Connect with us

Digital Securities

US Global Securities to Act as ‘Lead Financial Advisor’ for $50M Raise by Custodial Platform, Koine.

mm

Updated

 on

US Global Securities to Act as 'Lead Financial Advisor' for $50M Raise by Custodial Platform, Koine.

$50M Raise

Recognizing the need, and potential, for services surrounding custody of digital assets, Koine has recently announced their intention to host a $50 million equity raise.

The goal of this move is to facilitate, not only global growth, but the expansion of services offered through their platform.

In an effort to ensure their success, Koine has turned to US Capital Global Securities, placing the company on retainer as a ‘lead financial advisor’.

Past Experience

In the past, we have reported on US Capital Global Securities performing similar roles with other companies involved in the digital securities sector.  One example of this, was their role as a placement agent in the CityBlock DSO.

US Capital Global Securities to Act as Placement Agent in CityBlock DSO

Services Offered

While their suite of services offered will surely grow in time, Koine notes the following current capabilities:

  • Custody of Digital Assets
  • Real-time Settlement
  • FIAT storage and payment gateways
  • Online Access & API Connectivity

Commentary

Upon announcing their partnership, representatives from each, US Capital Global and Koine, took the time to comment.  The following is what each had to say on the matter.

Hugh Hughes, CEO of Koine, stated,

“Market reaction to Koine’s scalable, institutional-class solution for custody and settlement has been immensely favorable. As we enter 2020, we are focused on driving and supporting international participation in the digital assets marketplace with our applications for regulatory licenses in other trusted jurisdictions, in line with our aim to become the most highly-regulated solution for custody and settlement of digital assets globally…US Capital Global’s proven experience and valuable insight into capital formation, especially in the FinTech arena, will be tremendously beneficial to us at this crucial time in Koine’s development.”

Charles Towle, CEO of US Capital Global Securities, stated,

“It’s an honor to serve Koine as its placement agent and lead financial advisor for this upcoming investment opportunity as we engage selected dealers to expand the distribution of this offering. Koine is driven by an expansive, forward-thinking vision of the digital assets market that we at US Capital Global find very exciting.”

US Capital Global

In operation since 1998, US Capital Global is a well-known financial group, which is headquartered in San Francisco.  One of the company’s affiliates is US Capital Global Securities – a broker/dealer licensed under FINRA.

CEO, Charles Towle, currently oversees operations of US Capital Global Securities.

Koine

Founded in 2017, Koine maintains headquarters in London, England.  Above all, the company is working on the continued development of their suite of services, meant to solve custody and compliance issues within digital securities.

CEO, Hugh Hughes, currently oversees company operations.

Custody Solutions

As recently as yesterday, we were reporting on developments pertaining to custody solutions in the sector.  With rising institutional interest in digital securities, and blockchain as a whole, these custody based solutions are imperative for ensuring a bright future.

Hex Trust Custody Platform made Possible through IBM

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.

ESMA: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Investment advice disclaimer: The information contained on this website is provided for educational purposes, and does not constitute investment advice.

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.

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.