AmaZix is the world’s leading community management and social engagement firm. The firm has recently announced its partnership with fintech marketing company ‘Issuance’ that helps startups have excellent tools for conducting STOs. The aim of this new partnership is to help startups perform their compliant security token offering (STO).
Security Tokens have been the talk of the hour for last few months. Utility tokens in these last few months have struggled to keep up with the regulatory compliances. It is expected that the STO market is going to become a big competitor of traditional IPOs in the near future.
Amazix on this partnership:
Jonas Karlberg CEO of AmaZix“While ICOs will still represent an important tool for blockchain startups globally, there is a growing acceptance that along with legitimisation and recognition for the underlying blockchain technology, cryptocurrency must be able to deal with regulations and compliance. STOs will be inherently more difficult, costlier and more time-consuming to launch, but Issuance have an impeccable understanding of the market and AmaZix are proud to have sealed this cooperation with such capable partners.”
Issuance on the partnership:
The Issuance platform connects, engages, and matches digital securities issuers with authenticated, interested investors.
Darren Marble, CEO at Issuance, said: “Smart money wants a simple process. It wants digital assets that are blockchain-based and are compliant with federal securities law. At the same time, companies also want a compliant way to raise capital. We believe that our expertise allows us to fill a huge gap in STO advisory for companies, while our strategic partnership with AmaZix puts us into meaningful reach with investors who want in on the next big thing.”