Partnership announcement: DESICO joins forces with Blocktrade

DESICO, a platform to issue and trade Tokenized Securities announced today its partnership with Blocktrade, a trading facility for Security Tokens, Crypto Assets, Crypto Traded Indices and other tokenized assets.

This partnership will enable cooperation to facilitate widespread adoption of Tokenized Assets in Europe as well as synchronization of platforms, so that Tokenized Securities, issued via DESICO, could be tradable via Blocktrade.

Both companies share the same vision of providing transparent, legally compliant, and easy-to-use tools to manage and trade Tokenized Assets.

„The 2019 is set to be the year of Tokenized Securities, therefore we are happy to partner up with Blocktrade which we view as one of the pioneers of compliant and transparent global Tokenized Securities market”, says Laimonas Noreika, CEO and Co-founder of DESICO. “The tokenization of assets is still in its early stages and this partnership strengthens our joint position both in attracting businesses that plan to issue tokenized securities as well as raising general awareness about this asset class”, highlights Noreika.

“With the new Prospectus regulation coming to force this year, European companies will have even more options to raise funds from investors by issuing Tokenized Securities. Partnership with DESICO will enable us to achieve to the goal of having 100.000 companies, which securities are tokenized and easily traded by retail and institutional investors. DESICO’s compliant approach to tokenization is something we admire and we are looking forward to disrupting growing European capital markets which are in the shadows of the banking system”, explains Luka Gubo, CEO of Blocktrade.

In November 2018, DESICO has successfully completed its own security token sale, raising 1M USD from both retail and institutional investors. DESICO is now open to providing services to startups and businesses wishing to issue their own legally compliant security tokens.