blocktrade.com

News

Blocktrade.com joins forces with DESICO to accelerate widespread adoption of tokenized assets

DESICO, a platform to issue and trade Tokenized Securities announced today its partnership with Blocktrade, a trading facility for Security Tokens, Crypto Assets, Crypto Traded Indices and other tokenized assets.

Both companies share the same vision of providing transparent, legally compliant, and easy-to-use tools to manage and trade Tokenized Assets.

"The 2019 is set to be the year of Tokenized Securities, therefore we are very happy to partner up with Blocktrade which we view as one of the pioneers of compliant and transparent global Tokenized Securities market”, DESICO’s CEO and Co-founder Laimonas Noreika says. “The tokenization of assets is still in its early stages and this partnership strengthens our joint position both in attracting businesses that plan to issue tokenized securities as well as raising general awareness about this asset class."

The partnership will include joining forces to facilitate widespread adoption of Tokenized Assets in Europe as well as synchronization of platforms so that Tokenized Securities, issued via DESICO, could be tradable via Blocktrade.

“With the new Prospectus Regulation coming to force this year, European companies will have even more options to raise funds from investors by issuing Tokenized Securities. Partnership with DESICO will enable us to achieve to the goal of having 100.000 companies which securities are tokenized and easily traded by retail and institutional investors.” says Luka Gubo, CEO of Blocktrade. “DESICO’s compliant approach to tokenization is something we admire and are looking forward to disrupting and growing European capital markets which are in the shadows of the banking system.”

In November 2018, DESICO has successfully completed its own security token sale, raising 1M USD from both retail and institutional investors.