• Mar 20, 2020
Dear Valued Securitize Community,
Due to the unprecedented coronavirus (COVID-19) global pandemic, we wanted to take a moment to reassure the broader Securitize community that we are well-positioned to weather these challenging conditions with nominal disruption.
Our first priority will always be to ensure the health and safety of our global Securitize team and their families. In January, we began progressively implementing remote working, starting with Japan. Today our entire global team has moved to remote working for the foreseeable future and has been encouraged to comply with instructions from their local health authorities regarding staying safe and helping to stop the spread of the coronavirus. Given that our team is fairly distributed, this has not been a major problem for our productivity. In addition, all events and non-essential travel have been canceled or rescheduled for a later date.
As a regulated company, we have a Business Continuity and Disaster Recovery Plan in place (which actually includes a pandemic!!) and have already begun to follow it to avoid any disruption to our business, customers, or partners. Our 50+ Securitize team members have the resources and experience to continue executing under these conditions, and our operating practices can be adapted to this fluid situation with agility. We remain committed to providing our customers and partners the same level of support and services they have come to expect from us.
While the individual health and security of our employees and their families is my primary concern, we must also guarantee the health of our business. Fortunately, as we have already announced, we raised a significant amount of money at the end of last year and our balance sheet is stronger than ever. We don’t have any immediate additional cash needs to run our business for the foreseeable future.
As the coronavirus pandemic continues its pace and the economy weathers its impact, we can assure you that we will continue to be here to support and serve you with best-in-class solutions for all your digital securities needs.
If you have any questions, please reach out to us.
Securitize CEO & Co-Founder