Trending...
- Tacoma: FAQs on Proposed 0.1% Criminal Justice Sales & Use Tax
- Boeing–Airbus Accreditation Breakdown: How "Probably" Certificates Created Worldwide Risk
- Signature Smiles Dental Group Unveils New User-Friendly Website
Decentralised finance protocol aims to disrupt traditional leasing industry through innovative NFT-based rental marketplace
NEW YORK - Washingtoner -- Okh Finance, a pioneering decentralised finance (DeFi) platform, has announced the upcoming launch of its native Okh Finance(OKKH) token, designed to revolutionise the global asset leasing and rental marketplace through blockchain technology.
The platform introduces an innovative approach to asset sharing by tokenising lease agreements into Non-Fungible Tokens (L-NFTs), enabling asset owners to monetise underutilised resources whilst providing users with global access to equipment and goods without traditional ownership barriers.
Addressing Market Inefficiencies
The global equipment rental market, valued at over £500 billion annually, has long been hampered by fragmented systems, high intermediary costs, and limited transparency. Okh Finance's solution aims to address these challenges by creating a peer-to-peer marketplace that operates on the Arbitrum blockchain, offering reduced fees and enhanced security through smart contract automation.
More on Washingtoner
"Traditional leasing markets are burdened by inefficiencies that our technology can solve," said Dr Ethan Stone, Chief Executive Officer of Okh Finance. "By tokenising lease agreements and eliminating intermediaries, we're creating a more accessible and transparent ecosystem for both asset owners and users."
Technical Innovation
The platform's core innovation lies in its Lease Agreement NFTs (L-NFTs), which digitally represent specific rental contracts with embedded terms including duration, pricing, and usage conditions. These tokens can be traded on the platform's marketplace and used as collateral in the integrated RentFi lending protocol.
The RentFi component allows asset owners to access immediate liquidity by collateralising their future rental income streams, creating what the company describes as a "new financial primitive" for the sharing economy.
Token Economics and Funding
The OKKH token serves multiple functions within the ecosystem, including:
More on Washingtoner
Token Distribution:
Okh Finance has indicated it will implement appropriate compliance measures, including identity verification procedures and transaction monitoring, particularly for exchange listings on platforms with established Know Your Customer (KYC) and Anti-Money Laundering (AML) frameworks.
About Okh Finance
Founded by a team with experience at major technology and financial services companies, Okh Finance is developing what it describes as the first comprehensive decentralised ecosystem for asset leasing and rental finance. The platform aims to operate as a Decentralised Autonomous Organisation (DAO) with community governance over protocol development and treasury management.
Official Platform & Documentation
The platform introduces an innovative approach to asset sharing by tokenising lease agreements into Non-Fungible Tokens (L-NFTs), enabling asset owners to monetise underutilised resources whilst providing users with global access to equipment and goods without traditional ownership barriers.
Addressing Market Inefficiencies
The global equipment rental market, valued at over £500 billion annually, has long been hampered by fragmented systems, high intermediary costs, and limited transparency. Okh Finance's solution aims to address these challenges by creating a peer-to-peer marketplace that operates on the Arbitrum blockchain, offering reduced fees and enhanced security through smart contract automation.
More on Washingtoner
- Tacoma: Homicide Investigation and Arrest– 6400 block of McKinley
- UK Financial Ltd Completes Full Ecosystem Conversion With Three New ERC-3643 SEC-Ready Tokens As MCAT Deadline Closes Tonight
- AI Real Estate Company Quietly Building a National Powerhouse: reAlpha Tech Corp. (N A S D A Q: AIRE)
- Inkdnylon Expands National Uniform Embroidery Services
- Appliance EMT Expands Appliance Repair Services to Portland, OR and Vancouver, WA
"Traditional leasing markets are burdened by inefficiencies that our technology can solve," said Dr Ethan Stone, Chief Executive Officer of Okh Finance. "By tokenising lease agreements and eliminating intermediaries, we're creating a more accessible and transparent ecosystem for both asset owners and users."
Technical Innovation
The platform's core innovation lies in its Lease Agreement NFTs (L-NFTs), which digitally represent specific rental contracts with embedded terms including duration, pricing, and usage conditions. These tokens can be traded on the platform's marketplace and used as collateral in the integrated RentFi lending protocol.
The RentFi component allows asset owners to access immediate liquidity by collateralising their future rental income streams, creating what the company describes as a "new financial primitive" for the sharing economy.
Token Economics and Funding
The OKKH token serves multiple functions within the ecosystem, including:
- Transaction fees
- Governance rights
- Staking rewards
More on Washingtoner
- Next Week: The World's Best Young Pianists Arrive in Music City for the 2025 Nashville International Chopin Piano Competition
- Revenue Optics Builds Out Its Dedicated Sales Recruiting Firm with Strategic Addition of Christine Schafer
- Hydrofast Elevates the Holiday Season: The C100 Countertop RO System Merges Smart Tech with Wellness for the Perfect Christmas Gift
- Melospeech Inc. Accepts Nomination for HealthTech Startup of the Year
- Flower City Tattoo Convention Draws Record Attendance in Rochester, NY
Token Distribution:
- 30% - Public sale allocation
- 25% - Ecosystem growth and community incentives
- Remaining 45% - Team, advisors, treasury reserves, and liquidity provision
Okh Finance has indicated it will implement appropriate compliance measures, including identity verification procedures and transaction monitoring, particularly for exchange listings on platforms with established Know Your Customer (KYC) and Anti-Money Laundering (AML) frameworks.
About Okh Finance
Founded by a team with experience at major technology and financial services companies, Okh Finance is developing what it describes as the first comprehensive decentralised ecosystem for asset leasing and rental finance. The platform aims to operate as a Decentralised Autonomous Organisation (DAO) with community governance over protocol development and treasury management.
Official Platform & Documentation
- Website: https://www.okhfinanceokkh.com/
- Technical Whitepaper (PDF): https://www.okhfinanceokkh.com/assets/file/okh-whitepaper.pdf
Source: Okh Finance
0 Comments
Latest on Washingtoner
- Heritage at South Brunswick's Resort-Style Amenities for Any Age and Every Lifestyle
- Everett Chamber and Herald Launch 2026 Business Directory Reaching 30,000 Local Households
- T-TECH Partners with Japan USA Precision Tools for 2026 US Market Development of the New T-TECH 5-Axis QUICK MILL™
- Record Revenues, Debt-Free Momentum & Shareholder Dividend Ignite Investor Attention Ahead of 2026–2027 Growth Targets: IQSTEL (N A S D A Q: IQST)
- New YouTube Channel Pair Launches to Bring Entertainment Nostalgia Back to Life
- BRAG Hosts Holiday Benefit — Awards 10 Student Scholarships & Honors Timberland with the Corporate Impact Award
- FittingPros Launches Industry's First Data-Driven Golf Club Fitting Directory
- Take Control of Your Color Matching with Boston Industrial Solutions' Newly Expanded Natron® UVPX Series Ink Colors
- "Dr. Vincent Michael Malfitano Expands Monterey–Sicily Cultural Diplomacy With Major International Media Engagement"
- Kaufman Development Breaks Ground on Detroit Micro Data Center, Expanding Its National AI Platform
- Cummings Graduate Institute for Behavioral Health Studies Celebrates New DBH Graduates
- $80M+ Backlog as Florida Statewide Contract, Federal Wins, and Strategic Alliance Fuel Next Phase of AI-Driven Cybersecurity Growth: Cycurion $CYCU
- High-Conviction CNS Disruptor Aiming to Transform Suicidal Depression, Ketamine Therapeutics, and TMS - Reaching Millions by 2030
- Top10Christmas.co.uk Releases the UK Christmas Toy Trends 2025 Report
- Talagat Business Academy Announces Joint Certificate Program With The University of Chicago Booth School of Business
- LocaXion and Asseco CEIT Announce First-to-Market RTLS-Driven Digital Twin Platform for Healthcare, Manufacturing, and Logistics
- Slotozilla Launches New Report on How AI Is Reshaping Careers and Society
- Tacoma City Council Approves Tideflats Subarea Plan
- OKAVA Pharmaceuticals Announces First Cat Dosed in MEOW-1 Study of OKV-119, the World's First Clinical-Stage GLP-1 Weight-Loss Therapy for Pets
- Explosive Growth in U.S. Cryptocurrency Cloud Mining Sets The Stage for New Platform Launch with Daily Rewards in a Transparent Revenue-Share Model