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Black Manta Capital and Tokeny to Launch Licensed ‘Multi-STO Platform’

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Multi-STO Platform

Today, a pair of Luxembourg based companies, Black Manta Capital and Tokeny, have announced the launch of a ‘multi-sto platform’.

This move represents the first licensed offering of its kind. The licensure needed to make the endeavour possible was awarded to Black Manta in early 2019, by the European regulatory body, BaFin.

BaFin Approves Germany based STO Platform by Black Manta Capital

The upcoming platform will operate with each company bringing unique skills to the table. They indicate that each will work within the following roles.

Black Manta

  • Compliance adherence
  • Investor Protection

Tokeny

  • Tech provider through a white-label tokenization platform

The Finer Points

The platform, itself, is geared towards serving not only professionals, but retail investors alike, with Europe representing the target market.

STOs, to be held through the platform, look to provide access to a variety of tokens based, not only on equity, but debt instruments and fractionalized ownership, as well.

For interested parties, investor onboarding is expected to begin in early November, 2019.

T-REX

The companies indicate that the launch of this platform will be facilitated through the adoption and use of framework known as the ‘Token for Regulated Exchanges’ or ‘TREX’.

The TREX framework provides a variety of capabilities including, but not limited to, the following.

  • Identity Management Systems
  • Validation Certificates
  • Transfer Management

Tokeny Releases TREX – The First Public Framework for STOs

Commentary

Upon announcing the launch of this new platform, representatives from each, Tokeny and Black Manta Capital, took the time to comment. The following is what each had to say on the development.

Luc Falempin, CEO of Tokeny, stated,

“Working with Black Manta Capital Partners allows the both of us to focus on what we do best. We provide the institutional grade tokenization solutions for every BMCP offering and this allows them to focus on what they do best, which is building their investor community.”

Christian Platzer, Co-Founder of BMCP, stated,

“Tokeny Solutions is one of the top global technology providers in tokenization. Having worked closely with the Tokeny Solutions team for several months, we can say: we speak the same language when it comes to the prospects for our industry and together we could not be more positive about the opportunities for security tokenization in Europe and around the world.”

Speaking with Luc

We were fortunate to have recently completed an exclusive interview with the CEO of Tokeny, Luc Falempin. In this discussion we learn more about, not only Falempin himself, but the near and long term goals of Tokeny as a whole.

Interview Series – Luc Falempin, CEO of Tokeny

Black Manta Capital

Operating out of Luxembourg, Black Manta Capital is a young company which was founded in 2018. Operating under licensure received by BaFin, Black Manta is working to establish themselves as an authority in the digital securities sector.

Managing Partners, Alexander Rapatz and Christian Platzer, currently oversee company operations.

Tokeny

Operating out of Luxembourg, Tokeny is a Fintech company which was launched in 2017. Above all, the team at Tokeny is working diligently to develop a suite of services meant to serve the digital securities sector.

CEO, Luc Falempin, currently oversees company operations.

In Other News

While both, Tokeny and Black Manta, have been hard at work in recent months to establish, not only themselves, but the digital securities sector as a whole, it was Black Manta that most recently caught our attention. This was through their recently announced partnership, which will see Canadian based DigiMax enter European markets through licensure held by Black Manta.

DigiMax Eyes European Expansion through Black Manta Partnership