TaaS contributes to advancing Blockchain tech

TaaS, the first-ever tokenized closed-end fund dedicated to blockchain assets, partnered with SALT (Secured Automated Lending Technology), which is a lending platform that allows holders of Blockchain assets to leverage their holdings as collateral for cash loans. This initiative enables investors to securely lend against a high-growth asset class, whereby debt is fully collateralized.

SALT token is built on ERC 20 smart contracts, and represents a membership to the Lending Platform. TaaS is contributing 215.3 BTC to SALT’s token sale, which provides 444,300 SALT tokens to TaaS’ portfolio. This contribution enables TaaS to become a major backer of the platform. 

Furthermore, TaaS launched in March 27, 2017 its Initial Coin Offering (ICO), which will conclude on April 27, 2017. Using the Ethereum blockchain and a carefully engineered Cryptographic Audit technology, TaaS offers a new approach for investors to participate in and benefit from cryptocurrencies. The TaaS platform enables investors to enter the cryptocurrency market with full auditing transparency for the first time.