Kuala Lumpur, Malaysia, April 22, 2022 (GLOBE NEWSWIRE) -- This is not an investment advice. Please conduct your own research when investing in any project. Read Disclaimer: below.
IBN Corp has established a regional business center in Malaysia and has several subsidiaries in China, Singapore, and Malaysia. The company's main projects include IBN Highlands City in Genting Highlands, Green City in Serendah, Love-Ocean in Kuantan, Bentong Eco Park in Bentong, and IBN Bukit Bintang – the tallest residential building in Kuala Lumpur. IBN Highlands City is a billion-dollar project developed by IBN Corp Ltd. Located in Asia's most prominent summer resort – Genting Highlands. This mixed-use development project integrates serviced apartments, commercial areas, and 5-star hotels to form a luxury property unmatched in the region.
Asset tokenization has a potential to increase the number of investors in the broader market, growth liquidity compared to traditional bonds, and reduce the time required to execute large projects. Tokenization in civil construction has been carried out by large construction companies and partners around the world.
The developer of the tokenization project for the construction of the IBN Highlands City-Fortune towers in Malaysia is the Brazilian Luiz Góes, co-founder of LGBank and current CEO of LYOPAY. For Góes, the resort construction project in Malaysia "is not only a pioneer in its magnitude but also a turning point in the crypto market and future...
source: https://www.globenewswire.com/news-release/2022/04/22/2427569/0/en/A-fully-Tokenized-Malaysia-Resort-Project-is-the-Innovation-of-the-Crypto-World.html
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Release ID: 239106