Securrency, a provider of financial and regulatory technology products for the tokenized issuance and trading of securities, today announced a strategic partnership with SharesPost, a leading provider of private company liquidity solutions and private capital markets research.
This partnership aims to drive tokenized securities trading to the SharesPost platform by providing liquidity via SharesPost’s alternative trading system to issuers of private tokenized securities availing themselves of Securrency’s compliance and security technologies.
“Our new Initial Coin Offering (ICO) platform has grown tremendously since launching earlier this year, and we wanted to ensure our users met compliance regulations without any additional hassle. Partnering with Securrency was an easy decision, as they seamlessly integrated into our platform and help our customers to create compliant Security Token Offerings (STOs).”
This latest partnership continues Securrency’s “network effect” strategy of partnering with other innovative companies and financial services providers to deliver best-in-breed security and compliance. Securrency offers a unique Compliance Aware Token that has compliance and transactional rules embedded in a compliance layer to facilitate securities offerings on virtually any distributed ledger or legacy platform. In addition, Securrency’s Know Your Wallet tools can detect money laundering and other illegal activity, thereby minimizing the risk of bad actor participation in the distribution and trading of tokenized securities.
“The issuance of securitized tokens can be complex, especially when it comes to maintaining compliance with regulations in multiple jurisdictions. We’re thrilled to be working together with the innovative team at SharesPost’s Digital Securities Group, as our technologies deliver essential security and compliance features to support primary offerings and secondary-market trading of tokenized securities across SharesPost’s impressive range of services. SharesPost’s visionary leadership rightly understands the need to create attractive liquidity options for investors, a vision that has also been at the core of Securrency’s technology solutions since our inception three years ago. Through our strategic partnership with SharesPost, issuers and investors have immediate access to a secure and fully-compliant end-to-end marketplace for tokenized securities.”