What is SOMA.finance (SOMA)

SOMA is a FINRA-licensed and SEC-regulated multi-asset AMM and compliant token issuance platform for tokenized equities, crypto assets, STOs, and NFTs. SOMA will consist of a multi-asset automated market maker (AMM) trading platform where users can seamlessly trade a variety of asset classes against one another, such as tokenized versions of US equities/ETFs and ETH or stablecoins using a shared liquidity pool (LP) where both retail and institutional players can partake, as well as a compliant token issuance platform that allows for Reg D/S/A+/CF launches enabling issuers to compliantly raise capital from both retail and institutional players globally. As opposed to synthetic equities, users on SOMA actually own the underlying assets (1–1 backed).

Users are also able to utilize their LP liquidity tokens to then be able to yield farm a number of different assets including stablecoins, the SOMA token, and even a mixed bag of stablecoins, tokenized securities, and SOMA. Being able to compliantly earn yield on, trade, and take part of newly issued tokenized securities and crypto assets, SOMA.finance is the first to truly bring DeFi to TradFi across a global retail and institutional market.

Details

Token supply: 88,888,888 SOMA
Hard cap: 25,000,000 USD
Raised: 6,500,000 USD

Legal

Registration country: United States
Registration year: 2021