Holdex on-boards Blockpass on strategic investment deal, taking ICO compliance to the new level

HONG KONG, July 31, 2018 — Holdex, the Hong Kong-based compliance-focused crypto crowdfunding platform, is signing a strategic investment deal with its key partner, and leading digital identity verification platform, Blockpass.

This announcement comes two months after the news of their strategic partnership, involving a deep integration of Blockpass’ identity verification system in Holdex’ decentralized, cloud-based platform for ICOs, Token Resellers and Token Distributors.

For the young Holdex, founded only 8 months ago and already serving several projects, the focus is on compliance, security, affordability and user-friendliness. Co-founded by blockchain enthusiasts Vadim Zolotokrylin, Giorgia Pellizzari and Mark Curchin, Holdex follows relentlessly its mission to make crypto crowdfunding easy, affordable and accessible to the many people while providing a top-tier compliance tool-kit.
Crypto crowdfunding is also known as ICO or Initial Coin Offering, where coins or tokens are offered to the public with the purpose of raising capital for the issuing projects. Since January 2018, ICOs raised globally over 13 billion USD, becoming a common fundraising method.

“We just couldn’t miss this strategic investment opportunity, s Holdex and Blockpass’ visions correlate. For Holdex, having Blockpass as not just a provider, but as a deeply integrated partner on both a technology and corporate level means creating a superpower when we are talking about compliance. I am confident that this strategic deal will be the start of a new exciting chapter for Holdex platform and its customers.”

“This really is the next generation of ICO services,” said Adam Vaziri, Blockpass CEO. “Partnering with Holdex to create this premium platform means that we can offer seamless and compliant onboarding, while ensuring that our partners have the best possible experience in setting up their token events.”

Welcoming Blockpass as investor is the latest milestone reached by Holdex in its journey towards a future where tokenization and cryptocurrencies are widely adopted. Holdex’ vision, in fact, stretches beyond ICOs and aims at enabling a world “where individuals, communities and organizations transact with each other in a borderless, private, secure and independent way”.

About Holdex: Holdex Platform is a decentralized, cloud-based turn-key solution for compliant token issuance and distribution together with ICO campaign management and outreach to the crypto backers community. On our platform, ICO projects won’t need to code or maintain any infrastructure so they can focus on their product while raising funds and staying compliant. Visit Holdex website.

About Blockpass: Blockpass is a production-ready Regtech platform offering shared regulatory and compliance services for humans, businesses, objects and devices. Visit Blockpass website.