Although 'LAB' was the ticker assigned at the deployment of the Labrys Token's smart contract, it is also in use by another asset with a larger market presence and higher trading volume on major exchanges. To avoid confusion in the marketplace, the alternative ticker 'LABRYS' has been adopted for this token. This designation ensures that assets are distinctly identified.

Bringing Bonds to Blockchain. Labrys are developing the technology needed to effectively issue bonds as tokenised assets directly on the blockchain. By utilising the latest technology available, inefficiencies in the issuance process are able to be eliminated, creating a much more efficient and cost effective bond ecosystem. LAB tokens allow the user to gain ownership of a bond and provides interest payments.