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“First Business to Be Tokenized via Binaryx is Genius Marketing,” – Bitcoinist

Asset tokenization is a rapidly growing trend in various industries. It allows businesses to digitize shares, products, and other offerings for subsequent listing on cryptocurrency exchanges and distribution among market participants. Binaryx is launching a tokenization platform to allow startups and businesses to tokenize their assets for attracting additional investment. 

The first business to be tokenized within the Binaryx platform is Genius Marketing, the EdTech company from Eastern Europe. Oles Timofeev, Founder and CEO of Genius Marketing, commented on the partnership:

“Tokenization will help us boost expansion and scale our business in the global market. Genius Marketing aims to be an international educational platform and onboard users worldwide. With tokenization, this process will be cost-efficient and prompt. As an EdTech company that provides online education, we want to be at the edge of innovations. That is why we rely a lot on our partnership with Binaryx.”

Genius Marketing offers entrepreneurs a variety of educational programs on digital marketing. The company has a preliminary valuation of around $8 million, with 10% of its shares slated for tokenization and subsequent sale. The estimated amount of investments to be attracted stands at $800,000 with a hard cap of $1 million.

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