**SOMA.finance** is a [decentralized exchange](https://iq.wiki/wiki/decentralized-exchange) and issuance platform that fully complies with regulatory standards for multiple asset types. [John Patrick Mullin](https://iq.wiki/wiki/john-patrick-mullin), [Will Corkin](https://iq.wiki/wiki/will-corkin), and [Rodrigo Quan Miranda](https://iq.wiki/wiki/rodrigo-quan-miranda) are the co-founders of SOMA. [\[1\]](#cite-id-r8s7mgzjnoa) $$widget0 [YOUTUBE@VID](4CSnLm59suU)$$  
  
# Overview  
  
Founded in 2021 as a collaboration between the creators of the [DeFi](https://iq.wiki/wiki/defi) protocol [MANTRA](https://iq.wiki/wiki/mantra-dao) and the broker-dealer Tritaurian Capital, SOMA.finance aims to integrate regulated tokenized securities into [DeFi](https://iq.wiki/wiki/defi). It offers a legal and regulated framework for trading tokenized equities and issuances using secure onboarding and encryption protocols. This platform seeks to bridge traditional brokerage investors to the [DeFi](https://iq.wiki/wiki/defi) market, promoting the adoption of [blockchain](https://iq.wiki/wiki/blockchain) technology in financial trading. [\[2\]](#cite-id-cjgzu752x9u)[\[3\]](#cite-id-c5x5n7ysuxr)  
  
SOMA aims to provide a compliant product suite for institutions and retail investors, offering [KYC](https://iq.wiki/wiki/know-your-customer-kyc) and [AML](https://iq.wiki/wiki/anti-money-laundering-aml) functions, digital asset trading and regulated [automated market making (AMM)](https://iq.wiki/wiki/automated-market-maker). Initially, SOMA will launch with 20–30 tokenized equities, ETFs, [crypto](https://iq.wiki/wiki/cryptocurrency) assets, and STOs, with more products to follow. Investors can trade decentralized asset classes through SOMA, avoiding centralized order books and potential market manipulation. Additionally, institutions and retail investors can participate in [yield farming](https://iq.wiki/wiki/yield-farming) and [liquidity provider](https://iq.wiki/wiki/liquidity-providers) incentives by adhering to [KYC](https://iq.wiki/wiki/know-your-customer-kyc) and [AML](https://iq.wiki/wiki/anti-money-laundering-aml) guidelines. [\[2\]](#cite-id-cjgzu752x9u)[\[3\]](#cite-id-c5x5n7ysuxr) $$widget0 [YOUTUBE@VID](PN_qc4iqDE4)$$  
  
## Tritaurian Capital  
  
Tritaurian Capital is a registered broker-dealer and a member of FINRA and SIPC. It is the first non-ATS broker-dealer licensed to sell digital private placement securities using [blockchain](https://iq.wiki/wiki/blockchain) technology. Digital securities, an emerging application of distributed ledger technology, can enhance investor access and reduce issuer costs. Tritaurian asserts that [blockchain](https://iq.wiki/wiki/blockchain)-based securities improve transferability, transparency, security, and regulatory compliance. [\[4\]](#cite-id-bc4up7vkx7k)  
  
# Products  
  
## SOMA Starter  
  
Starter is the SOMA.finance platform for the compliant and regulated issuance of tokenized securities. It allows users to review, select, and invest in upcoming projects. SOMA Starter offers access to innovative project launches and investment opportunities, enabling users to track token raises and project progress with detailed information on funding and backgrounds. Regulated by FINRA and the SEC, SOMA conducts intensive due diligence on listed projects to reduce the risk of scams or [rug pulls](https://iq.wiki/wiki/rug-pull). [\[5\]](#cite-id-09awhgbhjq2h) $$widget0 [YOUTUBE@VID](d3WmZ0seIdE)$$  
  
# SOMA  
  
The SOMA token is a legally issued and compliant digital security available to global and US retail investors. It will be tradable on the SOMA [DEX](https://iq.wiki/wiki/decentralized-exchange) against other digital assets, securities, and tokenized public equities. The SOMA token offers several advantages. Token holders are eligible to receive a portion of SOMA.finance's profits as preferred dividends. They can earn passive income by [staking](https://iq.wiki/wiki/staking) their tokens in a secure pool and gain additional rewards through [yield farming](https://iq.wiki/wiki/yield-farming) pools and initiatives. Additionally, SOMA token holders have ownership rights in SOMA Finance Incorporated, holding a preferred equity position. [\[6\]](#cite-id-9paypa5u3u9)[\[7\]](#cite-id-l3b46b5d6h)  
  
## Tokenomics  
  
SOMA has a total supply of 88,888,888 tokens and has the following allocation: [\[7\]](#cite-id-l3b46b5d6h)  
  
* **SOMA LP Staking**: 30%  
* **T&A**: 22.4%  
* **Reserve Pool**: 18%  
* **Seed Round**: 6.5%  
* **SOMA Staking Rewards**: 5%  
* **OM Staking Airdrop**: 4%  
* **Reserve and Liquidity Position**: 4%  
* **BD License Fee**: 4%  
* **Liquidity Round**: 3.8%  
* **Reg CF**: 2.3%  
  
# Partnerships  
  
* Griffin Gaming Partners  
* [Animoca](https://iq.wiki/wiki/animoca)  
* Gate Ventures  
* GSR  
* Kenetic  
* Pulsar Trading  
* Token Bay Capital  
* Baboon VC  
* Forte  
* Fomocraft Ventures  
* Mind Fund  
* BCW  
* HexTrust  
* SMO Capital  
* SK Starter  
* LimeChain  
* Astrapto  
* Sors  
* GCR [\[2\]](#cite-id-cjgzu752x9u)

SOMA.finance was founded through a joint venture of MANTRA and Tritaurian Capital

SOMA.finance

John Patrick Mullin

Rodrigo Quan Miranda

Will Corkin

4CSnLm59suU

PN_qc4iqDE4

d3WmZ0seIdE

SOMA.finance is a regulated decentralized exchange and issuance platform for trading tokenized securities, founded by John Patrick Mullin, Will Corkin, and Rodr...

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