Kriptomat Securities : Sharing the financial success of one of Europe’s fastest growing fintech companies

8 min readMay 9, 2019

On April 3rd 2019, Kriptomat made a new step in its quest to spread the use of cryptocurrencies and related blockchain technology services. The announcement of this exceptional event represents an opportunity for both individuals and investors to hold company shares via an innovative method: Security Token Offering (STO). Let’s discover Kriptomat !

Kriptomat Founders About 1st Security Token Offering (Srdjan Mahmutovich & Dejan Davidovic)

Try Kriptomat product by starting your registration here

Brief overview of the company

Launched in 2018 in Tallinn and based in Slovenia, Kriptomat is an EU regulated, fully licensed digital currencies exchange platform, as well as functioning as a secure digital wallet. The company is at the forefront of FinTech and aims to bring blockchain into not only in Europe, but also all around the world.

The mobile App (available on Google Play and App Store) and the Website represent a real and secure service for anyone wishing to invest in digital currencies easily and quickly. Kriptomat was designed for non-tech savvy people focused on introducing the benefits of cryptocurrencies to a wide audience.

Acting as a genuine Fiat-Crypto gateway, Kriptomat allows thousands of users to trade over 30 different cryptocurrencies without going through complex trading platforms. As stated by its CEO Srdjan Mahmutovic, Kriptomat is working the same way as banking applications, with additional features: a secure digital wallet and an online Exchange Office. The 30 crypto-currencies proposed were carefully selected — in addition to conducting lengthy studies on a case-by-case basis, the team also took into consideration of platform listings as well as promising partnerships. For example, Enjin Coin has been an entity that Kriptomat has been closely working with. Once the two companies came into contact in September 2018, everything was swiftly in motion: token listing, interviews, contests, Founders tokens distribution, and many more. These various events have given Kriptomat users the opportunity to not only learn more about ENJ, but also potentially win some while it was priced less than 5 cents at the time, and that was just the beginning.

Without a doubt, Kriptomat boasts a formidable list of cryptocurrencies, all within just a year. Moreover, most of the listings are accompanied by over 20 different languages in an effort to accommodate the wide variety of user background. You can have a preview of the blog in english here : https://kriptomat.io/news/

What is a security token ? Why is this a great opportunity for Kriptomat and its members ?

More information : https://kriptomat.io/sto/

As a founding member of the International Association for Trusted Blockchain Applications (INATBA), an organisation supported by the European Commission, Kriptomat is gradually starting to anchor itself in the European landscape, subsequently asserting itself as a leader among the 100 most promising companies. The company is a strong player in the distributed Grand ledger (DLT) ecosystem and has experienced significant growth in recent times. Since its launch in 2018, the economic model of Kriptomat has always kept focusing on commitment towards its users. In this continuity and in partnership with DESICO, Kriptomat will launch its own security token on May 8th 2019.

Do you remember the initial coin offering (ICOs) boom between 2014 and 2017 ? These fundraising events resulted in colossal sums! Maybe we’ll get to live the same pleasure with the STOs … Who knows ? :D

This is what 4 years of ICO Activity looks like (2014–2017)

Now that the frame is laid, let’s talk about the STOs ; Security Token Offering. In simple terms, security tokens are cryptographic assets that allow multiple functions: pay dividends, share profits, pay interest or invest in other tokens/assets to generate profits.

If Bitcoin is considered as a “digital money”, then you can treat the security tokens as “digital actions”, or any other traditional financial asset such as real estate, patents, etc.

In contrast to ICOs, STOs are launched with regulatory governance in mind. They are registered with the required government bodies, meet all the legal requirements and are 100% lawful. STO requires a company to do some detailed compliance work upfront, as only the most regulatory compliant companies are allowed to issue Security Tokens.

The main advantages are :

Investors actually acquire underlying assets that derive their value from something else.
100% regulated offerings that ensure investors security.
Projects that go for STOs are generally more mature and trustworthy than the ones in the ICO sphere.
STOs are experiencing significant growth while ICOs space shrinks.
Security tokens are expected to be traded via broker-dealers who are also supervised by regulatory bodies.
Less speculation and market manipulation.
Not to mention the many other advantages of digital currencies and blockchain: Reduced fees, fast transactions, multi-market exposure, large investor base,Smart contracts and automated functions, transparency…

KRTEX token will be a security token based on Ethereum blockchain, and complies with the ERC-20 standard. Unlike any utility token from an ICO, KRTEX will allow its holders to benefit from a share of the company’s profits and revenues of Kriptomat. Moreover, the unit value of KRTEX may see an increase if the company continues to grow.

“ We have reached critical velocity and, rather than surrender control of our destiny by seeking institutional funding, we have chosen to give our users and other interested individuals the chance to support our company by buying digital shares and investing in our platform.This will allow you to share in the financial success of one of Europe’s fastest growing fintech companies.” Kriptomat team.

Kriptomat STO will start on May 30, 2019.

During the first round, the target fundraising amount is 1.8 million euros. The minimum amount for an investment is 250 euros.

What future investors should know:

All dividends will be distributed directly to the Holder’s bank account in Euro OR to their digital wallet in the form of cryptocurrency (based on the daily actual exchange rate).
The first payment from revenue (8%) shall be made not later than August 2020. Subsequent payments will occur on a half-yearly basis.
The first payment from profit (4%)shall be made after the first financial year after the end of the public offering (the first year is 2020). Subsequent payments will be made on a yearly basis.
Kriptomat Securities is a fully compliant security token
KRTEX is an ERC-20 token and will be listed on exchanges after the offering phase.
The emission of securities will be accounted on Nasdaq Baltics depositorium. Kriptomt securities will have ISIN code issued by Nasdaq Baltics.

For STO registrations, you can start by expressing your interest on the Desico website : https://www.desico.io/kriptomat-sto-waitlist

DESICO is the first decentralized platform for issuing, investing and exchanging security tokens that is fully regulated and complies with the European legal framework.

According to Leimonas Noreika, CEO of DESICO, the commercial model of Kriptomat platform is perfectly suited to the STO, as users are in a unique position to drive the growth of the platform themselves.. The higher the turnover of Kriptomat, the more likely users are to earn money. « We believe this is a fantastic opportunity and a perfect agreement for our technology. Kriptomat is an excellent product, developed by an experienced team with an exceptional course and great ambitions », said Noreika.

In summary, what is Kriptomat ?

=> A legal Exchange crypto-FIAT in Europe with 30 different cryptocurrencies carefully selected.

=>A nice and user friendly interface, designed to facilitate the purchase and sale of crypto-currencies.

=> A team attentive and listening to its users.

=> Regular events that make users earn cryptocurrencies.

=> A blog with quality articles to train you in the world of cryptocurrencies.

=> Very strategic partnerships : Enjin, Desico, Blocktrade …

=> Kriptomat is a fintech startup that was fully financed by the founding team. Over the last 6 months, Kriptomat revenue has grown by 51% month on month.

=> Kriptomat became the first cryptocurrency exchange to adopt non-fungible tokens for the trading of collectibles like Enjin’s ERC-1155. Discover MintPortal

After continued proven success and having found a functional product, the team started to attract more and more users, ultimately leading to launch their STO. This is from my point of view, the best decision based on the global context of digital assets.

“Trust, security, and transparency are three of our core values, which is why we hold operating licenses issued by the Financial Intelligence Unit for providing services of exchanging a virtual currency against fiat currency (License No. FVR000079) and providing a virtual currency wallet service (License No. FRK000060).

Social Medias : Twitter / Facebook / Telegram / Medium / Linkedin / Youtube

Useful links : STO Waitlist / STO Page

Register on Kriptomat : http://bit.ly/2GRIOIk

🖐 Count me In Kriptomat STO (Waitlist)

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Who am I ?

I registered on Kriptomat a bit by chance, thanks to my meeting with Sašo on social networks in July 2018. Sašo is one of the members of the team, and he invited me to test their platform. I saw how meticulous the team was, and they valued the feedback from their users. I really liked the idea of having a team that was accessible and open to suggestions, which made me decide to use their platform and talk to them about me. Kriptomat continues to surprise me day after day, and i’m very proud to follow them since the first days. They can count me among their future investors.

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