Categories: Blockchain

20|30 accepted to FCA regulatory sandbox

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.”

Scott Thompson

Scott has been working in technology and business journalism for nearly 20 years, with a focus on FinTech, retail, payments and disruptive technology. He has been Editor of such titles as FStech, Retail Systems and IBS Journal and also contributed to the likes of Retail Technology Innovation Hub, PaymentEye, bobsguide, Essential Retail, Open Banking Hub, TechHQ and Internet of Business.

Disqus Comments Loading...

Recent Posts

3DOS Launching Decentralized “Uber for 3D Printing” on Sui

Grand Cayman, Cayman Islands, 12th September 2024, Chainwire

1 week ago

Flipster Announces Collaboration with Tether

Warsaw, Poland, 20th August 2024, Chainwire

1 month ago

PEXX Announces Strategic Acquisition of Chain Debrief

Singapore, Singapore, 20th August 2024, Chainwire

1 month ago

Kwenta and Perennial Kickstart Arbitrum Expansion with 1.9M ARB

Grand Cayman, Cayman Islands, 26th July 2024, Chainwire

2 months ago

Ethereum could soon surpass the 3K price point

As usual, the crypto market is keeping everyone guessing what could happen next. After an…

2 months ago