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Crypto wallet app Multis integrates with Polymath for storage of security tokens

Published by CryptoNinjas.net
08/06/2019
Multis Polymath

The team of Multis, a crypto wallet management app designed for companies, today announced that its partnership with security token platform Polymath is now live. Issuers and investors will now have the option to chose Multis to manage securities tokens.

Multis Wallet: For Investors and Issuers

Multis is providing investors and issuers with an enterprise-grade wallet so they can take part in STOs conveniently, in total self-custody:

  • Investors and issuers can store security tokens conveniently along with ETH and tokens, and manage them with their team from a business-friendly interface
  • Issuers can also manage the company’s governance related to these securities — distributing dividends to security tokens holders for example. Multis made it easy to save and call smart contracts from the same application, with no technical background required

Security tokens do not require companies to choose heavy and expensive custodian solutions: ownership transfers can only happen between verified investors and are constantly monitored by the Polymath ST-20 protocol, while tokens can be issued again in case of key loss.

Later this week, the Multis team said it will also be announcing the launch of its first insurance integration to ensure users of the Multis app higher peace of mind.

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