Oxygen Hospitality signs agreement with compliant securities platform, Token IQ, to advance digital framework of real estate investment contracts
Phoenix, Arizona – Real estate investment and hotel management company, Oxygen Hospitality Group, Inc., today announced it has entered into a technology agreement with Token IQ, Inc. Under the agreement, Oxygen Hospitality will utilize Token IQ’s securities compliant, patent-pending and token development platform to implement multiple phased smart contract and token offerings, beginning with popular short-term investment notes.
Utilizing Token IQ, Oxygen Hospitality, a real estate investment and hotel management company focused on acquiring, redeveloping and managing a portfolio of tech-infused branded and independent hotel assets in the Sun Belt and other advantageous U.S. destinations. The Company works with registered investment advisors (RIAs) and accredited investors seeking direct investment opportunities in hotels requiring redevelopment, active asset management or operational repositioning for a return to profitability and guest experience excellence. The company will be one of the first in the hotel and commercial real estate (CRE) investment industries, to offer smart contract logic to tokenize its short-term note offerings. Short-term notes are common agreements in real estate. With Token IQ, this common strategy will become innovative by integrating blockchain security and Know Your Customer (KYC) compliance to these offerings.
Token IQ, Inc. is a leading SaaS blockchain technology company focusing on delivering a turnkey solution for the tokenization of securities and asset backed investment contracts. The company’s technology enables issuers to convert rights to an asset into smart and fully compliant digital tokens on a blockchain with the goal of eliminating middlemen, reducing fees, and creating a frictionless environment. Token IQ’s solution makes capital formation more efficient while unlocking liquidity for traditionally non-liquid asset classes. Companies of any size and industry can now launch a digitized offering and seek investments with confidence.
“Compliance is everything,” said Peter Anadranistakis, president and co-founder of Oxygen Hospitality. “Regulatory compliance with Registered Investment Advisors (RIAs) and their accredited investors now becomes even more appealing as an investment opportunity in alternative funding mechanisms. This is a game changer for sure.”
Extremely secure, blockchain is described as an append only, encrypted transaction ledger, where new information can be added to the ledger, but previous information, stored in blocks, cannot be edited or changed.
Anadranistakis says, “There are many applications where blockchain compliance and security will benefit the hotel industry such as improving guest experiences, loyalty programs and operations. Hoteliers who are technology forward-thinking will help differentiate themselves in the marketplace.”
Hotel franchisors or brands that work with Oxygen Hospitality in the future will benefit from Token IQ’s blockchain-powered tokenization platform. This technology, combined with Oxygen Hospitality’s vision, has the potential to advance the overall hospitality industry’s adoption of digitized solutions on the blockchain.
According to Aleksander Dyo, president and co-founder of Token IQ, “Oxygen Hospitality Group is setting a new standard for tech innovation in the hospitality industry that will help to redefine the future of guest experience, hotel management, and ownership structures.” He added, “With Token IQ’s help, Oxygen Hospitality is bringing the same advanced thinking to real estate investing. The legal, technical and compliance framework for digital forms of investment contracts is being refined. We’re excited to be part of building that future with innovative companies like Oxygen Hospitality.”
The alignment of Token IQ and Oxygen Hospitality exhibits the power, precision, and possibilities that blockchain has in solving complex business challenges and revolutionizing how corporations will maintain and leverage accredited investor and alternative investment engagement.
Oxygen Hospitality Group, Inc., was founded in 2017, and is headquartered in Phoenix, Arizona. For more information, please visit: https://www.oxygenhospitality.com and follow us on Facebook, Twitter and LinkedIn.
For more information on Token IQ, visit www.tokeniq.io.