Smartlands, an aspiring global platform for security token issuance, today announced the acquisition of a major stake in Shojin Financial Services Limited (SFS). The acquisition of SFS allows Smartands to officially open its doors to accredited private and institutional investors on the platform and announce the first Security Token Offering (STO) backed by UK real estate.
SFS is a London-based company that in 2017 received an investment license from the British Financial Conduct Authority (FCA) allowing SFS to raise capital globally via crowdfunding. This mode of fundraising is becoming increasingly popular with the business community, individuals, professional investors, institutional investors, funds, and other entities.
[perfectpullquote align=”full” bordertop=”false” cite=”Arnoldas Nauseda, Smartlands Platform CEO” link=”” color=”” class=”” size=””]“The fact that SFS possesses the type of license necessary for the Smartlands business model to flourish is not the only reason for the acquisition. We are proud to share SFS’s values and vision for the development of financial markets around the world. The firm also has a substantial pool of classic investors that the SFS team has been developing since 2017. Now, thanks to the Smartlands proprietary technology, these private investors have the opportunity to invest in the digital ownership of real assets secured on one of the most powerful and fast blockchains in the world ‒ Stellar network.” [/perfectpullquote]
[perfectpullquote align=”full” bordertop=”false” cite=”Viktor Krekotin, Smartlands Strategy Adviser” link=”” color=”” class=”” size=””]“The partnership with SFS is the last brick in the construction of the Smartlands Platform. This makes Smartlands one of the first fully regulated platforms for the issuance of security tokens, and Stellar will do what it does best: lightning fast, secure transactions at negligible costs to all involved, which makes Stellar the best blockchain for all operations with security tokens.”[/perfectpullquote]
Smartlands invites asset managers, asset owners, and investment funds to take full advantage of its proprietary mechanism for crowdfunding investments. Users can now visit their new website and review complete details of the early access special, private account manager program, and all the perks that come with the individual management approach to formulating your investment portfolio.
The first STO campaign
Smartlands first security token campaign will be divided into two stages.
- Stage one: on March 19th, Smartlands Platform invites accredited private and institutional investors who are ready to sign contracts for the acquisition of security tokens to participate in the offering.
- Stage two: is a public sale for investors who have created accounts on the Smartlands Platform, have gone through the accreditation process and passed it.
[perfectpullquote align=”full” bordertop=”false” cite=”Jatin Ondhia, CEO of Shojin Property Partners, which currently owns SFS” link=”” color=”” class=”” size=””]“We are very excited about this partnership. It is now apparent that the future is in tokenization of property assets and other hitherto illiquid alternative investments. Now all of our clients are able to move towards investing on the blockchain, which makes trades on the open market fast, cheap, secure, and transparent.” [/perfectpullquote]
Shojin Property Partners will also assist with the growth of Smartlands by providing a pipeline of property investment projects for Smartlands investors.