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Horizon Globex Eyes Growth through Series A

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Horizon Globex Eyes Growth through Series A

Series A

One of the leaders within the digital securities sector – Horizon Globex – has just announced the launch of their Series A raise.

This move represents the first time that ownership in Horizon Globex has been made available to outside investors. It marks an important juncture for Horizon Globex, as they look to ramp up their operations through various means.

By taking this step, it validates the hard work that the company has put in over the past few years. No longer are they simply an idea with great potential. They are now a company with various strategic partnerships, working products, and growing levels of adoption (primarily through technology licensure).

Details of the Raise

Over the course of this raise, the company hopes to generate up to $5 million in investments. The event will be structured in accordance with Reg D (rule 506).

Horizon Globex notes the following areas as those which will benefit from the funds generated:

The Game Plan

Looking forward, Horizon Globex indicates that their intention is to generate future revenue streams through the licensure of their tech solutions. The funds generated in their Series A are noted to be used to further develop these solutions. The following are a few examples of the solutions they offer:

  • AMLcop
  • KYCware
  • Tokenetics
  • Open Order Book
  • CustodyWare

Earn Expands on App Functionality with Globex Service Integration

Commentary

Horizon Globex CEO, Brian Collins took the time to elaborate on their Series A, and what it is they are trying to do. He stated,

“We’re gearing up to help power a globally connected network of regulated blockchain-trading venues which we believe have the potential to drive the next generation of secondary market liquidity…We are thrilled to give investors the opportunity to own a stake in our fintech business as well as in any future growth in our software licensing business…Capital markets are evolving right now, and we believe that Horizon is at the forefront of this evolution with our proprietary end-to-end suite of blockchain solutions and services that deliver a harmonized rule-book for transparent secondary trading of securities using a blockchain.”

Speaking with Brian

We were fortunate to have completed an exclusive interview earlier this year with Horizon Globex CEO, Brian Collins. In this discussion we learned more about various solutions developed by the company.

Interview Series – Brian Collins, CEO of Globex

Horizon Globex

Founded in 2010, Horizon Globex is a ‘software-as-a-solution (SaaS) provider, which operates out of Zug, Switzerland. In the time since their launch, the company has managed to develop a diverse stack of blockchain based solutions, meant to serve the nascent digital securities sector.

CEO, Brian Collins, currently oversees company operations.

Horizon Globex – An In Depth Look at an Industry Leader

In Other News

Going back to the Horizon Globex game plan of licensing their solutions – they already have a track record of successful pulling this off. In recent months, we reported on, both, the development of their exchange software and its subsequent licensure to the Antiguan Government. Check out the following articles to learn more.

MOU Signed by Globex, Julius Capital Bank, and Antiguan Government

Globex Launches Digital Securities Exchange Software

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Joshua Stoner is a multi-faceted working professional. He has a great interest in the revolutionary 'blockchain' technology. In addition to this, he is a licenced Paramedic in Nova Scotia, Canada. As such, he can provide emergency care/medicine to any situation necessitating it.

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iSTOX Builds Upon Recent Successes with a Further $5M in Funding

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Additional Funding

Capital markets platform, iSTOX, has recently announced the successful attainment of $5 million worth of funding.

This particular sum of capital was generated through a new partnership and investment, with Hanwha Asset Management.

Series A

This announcement of further funding comes meres months after the successful completion of the company’s Series A; An event which saw iSTOX draw the attention of various backers which believe in the future of the platform.

Between these two successive instances of funding, iSTOX should be well positioned to continue the development and adoption of their vision; A vision surrounding the potential of digital securities, and their ability to transform capital markets.

iSTOX Exchange Completes Series A Funding

Backers

To date, iSTOX has managed to attract attention from various high profile companies.  The following are a few of these known to have played a role in recent capital generation events surrounding iSTOX.

  • Kiatnakin Phatra Financial Group
  • Heliconia Capital Management
  • Singapore Exchange (SGX)
  • Tokai Tokyo Financial Holdings

This grouping of companies is an impressive one, as they represent some of the most influential and progressive ones found in Asian nations.

Commentary

With regards to the freshly procured $5 million, iSTOX CEO, Danny Toe, took the time to comment.  He stated,

“As iSTOX continues to grow, our relationships with partners like Hanwha are allowing us to build a powerful foundation to develop iSTOX into a pioneering service that addresses the evolving needs of 21st century investors…These partnerships will take on an even greater importance in early 2020, when iSTOX transitions into full operational status.”

iSTOX

Founded in 2017, iSTOX not only maintains headquarters, but is regulated within, the nation of Singapore.

CEO, Danny Toe, currently oversees company operations.

Hanwha Asset Management

Founded in 2011, Hanwha Asset Management maintains headquarters in Seoul, South Korea.  Since their launch, Hanwha has managed to establish a diverse set of financial offerings, bringing them alongside leaders in the sector.

CEO, Yong Hyun Kim, currently oversees company operations.

In Other News

A successful Series A is an important first step for any company.  Not only does this allow for the continued development of a company’s product/service, it indicates that others believe in their vision, as well – at least enough to invest their hard earned money.

Securrency Pulls in $17.75M during Successful Series A

The Future is Bright for Bison Trails as Series A Nets $25.5M

Upvest Secures €7 Million Series A

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US Global Securities to Act as ‘Lead Financial Advisor’ for $50M Raise by Custodial Platform, Koine.

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$50M Raise

Recognizing the need, and potential, for services surrounding custody of digital assets, Koine has recently announced their intention to host a $50 million equity raise.

The goal of this move is to facilitate, not only global growth, but the expansion of services offered through their platform.

In an effort to ensure their success, Koine has turned to US Capital Global Securities, placing the company on retainer as a ‘lead financial advisor’.

Past Experience

In the past, we have reported on US Capital Global Securities performing similar roles with other companies involved in the digital securities sector.  One example of this, was their role as a placement agent in the CityBlock DSO.

US Capital Global Securities to Act as Placement Agent in CityBlock DSO

Services Offered

While their suite of services offered will surely grow in time, Koine notes the following current capabilities:

  • Custody of Digital Assets
  • Real-time Settlement
  • FIAT storage and payment gateways
  • Online Access & API Connectivity

Commentary

Upon announcing their partnership, representatives from each, US Capital Global and Koine, took the time to comment.  The following is what each had to say on the matter.

Hugh Hughes, CEO of Koine, stated,

“Market reaction to Koine’s scalable, institutional-class solution for custody and settlement has been immensely favorable. As we enter 2020, we are focused on driving and supporting international participation in the digital assets marketplace with our applications for regulatory licenses in other trusted jurisdictions, in line with our aim to become the most highly-regulated solution for custody and settlement of digital assets globally…US Capital Global’s proven experience and valuable insight into capital formation, especially in the FinTech arena, will be tremendously beneficial to us at this crucial time in Koine’s development.”

Charles Towle, CEO of US Capital Global Securities, stated,

“It’s an honor to serve Koine as its placement agent and lead financial advisor for this upcoming investment opportunity as we engage selected dealers to expand the distribution of this offering. Koine is driven by an expansive, forward-thinking vision of the digital assets market that we at US Capital Global find very exciting.”

US Capital Global

In operation since 1998, US Capital Global is a well-known financial group, which is headquartered in San Francisco.  One of the company’s affiliates is US Capital Global Securities – a broker/dealer licensed under FINRA.

CEO, Charles Towle, currently oversees operations of US Capital Global Securities.

Koine

Founded in 2017, Koine maintains headquarters in London, England.  Above all, the company is working on the continued development of their suite of services, meant to solve custody and compliance issues within digital securities.

CEO, Hugh Hughes, currently oversees company operations.

Custody Solutions

As recently as yesterday, we were reporting on developments pertaining to custody solutions in the sector.  With rising institutional interest in digital securities, and blockchain as a whole, these custody based solutions are imperative for ensuring a bright future.

Hex Trust Custody Platform made Possible through IBM

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Hex Trust Custody Platform made Possible through IBM

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Hex Trust Custody Platform made Possible through IBM

Addressing a Common Goal

With rising institutional interest in the world of blockchain, products and services built with security in mind are paramount to ensure continued adoption.  With this in mind, IBM, and Hex Trust have recently announced a partnership.

This partnership, which is the product of an MOU signed between the pair in mid-2019, sees Hex Trust building a custody solution for the industry.  Development on the project being made possible through the use of Hyper Protect – a LinuxONE based suite of services developed by IBM.

Platform Capabilities

The capabilities of the platform look to be quite versatile, with support for digital assets of any nature – including digital securities.

The following is a brief list of only a few capabilities to be offered by the Hex Trust custody solution.

  • Reporting and monitoring
  • Multi-Factor Authentication
  • First & Third party key management
  • Hierarchical sub-account structures

Commentary

Upon announcing their partnership, representatives from each party took the time to comment.  The following is what each had to say on the matter.

Alessio Quaglini, CEO of Hex Trust, stated,

“Through our relationship with IBM as a Business Partner Hex Trust has hit a key milestone.  Leveraging IBM’s advanced data security and protection features through IBM Hyper Protect Virtual Servers with the dynamic accessibility and scalability, Hex Trust’s proprietary platform will encourage regulated financial institutions to enter the space.”

Ross Mauri, General Manager for IBM Z, stated,

“Data privacy and protection are key concerns for enterprises and customers within the digital asset business…By taking advantage of IBM Hyper Protect Services, Hex Trust can gain the benefits provided by the security and privacy solutions underpinned by IBM LinuxONE, to establish a highly secured platform for their institutional custody solution.”

Custody

With digital securities, and similar markets, expected to grow greatly in the coming years, there need to be solutions put into place that safeguard assets.  While many retail investors remain quite lax, with regards to the security of their digital assets, institutional players will not fall into this trap.  Only once there are sufficient safeguards in place, will they truly enter the market.

Development of such services has begun popping up throughout 2019, and look to continue that trend in 2020.  Whether it’s Gemini providing custody services to BlockFi, or Coinbase Custody supporting digital securities such as ‘BCAP’, there is evident growth.

IBM

Operating out of New York, IBM has remained one of the world’s most well-known tech companies for decades.  While the company has had various specialities throughout the years, they currently have an emphasis on cloud and cognitive based solutions.

CEO, Virginia Rometty, currently oversees company operations.

Hex Trust

Founded in 2017, Hex Trust maintains headquarters in Hong Kong.  Above all, the company specializes in offering blockchain based custody solutions.

CEO, Alessio Quaglini, currently oversees company operations.

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