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The company's launch last year of the the first digital security token to be registered with the Securities and Exchange Commission serves as a blueprint for other companies that may be looking to raise capital from alternative assets.
Global growth forecasts for 2022 and 2023 are lower as Russia's invasion of Ukraine and pandemic lockdowns in China add to supply shocks and stoke inflation, said Moody’s recently. Advanced economies will expand 2.6% in 2022 and emerging market countries will grow 3.8%, down from March forecasts of 3.2% and 4.2%, respectively, the credit rating agency pointed out.
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