A former executive of investment bank UBS, Claude Waelchli, has established a United States-based digital securities issuance platform dubbed Tokenyz.https://t.co/7RscGN68sK — Ethx (@ethxdotco) November 28, 2019
Eventually, he intends to connect “tech companies with immense tokenization capability but little financial acumen, and financial services companies locked into their traditional business models.”
“It is our firm belief that the digitization of traditional securities will create exponential growth opportunities in the years ahead.” Claude Waelchli
Likewise, in late August, the U.S. Securities and Exchange Commission registered Securitize, a digital securities platform, supported by Coinbase, a crypto exchange. The registration enabled Securitize to operate as an official keeper of records about changes of ownership in securities.
Recently, Deutsche Börse Venture Network (DBVN) partnered with Cashlink, a German fintech company, allowing institutional investors to obtain digital securities.
Thus, Peter Fricke, the Director of DBVN, commented:
“With this new offering from our partner, we are able to simplify the process of raising capital for startups on our network, and all within an existing regulatory framework.” Peter Fricke