Tritaurian Capital, a FINRA registered investment bank providing specialized private placement financing and mergers and acquisitions advisory, has announced that it believes it has become the first non-ATS U.S. broker/dealer to receive approval for the sale of digital private placement securities using blockchain.
Commenting on the approval, William B. Heyn, CEO of Tritaurian, stated:
“This is a pivotal moment for the financial industry. We at Tritaurian firmly believe that blockchain technology represents the future of the securities and the financial world, providing safe, secure and fair transactions for all investors. FINRA and SEC Staff and Tritaurian spent tremendous amounts of time on productive discussions working through the finer points of distributed ledger technology and how it would impact the sale of securities in the United States. We cannot thank the Staff enough for having the diligence and foresight to see this process through with us.”
Bill is the founder and Chief Executive Officer of Tritaurian. A nearly thirty-year financial industry veteran, he founded Tritaurian to provide high-quality investment banking services to clients of all sizes. He is also the CEO of trade.io an international crypto-exchange based in Lausanne, Switzerland.
Mr. Heyn continued:
“We would also like to acknowledge the pivotal role played in this application process by Ken Norensberg, Managing Director of Luxor Financial Group. Without his assistance, we would never have been able to bring this process to a successful conclusion.”