Com2uS rebrands XPLA token name to 'CONX'..."Leaping into global infrastructure"

Bloomingbit Newsroom

Summary

  • XPLA(XPLA) announced it will rebrand its token name to CONX(CONX).
  • CONX(CONX) stated it aims to work with traditional financial institutions, the cultural industry, and technology companies to safely digitize and put physical assets on-chain.
  • It also announced participation as the technical partner for the Art fund token securities (STO) project to build global liquidity infrastructure for cultural assets.

Com2uS Holdings announced on the 6th that the global blockchain mainnet 'XPLA(XPLA)', in which it participates, will proceed with token rebranding.

XPLA(XPLA) passed a rebranding proposal in a recent vote to change XPLA's token name and symbol to 'CONX(CONX)'. CONX(CONX) embodies the meaning 'Culture(Culture) = Connect(Connect)' and symbolizes a trust-based network (Mainnet of Trust) that connects value among culture, finance, and technology. Technical specifications will remain the same.

Going forward, CONX(CONX) aims to provide a regulatory-friendly environment where traditional financial institutions, the cultural industry, and technology companies can safely digitize and put physical assets on-chain. It will also participate as the technical partner in the art fund token securities (STO) project being carried out by the AI(AI)-based global art trading platform 'Artue(Artue)'. Through this, it plans to jointly build infrastructure for the conversion of digital ownership of cultural assets such as artworks and for global liquidity.

The foundation said, "We will help various Asian industries and cultural assets that have adhered to traditional frameworks to be safely digitized in the AI(AI) era," adding, "CONX(CONX) will establish itself as a trust-based technical partner and as global infrastructure."

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