Another Altcoin Launches Token Sale Project for Companies in the US and China

The Conflux Foundation, behind the cryptocurrency project Conflux (CFX), announced today a proposal for the ecosystem fund to seek strategic collaborations with publicly traded companies. According to the statement, these collaborations will not be limited to companies listed on the Hong Kong or US stock exchanges, but can also be evaluated in different markets.

The highlights of the strategic collaboration were Digital Asset Treasury (DAT), PoS node operations, on-chain liquidity and RWA (real world assets) management. Related News: BREAKING: SEC and CFTC Make a Bullish Announcement for Cryptocurrencies The announcement stated that CFX tokens to be transferred to the digital asset treasuries of public companies will remain locked for at least 4 years.

The Conflux Foundation plans to launch a governance vote soon to secure community approval of this proposal. The vote announcement will be shared soon, and community members are encouraged to actively participate in the process.

*This is not investment advice. Continue Reading: Another Altcoin Launches Token Sale Project for Companies in the US and China