IT experience and its 'expertise in building a standard platform for STO' that is capable of issuing and distributing STO. In addition, Aiitone announced its ambition to introduce electronic bill STOs applied with its technology. This included a financial-block chain linkage solution and a real-time total payment application system.

In particular, it entered the electronic bill STO market, estimated at about 72 trillion won, in partnership with the domestic 1st financial sector. It also announced a policy to connect electronic bills issued by small and medium-sized enterprises with token securitization through piecemeal investment. This will provide small and medium-sized enterprises with an opportunity for easy ‘funding' and safe ‘diversified investment' for investors.

Aiitone is also reviewing a real estate STO that can transparently divide and own real estate assets. Currently, it has entered into business agreements related to STO with a real estate trust company (Mugunghwa Trust), a developer (Koryo Asset Development), and a construction company (Sungjee Construction). Aiitone plans to expand its investments in fragmented energy assets, including solar power and offshore wind power, as part of its future business diversification strategy.

In addition, the company plans to advance as a specialist in a comprehensive digital financial platform that is suitable for the Web 3.0 era. This includes offering introductory STO solutions for fintech companies interested in developing a platform for STO-issued products.

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