SharesPost, a provider of liquidity solutions to the private growth asset class, has partnered with Securitize, an end-to-end technology platform for tokenising any asset, to enable security token issuers to list on the SharesPost platform.
The partnership will help both investors and security token issuers by providing additional liquidity and accessibility to the growing global digital asset marketplace.
“We’re excited to partner with a robust and well-established marketplace for digital securities like SharesPost,” says Carlos Domingo, CEO of Securitize. “We continue to see rapid adoption of our Digital Securities Protocol across the globe and welcome further partnerships.”
Through this partnership, Securitize’s issuer clients will have access to one of the most established marketplaces for secondary transactions and digital securities. SharesPost has closed over USD4 billion in unregistered securities transactions to date. Additionally, it will provide Securitize clients with access to a ready pool of experienced investors in the private securities space. Securitize previously disclosed that it has over 15 issuer clients, with several more set to come online and list on the SharesPost platform in the coming months.
“We’ve seen tremendous growth in the burgeoning security token market this year, and we’re excited to be partnering with Securitize as we expand our digital asset offerings,” said Gregory Brogger (pictured), Founder and CEO of SharesPost. “Securitize is a perfect partner for us. They bring a pipeline of strong token issuers and a market leading tech solution for both exchanges and issuers.”
SharesPost is a global leader in the private securities market, operating as a FINRA-registered broker-dealer and SEC-registered US Alternative Trading System (ATS). Digital securities trading is expected to launch in H2 2018. The company has also been rapidly building out its GLASS network – a compliant, global network of exchanges and OTC pools facilitating the trading, certification, and custody of security tokens and tokenised assets. In recent weeks, major exchanges including OKCoin, Stellar Decentralized Exchange, and Huobi have all announced that they will be joining GLASS as exchange nodes alongside the SharesPost ATS when it launches in Q4 2018.
Securitize’s security token issuance platform, coupled with their Digital Securities Protocol, allows for seamlessly compliant trading of security tokens across multiple markets and exchanges. The partnership with SharesPost continues the trend of rapid adoption across the security token ecosystem.