Fineqia International Inc. C.FNQ

Nivaura & Sandbox

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  “.... London Stock Exchange Group (LSEG) and the Financial Conduct Authority (FCA), the U.K.’s main financial regulator, has teamed up with U.K.-based startups Nivaura and 20|30 to issue tokenized equity in a U.K. company in a fully compliant manner. Targeting both institutional and accredited investors, the partnership will leverage LSEG’s Turquoise platform, a hybrid exchange platform for European equities. The equity tokens themselves will be Ethereum-based, so one can reasonably assume they will leverage the ERC20 standard.”

  “The test will be conducted using Nivaura’s integration with the London Stock Exchange Group’s Turquoise platform. According to the company, this test will enable the primary issuance of equity tokens to institutional investors through a regulated trading venue. This will demonstrate a commercially viable model for tokenising company equity. 20|30’s overall goal is to establish equity tokens as a widely accepted means for companies to raise capital.”

  “In September, 20|30 will act as the ‘guinea pig’ as the first company to test out the process. Following a lock-up period of one year and assuming all goes as planned, they will launch the service to the public, allowing startups and small- to mid-size corporates to tokenize their own shares. Unsurprisingly, there’s already a sizeable pipeline of companies waiting to test it out.”

  “Investors on the Turquoise platform should be able to place orders for equity tokens and matched orders will be cleared and settled on the blockchain using Nivaura’s custody services.”

Fineqia backs Nivaura.

Fineqia is in the Sandbox.

20|30 using LSEG’s Turquoise and Nivaura platforms.

20|30 is in the Sandbox.

 

Touch Nivaura,

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https://blog.neufund.org/token-up-2-your-complete-guide-to-security-token-exchanges-fab49baed8fc

https://www.crowdfundinsider.com/2018/07/135873-blockchain-platform-2030-to-test-issuance-of-equity-tokens-under-fca-fintech-sandbox-guidance/