Cryptosx partners with FinTech law firm to enhance STO compliance

Cryptosx, a fully Licensed and Regulated financial platform that enables the issuance and management of digital securities using Blockchain based Asset Digitization Technology, is proud to enter into a strategic partnership with Henry Yu and Associates (“HYA”), in association with L&Y Law Office, a leading blockchain and fintech law firm and Creative Union International Limited (“Creative Union”), expert in blockchain technology integration and advisory services.

Our mother company — First Bullion Holdings Inc. (“First Bullion”) had successfully completed the first STO in Asia under CEZA jurisdiction for Flourish City Development in 2019. This has become the benchmark for regulated STO in the region. First Bullion digital platform improves the alternative investment experience for investors, issuers and their placement agents — from onboarding and subscription processing to investor management.

“We are excited to work with our Partners, HYA and Creative Union as we believe there will be a monumental shift to regulated wallets and exchanges. This partnership allows us to put all our focus on token issuance and the tokenized securities market, which we expect will be a billion dollar business in the coming years”. Philip Tam, CEO First Bullion.

For First Bullion, compliance is a North Star and a key competitive differentiator, we recognize and acknowledge the role of regulation in managing today’s financial markets. Partnering with HYA will provide our clients and investors in our security tokens much higher level of assurance in the underlying legality and compliance framework.

HYA has been at the forefront of advising blockchain based fintech start up, investments and transactions. Henry Yu, the founder of HYA is an energetic pioneer in this field and his firm is advisors for many clients for the Regulatory Sandbox recently announced by the Securities and Futures Commission of Hong Kong in November 2019.

Creative Union has a long and successful track record with providing the financial advisory services for music and entertainment industry in Asia. Its Managing Partner, Catar Liu, is the founder of the first global exchange for diamonds and have since worked as senior management role with financial technology companies such as eBroker Group Limited (a public listed company in HKEx) and Thomson Reuters (a well-known international financial information provider). The partnership with Creative Union increases the technological and integration capabilities of our platform and also bring in media/marketing experiences to extend our reach to different customer segments.

ABOUT THE PARTNERS

  • HENRY YU and Associates

Henry Yu & Associates (“HYA”) in association with L & Y Law office (“L&Y”), is a Hong Kong law firm focusing on fintech and blockchain industry, providing legal and regulatory services for blockchain applications, cryptocurrencies, virtual assets, ICO, IEO, STO etc. As a pioneer in the field, the founding partner of the firm, Mr. Henry Yu, is one of the first blockchain lawyers in Hong Kong as well as a minority of professionals who have participated in the first ever ICO and STO in Hong Kong. L&Y is in association with one of the largest law firms in Shenzhen, namely, China Commercial Law Firm and, with a strong network in China, it provides full range of services in the Greater Bay Area. Recognition and awards received by HYA and L&Y include Blockchain Technology Sector Law Firm of the Year — Hong Kong in Global 100–2019, Capital Markets Law Firm of the Year in Hong Kong by Corporate INTL Magazine 2019, Winner of M&A Adviser of the Year by Finance Monthly Global Awards 2018 and finalists of Rising Law Firm of the Year 2018 by ALB, finalists of Transactional Boutique Law Firm of the Year 2018 by ALB and finalists of Innovative Technologies Law Firm of the Year 2019 by ALB.

  • CREATIVE UNION INTERNATIONAL

Founded by experts in the Blockchain industry, Creative Union International helps clients to optimize their Businesses in a larger Blockchain ecosystem, basically Custom Blockchain Technology Integration and STO/ICO advisory services. The Managing Partner, Catar Liu, has a high profile and experience in the technology industry with a focus on FinTech. He is the founder of AssetOnChain Technology Ltd., the first exchange for Diamonds on Blockchain Technology globally. Moreover, Catar was business director of a listed company — eBroker Group (SEHK# 8036). He successfully helped eBroker to develop into a leading technology provider in Hong Kong’s financial industry. He also assisted eBroker Group successfully listed on the Hong Kong Stock Exchange in 2019.

RELATED LINKS

http://www.lylawoffice.com/about-us/

https://www.firstbullionholdings.com/

A Digital Asset Exchange operating under FTSOVC Cryptocurrency License. Offering both Fiat-to-Crypto exchange services to users and STO solutions to companies

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store