Templum, a company offering regulatory compliant solutions for ICOs as securities and subsequent secondary trading has announced SBI Holdings (SBI), a leading Japanese financial services company, has made a strategic investment in the company. SBI’s backing completes a $10 million fundraising round that also includes investments by the Raptor Group, Galaxy Investment Partners, Blockchain Capital, and firstminute.capital.
The investment will fund the continuing development of the company’s Templum Markets subsidiary and its alternative trading system for U.S. compliant securities token exchange. Templum will also use the new funding to continue to create valuable investor partnerships and to attract institutional and accredited investors to use Templum’s technology to purchase and sell securities tokens.
[perfectpullquote align=”right” bordertop=”false” cite=”Chris Pallotta, Founder and Chief Executive Officer of Templum” link=”” color=”” class=”” size=””]”We are excited to have SBI’s support and expect this investment will result in an expanded relationship with this highly respected institution. SBI shares our mission to develop a secure trading platform for Tokenized Asset Offerings (TAOs), and we look forward to partnering with SBI in Japan and across Asia in the future.”[/perfectpullquote]
The SBI Group was established in 1999 as a pioneer of Internet-based financial services in Japan. Since then, the SBI Group has formed the world’s first Internet-based financial conglomerate, providing financial services in a broad range of fields including securities, banking, and insurance.
[perfectpullquote align=”full” bordertop=”false” cite=”Yoshitaka Kitao, Representative Director, President, and CEO of SBI Holdings” link=”” color=”” class=”” size=””]“We are committed to the development of a new financial paradigm and believe Templum is the best partner for the development of this new paradigm. This investment underscores our belief in Templum’s experienced team, technology, and vision for using blockchain technology to transact in digital assets as securities.”[/perfectpullquote]