A blockchain company committed to building infrastructure to make token creation and issuance easy, Swarm, has gone into partnership with the Tron Network.
This partnership will enable the blockchain company to bring its security tokens to Tron’s platform, and allow its customers to complete transactions faster with few fees. According to speculations, Swarm has taken this step to boost its low capitalization, by joining forces with a stronger network like Tron.
Swarm is a Blockchain company founded in 2015, by its CEO Philipp Pieper and co-founder Timo Lehes. Its team consists of individuals who have gained experience from technology and community focused startups.
This blockchain company offers fee-free tokenization of assets that pay dividends, it will enable asset providers to have the right licensing and KYC measures to issue security token on Tron’s blockchain.
According to Tron founder and BitTorrent CEO, Justin Sun, Swarm is one of the biggest builders of digital investment infrastructure, joining Tron Blockchain will support decentralized finance which is the next big thing for the investment community. It will create the right tools that make it easier to capture value across various assets and framework.
Swarm has been under the radar for quite some time now, though it has at the same time been creating values for the future of STO infrastructure, partnering with Tron will surely push it far above its $7 million market capitalization. This partnership will likely launch an explosion in global investment.
In this new arrangement, issuers are allowed to offer security token on the Tron blockchain, this will enable investors to use TRX and USDT-TRON to purchase security tokens. All users on the Tron community will be able to access this system.