Added Support Cryptocurrency exchange, LAToken, has just announced their immediate support for SWM tokens – the native utility token of Swarm Fund. While the Swarm token, SWM, is a utility token, it acts as the fuel, driving Swarm’s STO ecosystem. On the LAToken platform, SWM is tradable vs. a variety of assets, including both BTC and ETH. Token Details The SWM tokens offer various levels of functionality to the Swarm ecosystem. Swarm highlights 5 main areas in which token users can benefit. Masternode Staking Allows for users hosting masternodes to earn rewards, in the form of SWM. This process incentivises growth and security of the ecosystem Issuance Stake A major draw for token issuers to use Swarm, is to take advantage of their FREE tokenization process. In order to utilize this service, SWM is required to be staked by token issuers. Governance No one likes for their voice to go unheard. By holding SWM tokens, participation in votes is granted. Token holders have a say in network decisions, proportionate to their holdings. Settlement Allows for any service provider utilizing Swarm to accept SWM as form of payment. Reward 10 million SWM have been set aside to fund monthly rewards for those that contribute value to the SWM network. It is clear that, despite the ground breaking attributes digital securities afford investors and issuers alike, there is still a role for utility tokens to play in the blockchain industry. The SWM token is a perfect example of this, as it brings increased functionality to the platform of a company tailoring its services towards security tokens. Swarm Swarm is a United States based company that was launched in January of 2018. Company operations are overseen by CEO, Philipp Pieper. The company utilizes blockchain technology to create new forms of investment opportunities, while increasing ease of access to capital for SMEs. LAToken Founded in 2017 by Valentin Preobrazhenskiy, LAToken is a cryptocurrency exchange, supporting secondary trading of digital securities. The name LAToken refers to ‘Liquid Assets Platform’. An attribute often touted during the issuance of digital securities. In Other News Swarm is one of our most covered companies, as they are in a constant state of development, and have seen modest levels of adoption. Below are a few articles we have posted in recent months, detailing these events, along with those of LAToken. REMCO Software to see Security Tokens Listed on LAToken Swarm Announces Collaboration with TRON BlackBox Partners with Swarm Labs to Bring Digital Securities to Asia Swarm to Create Security Tokens for Free Swarm Gains Support for FIAT through Mercury FX The post LAToken Brings Support for Swarm Utility Token (SWM) appeared first on .