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Market News

INX to List Fast-Food Chain Furahaa Group’s Token on Nov. 20

Written By:
Dhara Chavda

Last updated: November 14, 2024 6:32 PM
Published 2024-11-14
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INX to List Fast-Food Chain Furahaa Group's Token on Nov. 20

The INX Digital Company, Inc., a regulated marketplace for digital securities, announced to list the Furahaa Group (FURA) token on its platform on November 20, 2024. The FURA token will allow global investors access to Furahaa, a leader in plant-based fast food and vegan products, through INX’s blockchain-based marketplace.

The listing aligns with INX’s commitment to making impactful, mission-driven investments accessible to a diverse investor base. Founded in 2015, Furahaa Group has become a significant player in the plant-based market, with each of its outlets generating around €1.2 million in annual revenue.

The company has expanded into franchise models like Furahaa Express across Europe and the U.S., making it a compelling investment with the vegan market projected to reach $40.3 billion by 2030.

Each FURA token represents a share in Furahaa’s equity and allows for fractional ownership, providing enhanced liquidity and flexibility. The token is an ERC-1404 asset on the Ethereum blockchain, ensuring both security and accessibility. This listing enables investors to trade outside of regular market hours and utilize cryptocurrency, adding a new layer of convenience.

Arthur Devillers, founder of Furahaa Group, stated, “Our partnership with INX redefines access to equity, in Furahaa Group by providing a pathway that extends beyond traditional markets.” INX CEO Shy Datika added, “This partnership aligns with our mission to expand the range of real-world assets on-chain, offering investors a unique and regulated alternative to traditional stock markets.”

Also Read: Bybit and Admundi Unite to Help Spain’s Flood Survivors

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Dhara Chavda- Crypto Research Analyst at The Crypto Times
By Dhara Chavda
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Dhara Chavda is a Content Strategist and Research Analyst with 5 years of experience in the crypto industry. She holds a Bachelor’s degree in Computer Engineering and brings a strong technical perspective to her work. Dhara specializes in DeFi, price analysis, and the core mechanics of cryptocurrencies. She also works on crypto news, including research, analysis, and assigning stories, ensuring accurate and timely coverage of key developments in the space.

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