Blockchain technology company Etherparty today announced a new partnership with Capiche.io, a legal tech provider of a web-based platform that simplifies the capital raising process while ensuring compliance.
Etherparty and Capiche will develop an integrated solution for ensuring that securities issued through Etherparty’s recently launched Rocket platform are compliant with applicable securities laws. The Capiche platform streamlines and automates the capital raising process, and efficiently generates all required documentation, coordinates interactions and guides users through the process.
“Having a partner like Capiche allows us to more easily transition the traditional processes of setting up security offerings into blockchain for the security and auditability that it offers.”
Rocket, the first official software product of Etherparty, is a user-friendly token crowdsale creator solution for utility tokens. It allows users to launch and track their project without the need of a development team.
Comet (version 2.0 of Rocket) an advanced STO creator is currently in development. Upon its release, Comet will integrate with the Capiche platform to make security token distribution easier, better, faster and more cost effective.
“In launching security tokens, the biggest hurdle and cost for our clients is regulatory compliance. We couldn’t be more excited for this partnership as there is nothing in the security token market that compares.”