In 2020, SSW Management Institute reached a strategic partnership with the emerging trading center BETA GLOBAL FINANCE to jointly issue the SCS token. This initiative not only signifies SSW Management Institute's profound insight into future financial technology but also reveals its ambition in the emerging technology field. The primary purpose of issuing the SCS token is to raise funds to support the research and upgrades of the CyberFusion Trading System.
1. **Initiating the Vision**
During a board meeting in 2020, Darryl Joel Dorfman, the Dean of SSW Management Institute, proposed and successfully passed a bold plan: issuing the SCS token for fundraising. It was realized that leveraging the potential of the cryptocurrency market rather than relying on traditional stock market financing could quickly raise funds and attract global investors' attention, especially the younger generation interested in emerging technologies.
2. **Formation of the Strategic Alliance**
The selection of BETA GLOBAL FINANCE trading center as a partner was not random. BETA GLOBAL FINANCE stood out for its unique market positioning and robust technical support. They plan to develop the trading center into a high-quality ICO issuance base with a clear listing plan on NASDAQ, aligning with SSW Management Institute's international vision.