Following the successful launch of its token-issuance compliance platform to emerging-growth and enterprise clients, TokenSoft today announced it now offers a security token issuance platform to fund managers. From hedge-funds to fund-of-funds, TokenSoft provides services to a broad range of financial vehicles.
“After successfully launching two crypto-asset funds, a fund-of-funds and late-stage venture fund, we are excited to expand our services to fund managers by merging traditional finance with blockchain technology,” said Mason Borda, TokenSoft’s Founder and CEO.
TokenSoft’s enterprise-grade token issuance and compliance platform provide the unique set of features financial investment funds require to raise funds globally. From consumers to institutional investors, we enable investor on-boarding and payments through our token issuance and compliance engine supporting over 50 countries.
Using a tokenized security allows traditional investment funds to issue and track equity interest in their fund without the need for third-party platforms. This blockchain-based equity interest is attributable to a verified investor and the investor’s cryptocurrency wallet or bank account which may receive distributions for the return of capital or earnings.
“Funds backed by tokenized or blockchain-based securities represent a paradigm shift in the way limited partnership interest will be managed while increasing liquidity and automating bookkeeping,” said Mr. Borda.
Additionally, TokenSoft’s service for fund managers can enforce trading restrictions on the blockchain-based tokens such as lock-up time periods and location-based restrictions.
