UK Financial LTD Launches ERC-3643 Security Token SMPRA with Enhanced Compliance Features
UK Financial LTD has unveiled its Maya Preferred PRA (SMPRA), a regulated security token built on the ERC-3643 standard, marking a significant step in compliance-ready digital assets. The token's total supply has been reduced by 88.5% to 23 million, with a permanent public float cap of 1 million tokens, driving a ~770% increase in ownership value per token.
The project introduces a wrapped token (RPWMPRA) for Retirement Plan Program recipients at a 400,000:1 ratio, creating substantial leverage for long-term holders. Advanced regulatory controls, including KYC verification and transfer restrictions, position SMPRA as a SEC-ready asset in the evolving security token landscape.