To facilitate trading between Europe and Asia, United Asian Token (UNAS) offers crypto-to-stock trading solutions.
UNAS Takes Charge
154 countries were assessed in Chainalysis’ Cryptocurrency Adoption Index. Global cryptocurrency adoption has grown by more than 2,300% since the third quarter of last year and by more than 881% this year. Asian countries lead this statistic, and UNAS is one of the biggest initiatives in the Asian crypto sector in the next half of 2022.
What is UNAS?
Jointly created by Singaporean, Korean and Hong Kong venture developers and capitalists, UNAS: United Asian Token launched public promotion in 3rd Quarter of 2022. This is an Asian digital asset and product that enables unique trading solutions between Europe and Asia, and also between cryptocurrency and stock markets.
In the new digital economic era, East Asia is becoming an attractive region for development just like it had been 60 years ago when the Four Asian Tigers led economic growth. As a result, the UNAS project with a single center in Singapore hopes to take the top position among digital giants on the Eurasian continent with its unique fintech products.
For the last three years, the global stock market has been valued at over $100 trillion. To speed up and automate transactions, the centralized exchange system needs to be replaced with new technical solutions. However, the traditional market still ignores blockchain technology, even though it is outperforming most stocks.
In the next two years, UNAS’ StoX technology will become universally recognized on the world stage, bridging the gap between traditional financial instruments and digital assets. In addition, Asian fintech giants are going to announce major partnerships and support for the project soon. In order to achieve this, UNAS is seeking support from national financial institutions in Asia.
The Flagship United Asian Token – UNAS-StoX
The use of blockchain technology can boost the efficiency of established stock markets by automating them and processing financial transactions several times faster.
Bitcoin futures were first launched on Chicago’s Cboe and CME exchanges in late 2017. A historic high of $20,000 was then reached by the first cryptocurrency. In 2019, Eurex, a subsidiary of the largest stock exchange in Germany, announced that it would offer futures contracts on Bitcoin, Ethereum and XRP in the near future.
The Tokyo Stock Exchange and Japan Depository Center, owned by Japan Exchange Group, announced in early March 2020 that they had launched a blockchain platform for the exchange of securities. It was NEC Corporation that became the project’s technology partner.
In an effort to meld the crypto and stock markets, UNAS-StoX has decided to lead this niche financial space. It is a technology to openly trade crypto assets between securities and bonds by combining a decentralized UNAS-based trading platform in partnership with existing Asian stock markets such as KRX, TWSE, and SGE. In order to link crypto assets and securities, UNAS will use its own token as the main trading tool.
UNAS launches the Priority Allocation for Investors
Over $500k was raised by UNAS at a closed Seed Sale in late 2021 from venture capitalists. Early partners in the project included ChoMin, K.S.Fund, and others. After accumulating SoftCap, the project began implementing the Core Idea and developing the MVP for the general public. The United Asian Token has also announced its first private allocation to large and mid-size investors.
Private investors have a limited offer, with only 700,000 UNAS allocated for the most profitable allocations. The minimum investment in the project is fixed at $500 and the starting price of UNAS is equal to 0.15 BUSD.
As part of the project, community members are able to take advantage of many value-added side products. A variety of products are available, including a referral program called UNAS Ambassador, additional compensation for large investors in Whale Bonus, and a bounty program for small investors – all efforts are aimed at raising community awareness and gaining a wider audience.
In addition to being a part of the next global blockchain summit, the UNAS team is ramping up its marketing efforts. World-renowned editors are being brought in by developers from Hong Kong, Singapore, and South Korea.
Here’s how to get a UNAS allocation. You can stay updated on future developments by visiting the following links: Website | Telegram | Twitter.
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