Le Lézard
Classified in: Science and technology, Business
Subject: TNM

TokenSoft Acquires Interest in Broker-Dealer


SAN FRANCISCO, Dec. 13, 2018 /PRNewswire/ -- TokenSoft, Inc., the leading technology and security platform for companies seeking to use digital assets as a growth strategy, today announced its investment in a broker-dealer registered with the Securities and Exchange Commission (SEC), now renamed as TokenSoft Global Markets, LLC.  In addition to its investment, TokenSoft has the ability to acquire 100% of TokenSoft Global Markets, subject to regulatory approval.

Stable. Secure. Compliant. Launch your tokenized offerings with confidence. (PRNewsfoto/TokenSoft)

TokenSoft Global Markets will expand the range of services available to TokenSoft clients, including referrals to exchanges or brokers, custody solutions, or private placements services. The investment positions us to provide clients with true end-to-end support for the launch and management of their digital assets, driven by the same passion for security and compliance that is core to TokenSoft.

"As a result of rapidly growing interest in the security token market, we have been inundated with requests for broker-dealer support services that we historically have not been able to provide," said Mason Borda, CEO of TokenSoft. "We heard our clients, and now we're answering. With this investment, we are building a one-stop-shop for digital asset issuance and management ? enabling us to expand our security and compliance support to every stage of a digital asset's lifecycle." 

TokenSoft's platform will offer issuers the ability to opt between hosting a token sale themselves, or working with a broker dealer like TokenSoft Global Markets to manage a token sale on their behalf. Issuers who prefer to manage the token sale process themselves will be able to do so using TokenSoft's easily customizable compliance platform and self-custody solution, the Knox Wallet. Clients who prefer to tap the expertise of a broker-dealer will be able to turn to TokenSoft Global Markets for guidance and hands-on support at every step of the sale process, enjoying a hassle-free experience and unrivaled peace of mind.  

"The new services offered by TokenSoft Global Markets will be fully integrated into our high touch customer experience," said Lawson Baker, Head of Project Zero at TokenSoft. "We are committed to providing our clients with everything they need to participate in the future of security tokens, and TokenSoft Global Markets is a reflection of that commitment."

To learn more about TokenSoft's broker-dealer investment and how it is a natural next step in the company's evolution, read "The Story of TokenSoft, and why a broker-dealer is part of our future."

About TokenSoft
TokenSoft, Inc. offers a suite of technology and security products that enables companies to use digital assets as a growth strategy. From startups and funds to enterprises and investment banks, TokenSoft's white label platform provides a suite of technology and security products for the entire lifecycle of the sale, issuance, and management of security tokens and other digital assets.

 

SOURCE TokenSoft


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