Securitize, a compliance platform and protocol for token issuers backed by United States crypto trade Coinbase, is launching its Securitize Prepared Program, in line with a press launch shared with Cointelegraph on April 9.
Per the announcement, this system contains such business majors as Coinbase Custody, OpenFinance, Rialto Buying and selling, CBlock Capital and others. Customers of the Securitize Prepared Program will be capable to use the varied companies supplied by the associate companies to difficulty safety tokens on the Securitize platform.
The platform will purportedly make it simpler for organizations to design and difficulty their very own tokens. The announcement additional states:
“Securitize’s DS Protocol maintains compliance throughout secondary buying and selling and allows automated options resembling share buy-backs, dividends, voting, and extra.”
Late final 12 months, Securitize closed a Sequence A funding spherical led by Blockchain Capital that raised $12.75 million. The spherical additionally included participation from Coinbase Ventures, International Mind, NXTP, OK Blockchain Capital, and Xpring at Ripple.
In January 2019, Securitize joined the IBM Blockchain Accelerator program. In accordance with a report, Securitize CEO Carlos Domingo stated that the agency’s aim is to construct a debt issuance platform utilizing blockchain expertise.