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GMEX, HYBSE, MINDEX Announce HYBSE International Marketplace

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GMEX, HYBSE, MINDEX Announce HYBSE International Marketplace

The FinTech firms GMEX, MINDEX, and HYBSE announced a strategic partnership this week. The partnership is the first steps in the creation of a new security token platform, named the HYBSE International Marketplace. The platform is based out of the African island of Mauritius and provides crypto investors with some unique opportunities. First news of the venture came via a post on Dimcoin‘s medium page and HYBSE’s social media accounts.

HYBSE International Marketplace

The HYBSE International Marketplace combines the years of experience these three firms possess. According to initial reports, users can tokenize a wide array of holdings, launch security tokens, and manage token transfers. The digital exchange allows users to cryptonize shares, currencies, commodities, indices, and forex. Additionally, users can trade exchange-traded commodities (ETC), exchange-traded funds (ETF), and crypto exchange-traded funds (CETF).

HYBSE International Marketplace via Twitter

HYBSE International Marketplace via Twitter

Crypto ETFs

Crypto ETFs are long awaited by the cryptocommunity. Many analysts predict that the entry of crypto ETFs into the market could drive Bitcoin prices into a fierce bull stance. For this reason, the race to be the first exchange in the region to offer licensed crypto ETFs continues. Crypto ETFs require approval from local regulatory committees. As you would imagine, this can be difficult to attain.

For example, in the US, the SEC denied multiple crypto ETF applications. These include submissions from market giants such as the Bitcoin billionaires, the Winklevoss twins. The SEC denied the crypto brothers a crypto ETF approval twice this year. SEC officials denied the brothers application citing the volatility in the crypto market as their primary reason.

Each member of this development team brings a unique aspect to the project. MINDEX currently operates a successful crypto exchange. The firm’s experience in structuring the digital infrastructure for this concept will be paramount in the completion of this project. The HYBSE International Marketplace borrows different aspects the MINDEX platform and alters them to handle the strict requirements met by security tokens.

Mindex via Homepage

Mindex via Homepage

STO

HYBSE International Marketplace provides users the ability to launch their own security token offerings (STO) directly from within the platform. STOs differ from ICOs in that they remain compliant to the current Anti-Money Laundering (AML) and Know Your Customer (KYC) laws. This compliance requires that all investor’s and token issuers reveal their identity and source of funds.

A Partnership of Necessity

The timing of the partnership follows a recent announcement by the Financial Services Commission (FSC) in which the regulatory body announced more guidelines surrounding digital assets such as cryptocurrency. The board released a draft of the new requirements which is called the Custodian Services (Digital Asset) License. The licensing requirements are the same as traditional securities offerings with the addition of specific wording geared at digital asset holders.

In the past, the FSC stated that cryptocurrencies such as Bitcoin are not legal tender but because of their use as a store of value, they must be regulated. The previous legislation had a lack of coverage regarding digital assets. The new regulation is an attempt by Mauritius officials to clarify any confusion surrounding digital assets such as Bitcoin.

London Crypto ETFs Are Here

The HYBSE International Marketplace brings crypto ETFs to EU blockchain investors. This fact places the exchange in an exclusive class of providers offering these services globally. By becoming one of these exclusive providers, the HYBSE International Marketplace is positioned as a market leader.

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David Hamilton is a full-time journalist and a long-time bitcoinist. He specializes in writing articles on the blockchain. His articles have been published in multiple bitcoin publications including Bitcoinlightning.com

Security Tokens

Vertalo Receives TA License Approval

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SEC Approves Vertalo TA License

This month, the tokenization sector just got a bit more competitive as Vertalo announced the firm received its TA (transfer agent) license from the SEC. The important accomplishment places Vertalo in an exclusive class of SEC approved platforms currently in operation. Now the platform is ready to expand its functionality and expand its reach into the tokenization sector.

Vertalo

The Vertalo tokenization platform functions as an all-inclusive security token ecosystem. The platform connects issuers and investors directly to secondary trading markets. This strategy provides much-needed liquidity to the market. Uniquely, Vertalo is the only digital asset platform to offer its services to analog clients directly. Consequently, the platform could push security adoption further.

Vertalo’s streamlined design is meant to improve on the UX. The firm’s advantageous strategy tackles many of the most common barriers to adoption. For example, users don’t need any prior crypto experience to utilize the platform. Through advanced automation, users can skip over wallet setups. In fact, you don’t need any understanding of cryptocurrencies at all to use this platform successfully.

Tokenize it All

Vertalo allows anyone to take advantage of the benefits blockchain technology provides. Companies can tokenize their existing shares in real-time and without any technical know-how. Interestingly, the platform utilizes two of the most popular blockchains in the world to accomplish these tasks.

Vertalo CEO Dave Hendricks

Vertalo CEO Dave Hendricks

Ethereum or Tezos

Another unique feature of the Vertalo ecosystem is the fact that issuers can choose what blockchain to tokenize on. The platform utilizes both Ethereum and Tezos for these tasks. In fact, you can even convert your STO between chains with ease.

Vertalo – Experience Matters

When it comes to matters of compliance, you would be hard-pressed to find a co-founder with more experience than former SEC Attorney, Gautam Gujral. In the past, Gujral authored the SEC’s definitive paper released earlier this year. Consequently, Vertalo is fully compliant including the most recent joint statement released by the SEC and FINRA on July 8, 2019

High Standards – Vertalo

Speaking on the importance of his firm receiving its TA license, Co-Founder Dave Hendricks stated “The Transfer Agent plays a critical role in the lifecycle management of securities.  While regulators continue to come to terms with the rise of digital assets, they have not lowered their standards and expect digital asset platforms and their partners to hew closely to long-established norms. ”

Full Compliance – Vertalo

Hendricks explained “Vertalo enables its clients and partners to maintain full compliance with existing securities regulations, even while using newer instruments such as security tokens.  As we onboard more analog and legacy assets onto the Vertalo platform, our transfer agent capabilities will be able to address any compliance and securities handling requirements they may have.”

Vertalo’s Data Management Platform – TREATS

Another noteworthy project in the company’s pipeline has to do with the tokenization of private REITs (real estate investment trusts). Tokenized REITS provide more liquidity to the market. Additionally, these financial instruments are now usable as collateral. Comparingly, the traditional business systems employed in the REIT markets are paper-based offerings.

In order to make this monumental task a reality, Vertalo partnered with Prime Trust to build the TREATs platform. The goal of the strategic partnership is to combine Vertalo’s compliant digital asset management platform with Prime Trust’s market-leading custodial services.

In this manner, TREATs could play a major role in the market moving forward. Currently, the firm has billions of dollars of real estate under management. Importantly, the company announced that it is already working with dozens of REITs currently.

A Better Tokenization Experience

The developers behind the Vertalo platform have the experience and network to make their strategy work. You should expect to see major moves come from this camp over the coming months as the company’s strategies unfold. For now, the tokenization sector just got a new player worth watching.

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Security Tokens

Max Crowdfund STO Promises to Fuel Tokenization Revolution

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Max Crowdfund STO Starts

This week, European investors got their first opportunity to participate in the Max Crowdfund STO. The Max Crowdfund platform seeks to revolutionize the EU real estate sector via an aggressive tokenization strategy. Interestingly, the STO will take place across five phases with the first release already surpassing its soft cap of €500,000.

Max Crowdfund

Max Crowdfund is the tokenization and crowdfunding arm of Max Property Group B.V. (MPG). The platform utilizes blockchain technology to streamline real estate investments in a major way. The platform currently boasts over 75,000 global users. Additionally, Max Crowdfund provides the EU market with much-needed liquidity.

Developers seek to expand upon the platform’ s success. As such, funds raised from the STO will go towards the final development stages of the project. Once the platform is completed, it will become a complete real estate security token ecosystem. This ecosystem will include both native Android and iOS apps.

Also, third-parties will be able to tokenize and crowdfund their own properties via the platform. This means that other real estate firms can enjoy the same benefits without the need to invest directly in blockchain technology. Notably, this strategy has the potential to revolutionize development projects. Basically, any developer can now get pre-funded for their projects if investors feel the ROI is good.

A Global Audience

Max Crowdfund will remove many of the typical barriers surrounding real estate investment. For example, investors can participate in property sales for as little as $100. Aside from making real estate investing a reality for anyone, the platform seeks to provide these opportunities to a global audience.

Snippit from Max Crowdfund Whitepaper

Snippet from Max Crowdfund Whitepaper

Currently, Max Crowdfund awaits pending regulatory approval from the Dutch financial authorities (AFM). The company filed for approval back in October 2019 but the AFM has yet to make a decision. Typically, an AFM license approval takes around thirteen weeks to complete.

Max Functionality

Max Crowdfund is already a major player in the tokenization sector. The platform is best known for its unique combination of features. Features such as automated KYC/AML reduce the amount of time it takes an investor to enter the market. Also, the platform offers multi-currency investment options. This feature is set for major expansion as the platform prepares for its global launch in the coming months.

Max Property Group B.V.

The Max Property Group B.V. entered the EU real estate sector in 2016. The company quickly gained notoriety for its advantageous market strategy. Currently, Max Property Group B.V. controls over €7,000,000 of property assets. The firm specializes in property funds, management services, and sales.  Importantly, Max Property Group B.V. started development on the Max Crowdfund platform in 2017.

EU Tokenization

It’s no surprise to see Max Crowdfund’s expansion. The EU leads the globe in terms of security token regulatory framework. Many analysts see security tokens as the natural evolution of the crypto sector. A solid regulatory framework does more than just protect investors. It allows firms to invest in R&D without concern about the legal ramifications. In turn, you get more investment capital flowing into innovation.

Max Crowdfund STO

The Max Crowdfund STO is underway currently. Given the reputation and success of the platform to date, you can expect to see further investment into its capabilities as the EU tokenization sector continues to heat up.

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Issuers

GreyP Scores with NeuFund STO – Black One Entertainment On Deck

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GreyP Scores with NeuFund STO - Black One Entertainment On Deck

Mission Successful

On a positive note, issuance platform, NeuFund, has announced the successful completion of a marquee STO being held by GreyP on their platform.

While never intended to be a financially large scale STO, the event was important, as it demonstrated the effectiveness and potential for digital securities to change the way smaller, private companies raise capital.

Just prior to the launch of the STO, we detailed the events which made it possible. In the following article you can learn more about the clearance given to NeuFund by the FMA, and what it means for the platform, moving forward.

NeuFund Preps for GREYP Token Sale upon FMA Clearance

Due, in large part, to their successes, NeuFund continues to see strong growth in their client base. The company indicates that their platform investor pool now totals great than 11 thousand individuals. This growth should result in a snowball effect, as issuers are attracted to the platform due to the scope of investors. More STOs will then draw in more investors – and the cycle continues.

Details of the Raise

With regards to the GreyP STO, there were various positive figures that came out of the events. The following are a few of the details surrounding participation:

  • 1017 participating investors
    • Hailing from 34 different countries
  • €4million raised
    • Represents 179% of the target cap

https://youtu.be/LhK9fSvyNm0

Commentary

This early in the developmental stage of the digital securities sector, any successful STO is an important feat. With every positive and negative experience, industry participants can adapt and grow. Recognizing the importance of the GreyP STO, Zoe Adamovicz took the time to comment by stating,

“It’s an exciting day for Neufund and huge step forward for the security tokens industry at large. We have proven that private companies can effectively utilize blockchain IPOs, whilst lowering the barrier to entry for retail investors. Neufund is the future of stock exchanges.”

Speaking with Zoe

Earlier this year, we were able to complete an exclusive interview with the CEO of Neufund – Zoe Adamovicz. In this discussion, we learn more about NeuFund, themselves, as well as the views of Adamovicz herself.

“Blockchain is one of the greatest opportunities we’ve been presented with in modern history. Decentralization is ultimately about equalizing opportunities, so a young entrepreneur from the third world receives the same access as a wealthy investor. Building solutions that perpetuate the mistakes of existing markets solely for the purpose of increasing revenues is not enough. We, as a Blockchain community, can and should do better.”

Interview Series – Zoe Adamovicz, CEO of NeuFund

GreyP

Operating out of Croatia, GreyP is a tech company, which was founded in 2013. Above all, the team behind GreyP is working to redefine ‘smart mobility’. This technology has led the company to utilize e-bikes as a development platform.

CEO, Mate Rimac, currently oversees company operations.

NeuFund

Maintaining headquarters in Berlin, Germany, NeuFund is a popular digital securities issuance platform, which was founded in 2016.

CEO, Zoe Adamovicz, currently oversees company operations.

In Other News

NeuFund has also announced their follow-up to the successful GreyP event. This will see Black One Entertainment look to repeat this success in early 2020. While a firm date has not been announced for this STO, more information can be found in the company’s pitch deck, HERE.

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