Since the asset is backed by the revenue of the organization the value is affected by the growth of the organization.
What are the potential risks associated with the underlying asset, and how are these risks mitigated?
Market risk: This is the risk that changes in market conditions, such as interest rates or exchange rates, will negatively impact investments or business operations. We must manage our market risk by diversifying our portfolios and hedging our positions. Our focus on overcoming the Risk is we can mitigate market [...]
Every 30 days an independent audit occurs for the token.
At the end of each calendar month.
Through expertise in ISO20022 Blockchain Asset Issuance, Treasury Management Services, and Crypto Custodial Services. Pronexus specialize in ISO20022 Blockchain Asset Issuance and Management.
Yes, Pronexus Treasury is the Custodian and Treasury management service provider and also a licensed Financial Services Provider in accordance with the Financial Services Conduct Authority. Pronexus is also a CASP (Crypto Asset Service Provider) in the Republic of South Africa.
The governance structure of doublejack tokens is designed to be decentralized and community-driven, with a focus on transparency and openness.
It is audited by independent auditors.
To ensure compliance with international banking standards, the holding account for doublejack's asset backing their token is verified independently by a third party. This verification process is conducted in accordance with the ISO 20022 guidelines for international banking, which require compliance by 2025. Since doublejack's token is minted on the [...]