This week, Smartlands, an institutional-grade tokenization platform announced the hiring of London Strategic Consulting. The firm seeks to utilize London Strategic Consulting’s market analysis to better position the company for the mainstream adoption of security tokens. The news demonstrates an increased pace of adoption for these regulatory compliant tokens within the UK market.
London Strategic Consulting (LSC)
London Strategic Consulting (LSC) is a non-profit consulting firm. Importantly, the organization is student-run. The choice to work with the LSC comes as part of London’s corporate social responsibility program expands. The LSC provides tracking and forecasting services to companies seeking deeper insight into their industries. As such, the LSC determined that tokenized securities are to be the next major trend in the blockchain sector.
Smartlands cooperated with the LSC to assess the digital securities space in the UK. The group is to provide Smartlands with a fresh perspective on how, and how soon, security tokens are to disrupt the UK financial sector. In turn, Smartlands will utilize this data to best determine its role in the digitization of the UK economy.
Security token adoption in the UK has been on the rise. The use of blockchain technology provides investors with more efficiencies, scalability, and transparency in the space. Most importantly, tokenization provides much-needed liquidity to the market.
Smartlands – Progress in Motion
Speaking on the partnership, Yaroslava Tkalich, Smartlands CMO called the work of the student body “marvelous.” She explained that it was necessary to focus the study on the UK markets first. This strategy allows Smartlands to tailor their plans to fit the nuances of the UK market directly. Tkalich also stated that after the UK, the firm would begin to expand its research to include global trends in the space. Specifically, Smartlands is interested in collective investment funds and other structured products currently under development.
For its part, the LSC is to identify any issues of mass adoption. These concerns are to focus on both issuers and investors in the blockchain sector. The LSC is to report any innovative new financing and capital raising models discovered and their impact on the current market trends. This data will help to build a bridge between legacy finance and the new digital economy.
The LSC report should provide Smartlands with the critical data needed to lay out a comprehensive approach towards the UK market moving forward. The firm intends to focus its development efforts on these key aspects. To date, the LSC pointed out that distribution, structuring, issuance, primary listing, secondary trading, custody, portfolio management, advisory, and market-making are the key areas requiring additional attention in the UK blockchain sector.
There is no doubt that Smartlands took the proper approach towards discovering the latest asset tokenization trends. In this manner, the firm can develop new marketing practices and business models to further its overall goal to be the dominant tokenization platform in the UK. Importantly, these plans fall in line with the company’s international expansion strategy. For now, Smartlands appears to be ready to make some major adjustments in an effort to remain the industry leader.