SOMA Finance, a decentralized exchange and digital asset issuance platform, recently announced that it will issue the token $SOMA at the end of this month or early October. It is reported that $SOMA will become the first legally issued and structured digital securities, bringing benefits such as dividends and company equity to holders.

SOMA Finance plans to sell up to $5 million in batches, with the first batch priced at $2.5 per token. $SOMA holders will have the opportunity to receive dividends of up to 10% of SOMA Finance's profits.

William B. Heyn, co-founder and co-CEO of SOMA Finance and CEO of Tritaurian Capital, said: "We have been quietly and hard at work developing the necessary technology to launch a revolutionary decentralized market for digital assets, compliant digital securities and NFTs, while staying in touch with regulators to provide a highly regulated decentralized financial platform."