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Mt. Pelerin Release STO Launching Service Amidst Path to Full Banking

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Mt. Pelerin Release STO Launching Service Amidst Path to Full Banking

Product Launch

Mt. Pelerin has recently announced the arrival of their STO launching platform. This platform is comprised of a suite of services built to assist SMEs host a token generation event.

Mt. Pelerin has recognized the growth being experienced with regards to security tokens, and sought out to help fill a need in the growing industry. By making this move, and assisting SMEs, these companies will now have easier access to capital, while investors should experience high levels of liquidity on their holdings.

This move marks one of the first steps towards their larger goal of becoming a registered bank within Switzerland.

Broad Offering

Mt. Pelerin has made it clear that they intend on offering a suite of services, allowing for them to act as a ‘one-stop-shop’ for their clients. The following are only a few of the services to be offered by them.

  • KYC/AML investor onboarding
  • Configurable compliance measures
  • FIAT gateways
  • Customization of security tokens

Practice what you preach

In an obvious display of belief in the technology, Mt. Pelerin underwent their own STO in 2018. This event saw the company issue digital securities representing 5% equity within the company. This global event saw Mt. Pelerin draw interest from scores of investors, bringing in over $2 million.

SMEs interested in utilizing the Mt. Pelerin platform can look to this STO to get an idea of what such an event can offer them.

Competitors

While there are various companies offering comprehensive STO platforms, there are very few planning to become a bank for blockchain. While companies has strived for this in the past, most have pivoted down other avenues. For example, Estonian based, Polybius, now finds new success in their digital wallet platform – a departure from their original goal of developing a blockchain bank.

Some competing STO platforms are as follows:

Commentary

In making their announcement, company CEO, Arnaud Salomon took the time to expand on the development. The following is he had to say on the matter:

“In addition to the technical aspects of security tokenization, we are able to conduct KYC/AML on behalf of our clients and offer fiat escrow accounts…A unique level of service in the blockchain space that companies would normally need to get from several expensive specialists, while we provide first-class expertise and due diligence in a single place…Our purpose is to service startups and SMEs with a comprehensive and professional tokenization technology easily and at a low cost.”

He continued,

“Our framework allows for the flexibility and scalability required to provide total compliance for multiple jurisdictions and maintain it over the entire lifetime of a token as laws evolve.”

Mt. Pelerin

Operating out of Geneva, Switzerland, Mt. Pelerin is a blockchain company which was launched in 2018. The company is actively working towards their goal of becoming the first regulated blockchain bank in Switzerland.

Company operations are overseen by Founder and CEO, Arnaud Salomon.

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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.

Security Tokens

Blue Ocean Management Partners Invests in Blue Ocean Technologies

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Blue Ocean Technologies

This week, Blue Ocean Management Partners, LLC announced an investment in New York-based Blue Ocean Technologies, LLC. The firm intends to utilize its experience to provide much-needed senior management to Blue Ocean Technologies. The news showcases growing interests in the Blue Ocean platform.

Blue Ocean Technologies

Blue Ocean Tech seeks to expand the development of the after-hours markets for U.S.-listed securities, including ETFs and related securities. The new platform will provide U.S.-based traders the ability to track off-hours market movement and react accordingly. Importantly, investors will now be able to better manage risks.

Additionally, the platform provides opportunities for foreign investors to have after-hours access to the U.S. capital markets. Providing 24-hour access to the securities markets is important for a myriad of reasons. For one, it provides users with more investment opportunities. This data and technical services are critical for the functionality of numerous regulated trading venues.

Blue Ocean Technologies via Homepage

Blue Ocean Technologies via Homepage

Strategic Partnerships

Speaking on the developments, Blue Ocean Management CEO and President Ralph Layman described how the strategic partnership brings much-needed senior management resources to the platform. In turn, this experienced leadership can help guide the platform through its next growth stages.

For its part, Blue Ocean Management will provide management and expertise. The firm has experience building FinTech firms from startup. As such the company seeks to expand the support for 24-hour market access for both securities and EFTs. Together, securities and EFTs are the second largest class of investments across Asia and Europe.

Major Backing Continues

Blue Ocean management isn’t alone in its quest to further develop the off-trading hour capabilities of firms. Already, the FinTech firm managed to secure support from some of the largest players in the game. One such investor is tZERO.

tZERO

Earlier in the year, Overstock.com’s blockchain subsidiary tZERO became another major backer in the Blue Ocean platform. tZERO is a market pioneer in the space and their backing showcases the true potential that Blue Ocean’s 24-hour strategy possesses.  tZERO has filed numerous blockchain patents over the last two years. The firm is at the forefront of blockchain adoption.

Discussing the investment strategy, tZERO’s CEO, Saum Noursalehi praised the new partnership. He explained how the maneuver allows tZERO to “focus on its important strategic initiatives with digital securities.” tZERO seeks to tokenize the traditional financial markets over the next 5-10 years.

Blue Ocean Moves Forward

As the more industries migrate to a blockchain-based system, it’s important that developers create the ecosystem to support the robust capabilities of these new platforms.  Both analysts and traders agree that 24-hour access to markets is one of the best ways to spur growth. This line of thought becomes more evident when you consider that this new strategy opens up the US market to international investors in a way previously unimaginable.

The Blue Ocean platform brings greater efficiency and transparency to capital markets. In this way, analysts predict the platform to be disruptive to the current systems. You can expect to hear more from this unique platform as development continues over the coming months.

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BnkToTheFuture Eyes U.S. Based STOs through BMI Capital Investment

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bmi capital

Strategic Investment

Recently, BnkToTheFuture has shed light on their future aspirations through a new investment. This move saw the Cayman Islands based company acquire a stake in United States based broker/dealer, BMI Capital.

By acquiring a stake in the company, BnkToTheFuture now gains the ability to make use of existing licensure held by BMI Capital – including their status as a registered broker/dealer.

U.S. Expansion

With the future of blockchain holding a global appeal, many industry participants have announced their intent for expansion beyond their own borders.

The following articles demonstrate a few of these decisions, as companies beyond BnkToTheFuture look to enter foreign countries.

Smartlands Sets for Expansion into U.S. with New Agreement

DigiMax Eyes European Expansion through Black Manta Partnership

Broker/Dealer

The importance of becoming a broker/dealer, by proxy or otherwise, cannot be understated. The designation allows for a company, such as BnkToTheFuture, to expand their services to include the buying and selling of securities.

For more information on the role assumed by broker/dealers, make sure to check out our terminology page.

What is a Broker/Dealer

Commentary

BnkToTheFuture CEO, Simon Dixon, recently spoke with CoinDesk regarding the future of security tokens. He stated,

“We forecast by 2020 up to 50 percent will opt for an innovative security token that improves the potential for returns for investors over traditional equity. We are aiming to build a new industry and asset class.”

Building a Foundation

Over the past few months, any have noted that the digital securities sector is slow to take off. With other capital generation events, such as ICOs, having experienced rapid growth in the past, many expected the same from digital securities.

A growing amount of companies have entered the sector from various points around the world. Each of these companies are hard at work developing the necessary infrastructure to support future growth.

It is important to recognize, however, that STOs are completed in a regulatory compliant manner, which requires participants to hold a variety of designations, such as that of a broker/dealer. Attaining these capabilities takes time.

The companies involved are not trying to run before they walk. A more strategic approach is being taken to ensure that the industry is ripe for growth when true adoption occurs.

BnkToTheFuture

Founded in 2011, BnkToTheFuture is a Cayman Islands based investment platform. The company specializes in utilizing new technologies, such as blockchain, to facilitate the offering of high potential opportunities for investors and companies alike.

BMI Capital

This United States based investment firm which was founded in 2012. With licensure attained through FINRA, BMI Capital is able to operate as a broker/dealer.

CEO, Robert H. Trapp, currently oversees company operations.

In Other News

Over the course of the last year, we have covered events pertaining to BnkToTheFuture on various occasions. The following articles share insights into a few of these events.

BnkToTheFuture Invests in Blockchain Consultancy Firm, Diacle

BnkToTheFuture to Utilize Altcoin.io for Security Token Exchange

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Legend Siam Security Token Offering Facilitated by VEWC

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Legend Siam Security Token Offering Facilitated by VEWC

Curated STO

Via East West Capital has recently opened up regarding an STO which they curated recently. This STO was a capital generation event which saw the distribution of tokenized securities associated with a cultural theme park in Thailand, known as Legend Siam.

Legend Siam Tokens

In this event, investors gained access to what the issuer calls ‘Legend Siam Tokens (LST)’. These tokens were treated as securities, and were offered through Reg. D guidelines under the SEC.

While details on the tokens, themselves, are scarce at this time, it appears as though they took shape as some type of real-estate backed token, based on the cultural theme park.

Expanding Exposure

As the digital securities sector continues to develop, participants are being drawn in from new, interesting markets. In the past year we have reported on STO opportunities surrounding, but not limited to, the following industries.

With the announcement surrounding Legend Siam, we can now add ‘Theme Park’ and Commercial Real Estate to that list.

Commentary

Via East West CEO, Oh Shen King, took the time to elaborate on STOs, stating,

“We predict a rise in the potential and demand for tokenized securities because digital ownership on the blockchain provides so many advantages over legacy investments, and tech-savvy investors are seeing the value proposition in real-time…This addition to our business is just a natural extension of our vision for a crowd-financed world, and we provide 100% transparency to all our investors.”

Via East West Capital

Operating out of Southeast Asia, Via East West Capital is an investment firm focused on ‘tokenized asset investments’.

CEO, Oh Shen King, currently oversees company operations.

Legend Siam

Legend Siam is a well-known attraction in Thailand. It operates as a popular theme park, built with the intention of promoting Thai history and culture.

In their release, it is indicated that the park now spans over 65 acres, with hundreds of shops, and various attractions. In total, the park now has an estimated worth of over $131 million.

In Other News

Thailand has made it obvious that they are vying to become a leader in the blockchain industry, including digital securities. This much was made evident in a recent decision by their government to potentially legalize security tokens. In addition to this, there have been various blockchain based companies welcomed into the MAS FinTech Sandbox.

Thai Government Moves to Legalize Security Tokens

MAS Fintech Sandbox Welcomes Capital Markets Platform ‘iSTOX’

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