Financial matchmaking platform Blackmoon Financial Group has officially launched its blockchain-based platform for tokenized vehicles, which enables approved investment managers to create a fund based on Ethereum technology.
Blackmoon Crypto Platform presents what it calls “a one-stop solution for asset managers to create and manage legally compliant tokenized funds; everything from technology and infrastructure to legal framework and corporate structuring is taken care of”. As such, it combines the benefits of crypto-oriented investment products, including decentralization, transparency and exchangeability, with traditional diversification of investment opportunities.
The startup secures IT, compliance, licensing, and bank partnerships for its clients and the turnkey solution also issues the tokens of the Blackmoon Crypto Platform.
Founded in 2014, Blackmoon Financial Group is a US-based financial technology and investment management company with Russian roots. Looking forward, the company plans to apply for a broker/dealer license in the US before the end of 2017.
Oleg Seydak, CEO of Blackmoon Financial Group, said: “Setting up the proper investment structure is a costly endeavour. Not all tokenized funds set up a proper structure, which leads to greater regulatory risk for investors. Now is the time to introduce the industry standard for setting up tokenized investment vehicles that can attract investments from private individuals and institutional investors of any kind. That’s what the Blackmoon Crypto platform does; it pays attention to regulatory risk and bridges the gap between the fiat and crypto worlds.”