Digital Securities
DigiMax to Consult During Leonovus Security Token Offering
Business Development Consultant
Leonovus has announced that they will be utilizing the services of DigiMax in their upcoming Galaxa STO. DigiMax will be assuming the role of ‘Business Development Consultant’.
This role will see Leonovus tap into the recent STO Advisory platform, launched by DigiMax. When describing the tasks that DigiMax will assist in, Leonovus lists the following:
“The scope of work includes recruiting and assisting Leonovus to enter into a direct engagement between Leonovus and a Lead Registered Broker/Dealer in the United State; recruit other potential registered broker/dealers from around the world to work directly with Leonovus and the Lead Broker/Dealer.”
Galaxa
Over the past 8 years, Leonovus has infused $31 million into a project aimed towards disrupting the cloud storage industry. It is this project, known as Galaxa, which Leonovus is hoping to put the finishing touches on.
Galaxa is being developed with an eye for enterprises, looking to implement ‘Anything-as-a-Service’ (XaaS). The project is described as the ‘Uber’ of cloud storage, and will make use of its security token as an exchange of value.
The project offers 3 main cloud services.
- MarketPlace
- Offline storage, payments, and reputation
- Storage
- Distributed data, stored through various providers
- Compute
- Infrastructure facilitating computations through cloud-applications.
For more information on what Galaxa is, click HERE.
Commentary
The CEOs of each, DigiMax and Leonovus, took the time to comment on their arrangement. The following is what each had to say on the matter.
Chris Carl, CEO of DigiMax, stated,
“DigiMax is excited to be able to work with Leonovus to create a global network of registered broker/dealers that can raise the funds for the DSO/STO being offered by Leonovus for their Galaxa project…By working as part of the Leonovus team, DigiMax can assist in ensuring Leonovus is working with the highest quality broker/dealers knowledgeable in the Digital Security industry.”
Michael Gaffney, CEO of Leonovus, stated,
“I believe that Leonovus is at the forefront of the tokenization of securities. Indeed, our vision of the Galaxa project could not be achieved without tokenization. The evolution from the crowd-funding nature of ICOs (Initial Coin Offerings) of the last several years to full compliance with securities regulators of STOs (Security Token Offerings) was very much needed. We are pleased to be at the forefront of this new market and excited that Leonovus is expected to be one of the first public companies in the world to issue a digital security.”
Leonovus
Leonovus is a Canadian company, which is based in the nation’s capital – Ottawa. Launched in 2010, Leonovus provides its clients with next-gen cloud storage solutions. They identify as a ‘platform-agnostic, data-centric multi-cloud data controller’.
Company operations are currently overseen by CEO, Michael Gaffney.
DigiMax
DigiMax is headquartered in New York, and was founded in 2017. The company specializes in providing services to ensure compliant, and efficient, capital formation events.
DigiMax recently launched their anticipated STO advisory platform, with Leonovus now becoming one of their first customers. This platform assists in processes ranging from due diligence, to distribution, and even post-sto marketing.
DigiMax Launches Security Token Offering Advisory Platform
In Other News
Since their decision to pivot from an ICO to and STO, Leonovus has been busy developing various relationships. Each strategic in their own way, these partnerships should allow for Leonovus to complete a successful, and compliant, STO. Here are a few articles detailing these past events.
Leonovus Pivots from ICO to STO for Galaxa Project
