CEO of LAToken Defends Listing of SpaceX IEO
By: Fiat Financial
Tags: Crypto, Cryptocurrency Investment, Cryptocurrency News, Cryptocurrency, Startup

Subsequent to the event with regards to the questionable IEO on LAToken crypto exchange that stirred up a huge dispute, Valentin Preobrazhenskiy, CEO of LAToken defended the listing.

The LAToken CEO, Valentin Preobrazhenskiy reacted regarding the issue and gave a statement saying they sensed that it was deceitful or careless to guarantee that the team managing the IEO belongs to SpaceX. And as a matter of fact, Elon Musk and SpaceX have no connection with the said token.

He also said that he respects new companies or startups that are brave and capable of developing such an amazing development. The CEO of LAToken envisions the USPX token as a tool in uniting individuals to discover a safe haven to settle and avoid a huge catastrophe from occurring, a catastrophe he described as an “asteroid kind of catastrophe.”

Consequently, He also accepts the fact that it is an incredible chance to test the legitimate structure and plan of action to give overall liquidity to resources beforehand that were not accessible to the most venture capitalists.

In addition, the token backer named Unicorn Tokenization Corp. has asserted that the assets are sponsored by SpaceX shares. The backer is overseen by Threesixty Elements S.A which is a FINRA (Financial Industry Regulatory Authority) affiliated company and also is regulated by the Security Exchange Commission or SEC. The backer has expressed that ten USPX tokens are sponsored by one SpaceX share and therefore they will trail its value.

Shockingly, Preobrazhenskiy decided not to make a statement to the issue with the listing. Seeing that the LATokenlaunchpad page for the Initial Exchange Offering had been assembled to propose Elon Musk and the SpaceX team was engaged with the deal. As a matter of fact, Elon Musk and his team were referenced underneath the connecting segment that discusses the fundamental asset called SpaceX Shares. These kinds of things can possibly a scheme to mislead venture capitalists.

However, he incorporated a statement saying it would be ideal if you know that neither Space Exploration Technologies Corp. nor its CEO Elon Musk are connected or engaged with the association of USPX token issuance and offering. Hence, there are various Asterisks that have been added to the landing page that links to a comparable disclaimer. This, he assumes, is as close as they will get to an affirmation which ought to have been noticeably shown in the first place.

At FIAT Exchange, we have consultants to help innovative start-ups, promising businesses and corporations launch their own Initial Exchange Offering, Initial Coin Offering, Security Token Offering or Reverse Token Offering effectively, efficiently and successfully. As a constituting body, we act as partners and assist each and every project from compliance, fundraising, and to final listing in our Digital Marketplace.

While there already are other operating equity crowdfunding platforms in the European Union, we are the first to expand to become a broker-dealer and introduce to our investors an alternative Smart Securities layer, offering a secondary market where investors can trade their startup securities.

If you are an Investor looking to unlock access in the FIAT Exchangeecosystem and discover new investment opportunities or if you are an Entrepreneur looking to raise capital, we can definitely help! Please feel free to contact us: support@fiatxs.com

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