Smartlands Acquires Shojin Financial Services Limited, First STO Underway
London, March 18, 2019 ‒ Smartlands, an aspiring global platform for security token issuance, is thrilled to announce the acquisition of a major stake in Shojin Financial Services Limited (SFS).
SFS is a London-based company that in 2017 received an investment license from the British Financial Conduct Authority (FCA) allowing SFS to raise capital globally via crowdfunding. This mode of fundraising is becoming increasingly popular with the business community, individuals, professional investors, institutional investors, funds, and other entities.
“The fact that SFS possesses the type of license necessary for the Smartlands business model to flourish is not the only reason for the acquisition,” comments Arnoldas Nauseda, Smartlands Platform CEO. “We are proud to share SFS’s values and vision for the development of financial markets around the world. The firm also has a substantial pool of classic investors that the SFS team has been developing since 2017. Now, thanks to the Smartlands proprietary technology, these private investors have the opportunity to invest in the digital ownership of real assets secured on one of the most powerful and fast blockchains in the world ‒ Stellar network.”
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