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SOMA.finance

SOMA.finance

First Compliant Multi-Asset DEX & Issuance PlatformFor Tokenized Equities, Crypto Assets, STOs, and NFTs

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 in newly issued tokenized securities and crypto assets, SOMA.finance is the first to truly bring DeFi to TradFi across the global retail and institutional market.

It's world’s firstCompliant Automated Market Maker (AMM)

First Compliant Multi-Asset DEX & Issuance Platform

For Tokenized Equities, Crypto Assets, STOs, and NFTs

SOMA.finance's solutions:

1. First Mover in Compliance

- Through Tritaurian Capital, SOMA.finance currently has the only SEC & FINRA approved license to offer tokenized securities on the blockchain*

2. Multi-Asset Platform

- SOMA.finance will initially launch with 20-30 tokenized equities, ETFs, crypto assets, and STOs with more products to be added

3. P2P AMM Transactions

- Trade across all asset classes in a P2P and decentralized fashion, without having a centralized orderbook or there being room for market manipulation

4. Semi-Permissionless Access to DeFi

- Following the proper KYC/AML guidelines, institutions and retail alike will be able to access yield farming and liquidity provider incentives

Key Features:

- Globally Compliant

- 1:1 Backed & Redeemable

- Tokenized Equities

- Crypto, STOs and NFTs

- 24/7 Trading

- DeFi to TradFi Bridge

- DeFi Primitives

- FIAT Convertable

Timeline

June 2022
Expand product offering with commodities, precious metals, options & futures
  • Facilitate margin loans & lending
  • Integrate additional blockchain networks including Polygon, Solana & MANTRA DAO Polkadot parachain
  • Acquire New York BitLicense
January 21, 2022
SOMA.finance on Twitter
January 21, 2022
SOMA.finance on Twitter
January 20, 2022
SOMA.finance raises a $6,500,000 seed round from 0x Ventures, Animoca Brands, FomoCraft, GSR, Gate.io, Griffin Gaming Partners and Kenetic Capital.
2022
Complete liquidity round fund raising
  • Launch v1 platform with tokenized equities, cryptos, ETFs & fiat on/off ramps
  • Integrate DeFi yield farming functionalities
  • Broaden MTL coverage
  • Issue first regulated security token on SOMA platform
2021
MMANTRA DAO & Tritaurian Capital create joint venture partnership to launch SOMA.finance
  • Complete seed round fund raising
  • Acquire Reg CF (Crowdfunding) licence to access US retail investors4yun5MANTRA DAO & Tritaurian Capital create joint venture partnership to launch SOMA.finance

Funding Rounds

Patents

Further Resources

Title
Author
Link
Type
Date

Animoca Brands Leads $6.5M Round for Decentralized Exchange Soma.Finance

Brandy Betz

Web

January 20, 2022

Introducing SOMA.finance - by Co-Founder John Patrick Mullin

Web

June 30, 2021

Introducing SOMA.finance - by Co-Founder John Patrick Mullin

Web

June 30, 2021

SOMA.finance - Medium

Web

References

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