FMA Clearance in Liechtenstein
In a decision that was long awaited, Neufund has been given more than just the clearance to host an upcoming GREYP token sale. The tokenization platform was given the greenlight to host all such offerings, moving forward. This clearance came on behalf of the Financial Market Authority (FMA) in Liechtenstein, as they informed Neufund that the company does not fall under their purview.
This decision will have huge ramifications for Neufund, as they immediately become one of the few, if not the only, entity that is able to offer such flexibility. This will primarily be seen through their ability to open token sales to a broader range of investors, as minimum purchases can be as low as €10.
Neufund indicates that with the clearance afforded by the FMA, they have various token events in the pipeline, spanning various countries. They specifically note India, Croatia, Germany, and Belgium as a few of these.
Go for Launch
GREYP is a smart-mobility company, which strives to develop not only next-gen hardware, but to develop the infrastructure surrounding a ride sharing e-bike platform, enabled through IoT.
With regards to GREYP, in particular, the sale will see Neufund sell and issue digital securities on behalf of the former, which imbue various rights upon their holders. This includes, not only equity within GREYP, but, both, voting rights and dividend rights.
For the finer details on what the tokens entail, check out the Neufund listing page HERE.
Upon announcing this development, representatives from, each, the government and Neufund, took the time to comment.
Adrian Hasler, Prime Minister of Liechtenstein, stated,
“I am pleased that Neufund has decided on Liechtenstein. This shows that Liechtenstein, with its open attitude towards new technologies, is perceived as an attractive location for innovative business models.”
Zoe Adamovicz, CEO of Neufund, stated,
“Today, Neufund delivers on its promise to democratize access to funding for entrepreneurs globally and enable anyone to access most innovative investment opportunities with ease, in a compliant and secure environment. It’s a big day – not just for Neufund, but business and finance communities at large.”
Speaking with Zoe
Earlier this year, we were fortunate to have completed an exclusive interview with Neufund CEO, Zoe Adamovicz. In this discussion we touch on what separates Neufund from the pack, and the benefits of STO-like events.
Neufund was founded in 2016, and maintains headquarters in Berlin, Germany. Above all, the company works to provide a range of services which facilitate tokenization. Neufund was one of the first companies to successfully complete their very own STO in 2019.
CEO, Zoe Adamovicz, currently oversees company operations.
Based in Croatia, GREYP is a tech company, which is working to usher in the next generation of ‘smart mobility’. While young, GREYP, has the backing of companies such as T-Mobile, Porsche, and others. They also have experience to draw upon, as they are a subsidiary of Rimac Automobiles – manufacturers of high-end electric sports cars.
CEO, Mate Rimac, currently oversees company operations.