It will now begin testing its platform, which is the result of a partnership with the Pillar Project, a non-profit foundation building a wallet for cryptocurrencies and tokens. The test will be conducted using Nivaura’s integration with the London Stock Exchange Group’s Turquoise platform.
20|30 Founder David Siegel comments: “This is a significant milestone for our team. For the first time, our integration with the Turquoise platform will demonstrate a regulatory compliant way for institutional investors to purchase equity tokens. We believe this is an important first step to building a new digital foundation for capital markets.”
“The next step,” adds co-founder Tomer Sofinzon, “will be to offer secondary transfers. Then we can work our way up the ‘capital stack’ to reinvent private equity and, eventually, public markets.”
Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.