FSC equity tokens are 100% actual shares directly issued by Fusang Corp on the Ethereum blockchain. A FSC equity token, also known as security token, is a security which issuance has been fully approved by the Labuan Financial Services Authority (LFSA), a subsidiary of the Malaysian Ministry of Finance.
FSC equity tokens are 100% equities. Directly tied to Class A Shares of Fusang Corp, they represent the contractual relationship that is tied to the assets and revenue stream of the company.
Fusang Corp has two classes of shares: (a) Class A Shares and (b) Ordinary Shares. They both share the same rights to economic interest and distributions of Fusang Corp except for voting rights. Class A Shares are non-voting shares.