Giant Belarusian dairy company launches digital tokens valued at $5 million, revealing the benefits.
In a significant move, Bitpanda has once again taken the lead on the Finstore platform, issuing the largest amount of tokens this year. The Austrian cryptocurrency exchange and digital asset platform has reported a revenue of over 308 million rubles for the first half of 2025.
Despite this success, the company reported a loss of 40.4 million rubles in the previous year. It's important to note that losses can occur due to technical malfunctions, illegal actions, or token price volatility.
Meanwhile, OAO 'Turovsky Dairy Plant' has re-entered the token market, aiming to raise $5 million. Last year, the plant increased its raw material processing, and in 2024, it reported a net profit of 12.45 million rubles. Now, the plant produces 104 tons of cheese per day.
The company is offering investors a 7% annual yield with a floating rate. However, it's crucial to understand that acquiring tokens may result in the complete loss of monetary funds and other civil law objects transferred in exchange for tokens.
Tokens are digital signs representing records in the registry of transaction blocks, a distributed information system known as blockchain. They do not confirm ownership of civil law objects, nor are they backed by the state. Contrarily, the distributed information system confirms the owner's rights to civil law objects.
It's also worth noting that tokens are not a means of payment. Analysts attribute the improvement in financial indicators primarily to an increase in exports to CIS countries.
While the world of cryptocurrency and tokens can be risky, it's clear that companies like Bitpanda and Turovsky Dairy Plant continue to find success in this growing market. As always, it's essential for investors to do their due diligence and understand the risks involved before making any financial decisions.
Read also:
- Trade Disputes Escalate: Trump Imposes Tariffs, India Retaliates; threatened boycott ranges from McDonald's, Coca-Cola to iPhones
- Aquatech purchases Koch's Direct Lithium Extraction business, merging Li-ProTM DLE technology into the PEARLTM Technology Platform.
- Nepal's Journey: Evolution from Street Life to Political Power
- Li Auto faces scrutiny after crash test involving i8 model and a truck manufacturer sparks controversy
