Crypto Updates

Hacken Tokenizes Its Equity – HAI Token Holders Can Become Shareholders

Hacken Tokenizes Its Equity – HAI Token Holders Can Become Shareholders

March 13, 2024 – Madrid, Spain


Hacken, a blockchain security auditor, announces the tokenization of its equity linked to the company’s native token, HAI a work-to-earn, product-utility and governance token.

It allows existing or new HAI holders to exchange their assets for HES (Hacken Equity Shares).

This move makes Hacken the first crypto company that has enabled its community to own part of the real business.

Ten percent of the company’s equity is brought onto the Ethereum blockchain as tokenized assets that can be exchanged for 100 million HAI.

Each HES is valued at one million HAI, with 100 shares available at varying fiat prices due to asset volatility.

Hacken claims 87% of the acquired HAI tokens will be burned. This strategic move is part of Hacken’s aspiration to become a publicly traded company in the future.

Tokenization is set to bring more accountability and transparency while establishing a tight connection between its native token and its business ecosystem.

In turn, it also provides private investors with an option to enrich their crypto portfolio with DeFi assets linked to the real business, which grants it the stability and low-risk characteristics of TradFi.

RWA is the first step towards the public organization status for Hacken.

The next steps are as follows.

Authorized secondary RWA market after the tokenization round ends
  • Seizing exit opportunities during equity buybacks at the next investment Hacken rounds
  • IPO as a strategic goal for 2027

The above commitments open room for classic exit strategies for future shareholders.

The technical implementation of Hacken’s tokenization is done by the asset tokenization protocol Brickken.

Tokenized Hacken equity is brought to the Ethereum chain and is available on Brikken’s RWA marketplace for all KYC-verified investors.

The first HAI holders to diversify their portfolio with HES will do so on the most beneficial conditions because of asset volatility.

This private equity offering not only shows an example of merging digital assets with real-world value but also brings a new context to a broader financial ecosystem.

Dyma Budorin, co-founder and CEO of Hacken, said,

“Embarking on the next level of the Web 3.0 journey, Hacken pioneers a new precedent where token investment transcends digital realms to become integral in real-world deals.

“Our commitment to RWA tokenization signifies more than a strategic move it marks a transformative shift, fostering…

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