Connect with us

Digital Securities

Krypital Group Aligns with PrimeTrust to Tackle Security Tokens

mm

Updated

 on

Krypital Group Aligns with PrimeTrust to Tackle Security Tokens

Announcement

Earlier today, Krypital Group announced a new strategic partnership with Prime Trust. This partnership will see each company utilize services offered by the other. For instance, here is a brief look at what each company brings to the table:

Krypital Group
  • Token Creation
  • Issuance
  • Advisory Roles
Prime Trust
  • Custody Solutions for both Digital Assets along with Fiat
  • Compliance Services
  • Fund Processing

This partnership marks yet another that has the potential to play a large role in the future. It is the bridges being built today, that will provide the support needed to usher in the future that digital securities have the potential to provide.

Commentary

The CEO of each, Krypital Group and PrimeTrust, spoke on this strategic partnership. Here is what they had to say in their press release.

Maggie Wu, CEO of Krypital Group, stated,

“We are very pleased to align ourselves with Prime Trust…Since their inception, Prime Trust has taken a strategic ‘technology-first’ approach to providing solutions to the financial services industry. Through this they have gained crucial experience in integrating technology into a traditional industry, something extremely important as we continue our march toward meaningful global adoption of blockchain.”

Scott Purcell, CEO of Prime Trust, stated,

“Krypital has helped pave the way for organizations to adopt blockchain technology by reducing barriers into the STO ecosystem…Our vision is to make doing business easier in the new digital economy, and our collaboration will continue to reduce market friction worldwide.

Krypital Group

Krypital Group is managing to make noise in the digital securities sector. This growth is being seen under the watch of CEO, Maggie Wu.

Above all, the company specializes in providing blockchain-based companies with services geared towards the advancement of STOs.

Krypital Group operates out of Grand Cayman, Cayman Islands – A diminutive island in the North Caribbean Sea.

Prime Trust

Prime Trust is based out of Las Vegas, Nevada. From here, the company is led by CEO, Scott Purcell. Under the guidance of Scott Purcell, Prime Trust has developed into a well-respected company, offering its clients a bevy of services.

Due to their ability to provide custodial services for both fiat and digital assets, this is not the first time that blockchain-based companies have turned to Prime Trust. In 2018, Prime Trust announced a partnership with Polymath, which would see them provide custodial services for ST-20 tokens.

In Other News

Each of these forward thinking companies have found themselves in our news feeds in recent months. It is not surprising to see that they have caught our attention, yet again.

For a further look into some of their recent moves, check out these articles!

Issuance partners with Prime Trust

Krypital Group aligns with OpenFinance Network

Spread the love

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.

Advertiser Disclosure: Securities.io is committed to rigorous editorial standards to provide our readers with accurate reviews and ratings. We may receive compensation when you click on links to products we reviewed.

Trading Risk Disclaimer: There is a very high degree of risk involved in trading securities. Trading in any type of financial product including forex, CFDs, stocks, and cryptocurrencies involves a high level of risk.

This risk is  higher with Cryptocurrencies due to markets being decentralized and non-regulated. You should be aware that you may lose a significant portion of your portfolio.

Securities.io is not a registered broker, analyst, or investment advisor.