13 days, 13 cities, 17 flights — Stackr is on track for Q1 2019 launch
As we move closer to the launch of Stackr in Q1 2019 we wanted to give you an update on how the project is progressing and what the founders (Cobus and Brendan) have been up to.
Cobus and Brendan have had a busy couple of weeks meeting with our service providers and regulators across the globe.
As you may know, we are a global company operating in multiple jurisdictions. We do this as no single jurisdiction can offer all the services that are needed to supply Stackr clients with the optimal savings solution.
The guys began their journey in Bermuda, meeting with the Bermuda Monetary Authority (BMA), the regulator of the Trustee, who oversee the Stackr Master and Sub trusts. The BMA recently advanced legislation to regulate digital assets — it is refreshing to see a regulator being proactive when it comes to crypto. They also met with Kane LPI, our administrator, and Appleby our legal counsel, both of which we have long-standing relationships with. They ended the Bermuda leg of the trip with a visit to the Stackr’s trustee — Altree, a new relationship for us, but one that comes highly recommended.
Next stop was the Cayman Islands where they met with our legal counsel, Ogier our auditors, KPMG and management company, Arka.
The next leg was to the US to meet with Kingdom Trust who are the independent custodian for our digital assets. Kingdom Trust currently serve over 100,000 clients and have over US$12 billion in assets under custody. They are regulated by the South Dakota Division of banking in the United States of America.
Cobus then flew up to New York to meet with Qplum, a similar business to Stackr, but with a US only focus. Qplum is a successful business and it was great to see the proof of concept working providing clients with the service that they deserve.
The final leg was to Hong Kong to meet potential strategic partners.
With the trip complete, we can report that all service provider agreements are now in place and all is on track for a Q1 2019 launch of Stackr.
Chat to us on telegram so our team can personally answer any of your questions https://t.me/gostackr
See more essential resources and social links below:
Stackr Website: https://www.gostackr.com
Introduction to Stackr video: https://www.youtube.com/watch?v=qqjytfyfsiU
Stackr Promo video: https://www.youtube.com/watch?v=3Gpy8K-K4ec
Download the Whitepaper: https://assets.gostackr.com/Stackr_whitepaper_v1.1.pdf
Need help? Visit our help centre: https://stackr.zendesk.com/hc/en-us
Connect with us on social media: