Provision of Regulated Platform for Initial Coin Offerings
Templum, LLC, along with its affiliated broker dealer Liquid M Capital, LLC, have announced a strategic partnership in which they will launch a digital asset platform offering both primary issuance of Initial Coin Offerings and the secondary trading of both registered and unregistered digital assets as securities through an Alternative Trading System — ATS — which is intended to make us of blockchain technology.
Known as Templum, its strategic partnership with Liquid M Capital will allow it to utilize the company to create a turn-key solution for the initial issuance and secondary trading of ICOs as unregistered private securities. Templum’s proprietary technology and intellectual property, combined with Liquid M Capital’s ATS, will provide ICO investors with a platform for the sale and secondary trading of digital tokens.
With the rise of the ICO as a popular method of fundraising has come a corresponding increase in fraudulent activity and dangers for investors. In response, regulators in different countries have begun to step in to issue guidelines and take action where appropriate. Investors are looking for ways to ensure that they are investing in legitimate endeavours.
Chris Pallotta, founder and chief executive officer of Templum, commented: “Templum’s model is designed to build upon ICO innovation by adhering to existing regulations to add the essential element of investor protection. By doing so, we hope to increase widespread acceptance of ICOs that will attract more capital interest in innovative, growth-oriented companies and result in the overall growth of the global digital asset market. We believe that once our platform is fully established it will become the primary destination for transacting in digital assets worldwide.”
Chief executive officer of Liquid M Capital, Vince Molinari: “We’ve long advocated for a strong digital asset ecosystem for both issuers and investors, and sought to preserve the best elements of the ICO community. With the DAO report, we can reasonably conclude that most digital assets are likely to be treated as securities by U.S. regulators. Templum will meet the need for compliant ICOs and secondary trading liquidity in a single destination.”
By leveraging blockchain technology, Templum intends to bring new technological advances to the capital markets, specifically through ICOs, with the aim to open new sources of capital for innovative growth companies, and provide those capital sources with enhanced investor protections and secondary liquidity opportunities in a fully regulated environment.
