RE: RNS9 Oct 2025 11:52
Fair question yes, Firm was the pilot token, but the RNS lists five signed tokenisation contracts across several sectors.
Those are in various stages of build and compliance, which is where the setup/onboarding revenue comes in. It’s standard for issuers to pay fees during structuring, legal setup, and smart contract deployment before a live token lists publicly.
So even if only Firm is visible right now, the groundwork for the other issuances is where that $135k came from. The real proof will be when those go live over the next few months. Market won’t be dead for long now 😎