Securitize launches new program to make compliance integration seamless across the digital security ecosystem
April 9, 2019
Securitize Ready Program partners include Coinbase Custody, OpenFinance, Rialto Trading, and C Block Capital.
New York – April 9, 2019 -- Securitize, a compliance platform and protocol for issuers of digital securities, has launched the Securitize Ready Program to create a seamless ecosystem for partners like lawyers, broker-dealers, and advisory firms to integrate the Securitize platform and DS Protocol.
“Securitize Ready frees partners to focus on their core business while providing their clients access to the industry’s most widely adopted issuance and lifecycle management technology. It represents a win-win for both partners and the issuers they work with,” said Steven Lucido, Head of the Securitize Ready Program.
The Securitize Ready program includes Coinbase Custody, OpenFinance, Rialto Trading, CBlock Capital with more partners across the digital security ecosystem to join.
From onboarding to issuance and investor management, the Securitize Ready program helps ensure companies issuing security tokens (digital securities) on the Securitize platform are able to do so within established regulatory guidelines.
“Coinbase Custody is proud to provide Securitize customers with a service that couples Coinbase’s crypto asset security excellence with broker-dealer financial reporting expertise. We believe that partnerships like this one with Securitize, a proven primary issuance and lifecycle management platform, help to drive adoption within traditional financial markets,” said Sam McIngvale, CEO of Coinbase Custody.
All program partners are well-versed in the Securitize platform and support Securitize’s DS Protocol so that they may guide companies through the full digital security issuance and lifecycle management process. Securitize Ready partners will have an official program badge published on their site.
“The relationship between OpenFinance Network and Securitize can be traced back to the beginning of the security token era. Through collaboration and commitment, our two firms have accomplished a tremendous amount in a short time and we look forward to what our partnership will deliver in the future,” said Juan Hernandez, CEO of OpenFinance.
Securitize’s DS Protocol maintains compliance during secondary trading and enables automated features such as share buy-backs, dividends, voting, and more. Securitize’s DS Protocol has the highest adoption rate in the industry, powering multiple issued and outstanding digital securities, including Blockchain Capital, Science Blockchain, SPiCE VC, Lottery.com, 22x, and Augmate.
“Rialto is excited to partner with Securitize to deliver the full spectrum of services for primary issuance. Rialto’s vast capital markets expertise and deep trading knowledge alongside Securitize’s leading compliance and protocol offerings in digital securities will further advance both our initiatives in the digital securities space,” said Kevin Joy, Director of Operations at Rialto Trading.
Securitize is a compliance platform and protocol for issuing and managing digital securities on the blockchain, including dividends, distributions, and share buy-backs. Securitize’s innovative Digital Securities Protocol (DS Protocol) enables seamless, fully compliant trading across multiple markets simultaneously. Securitize actively partners with exchanges, broker-dealers, custodians of crypto, escrow services, and other financial infrastructure for digital securities.