$0.00096
-$0.00000(-0.10%)
Market Cap
--
24h High
$0.00096
24h Low
$0.00095
24h Turnover
$109.92
Total Supply
1.00B
Market Sentiment
Neutral
SUMOTEX (SMTX) Price Performance
SUMOTEX (SMTX) is priced at $0.00096 today, with a market dominance of 0.000034%. Its price has changed by -0.10% over the past 24 hours, +4.10% over the past 7 days, +1.04% over the past 30 days, and -57.00% over the past year.
About SUMOTEX (SMTX)
SumoTex AssetFi protocol tokenises off-chain assets such as real estate and company shares, funds and bonds. SMTX solves the largest issue of institutional finance: illiquid nature of assets (Real Estates, unlisted company shares, bonds, fixed deposits). Often locked in from months to years, SMTX’s AssetFi tokenization protocol provides the solution to this. Fund managers and financial institutions who wish to liquidate/tokenise their funds or asset can do it on SMTX’s protocol. Institutional finance is poised for disruption, and SMTX is spearheading web3 to it.Key features of SumoTex:Decentralization of Assets. With AssetFi protocol, any asset owner, family offices and financial institutions can gain access to the technology and resources SMTX provides on a deal by deal or portfolio basisInvestment and lending vault. Onboarded asset manager will be able to issue/start their funds with their offering after the asset is approved by the governance protocolReal Estate backed STABLECOIN. SMTX will issue its first ever real estate backed stable coin, assets verified by a public trustee which acts as a node validator. It will be the world most safe stable coin as it is pegged against real estate, one of the most capital secured assets.
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