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TradeCloud STO Goes Live July 1st

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TradeCloud STO Goes Live July 1st

The blockchain-powered tokenized commodities platform, TradeCloud announced plans to host an STO in the coming weeks. The company seeks to raise $42 million in two separate crowdfunding rounds. If successful, the funds will go towards further development of the firm’s all-inclusive tokenized commodities platform.

The developers behind the project want to simplify the commodities market through the use of a blockchain system. The firm combines all aspects of commodities trading into an easy to access web platform. In this way, TradeCloud can reduce costs and improve trade efficiency over the status quo.

Experience Counts

TradeCloud isn’t new to the tokenized commodities sector by any means. The firm currently serves the metal commodities industry exclusively. The platform has seen great success to date, TradeCloud handled over a $1 billion USD in metal commodities trading since 2017.

TradeCloud via Homepage

TradeCloud via Homepage

Now, company executives want to expand the platform into both the energy and agricultural sectors. This move would propel the platform to new heights. Analysts peg both of these sectors to have huge growth potential. Together, these sectors equal over $8 trillion in trades yearly.

Full Compliance

TradeCloud combines the full commodities trade cycle into its online portal. The platform combines KYC and compliance with consumers, traders, and producers. The firm creates an all-inclusive digitized commodities ecosystem.

Here, traders and businesses can meet in a secure manner and conduct trades 24 hours a day. Importantly, the platform maintains regional regulatory compliance across the lifecycle of the tokenized commodities.

Discussing the platform’s strategy, TradeCloud CEO, Simon Collins described TradeCloud’s approach as “unparalleled.” He went on to describe how the platform facilitates efficient price discovery and optimal allocation of scarce resources. He finalized his interview explaining the importance of digitalizing the full trade cycle of commodities.

TradeCloud STO Details

TradeCloud’s STO is slated for a July 1, 2019 start. Importantly, round one will offer investors a chance to purchase 25 million tokens. The company seeks to secure $20 million in stage one of its STO. In the same interview, the company’s COO, Mathew Botell, explained that token holders receive profit shares from the company for their participation in the event.

TC Tokens

Participating investors will receive their tokenized shares in the form of TC Tokens. These tokens are to be audited and issued through a Swiss subsidiary. Additionally, these tokens will be convertible into internal payment units via smart contracts.

TradeCloud

TradeCloud entered the market in 2016 with the goal of simplifying the complex commodities trading procedures currently in use. The company is based out of Switzerland. As a Swiss-based firm, the company enjoys a blockchain-friendly government and regulations.

Notably, the firm is also funded by its Founders. Today, Tradecloud boasts over 240 enterprise clients. Additionally, the platform has over 500 users in 35 countries.

TradeCloud is Going to Make it Rain

TradeCloud continues to position for the digitized economy. Now, investors have the ability to utilize blockchain technology to simplify the commodities trading experience. You can expect to see TradeCloud become a major player in the market as the platform continues to expand.

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David Hamilton is a full-time journalist and a long-time bitcoinist. He specializes in writing articles on the blockchain. His articles have been published in multiple bitcoin publications including Bitcoinlightning.com

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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