GENTWO Digital and the first issuing platform for the crypto space

We are pleased to share this announcement from our new partner GENTWO Digital AG.

Newly-founded GENTWO Digital AG creates the world’s first issuing platform for financial products in the crypto space

GENTWO, specialized in independent securitization of financial products, and the Blockchain Service Provider inacta with its ICO platform Tokengate and the co-initiated Crypto Valley ecosystem (CV Competition, CV Summit, CV Maps) have announced the formation of the GENTWO DIGITAL AG, a joint venture based in the Crypto Valley Lab in Zug, Switzerland. The business makes it possible to display crypto assets as bankable financial products with a Swiss ISIN. GENTWO DIGITAL’s partner in developing the crypto asset market is Crypto Broker AG in Zurich, which belongs to the Crypto Finance Group. This collaboration creates the world’s first-ever issuing platform for financial products in the crypto area.

The market for crypto assets such as tokens or blockchain portfolios has so far been separate from the traditional capital market. Despite the fact that there are a few crypto funds, it has so far not been possible to display individual tokens or crypto portfolios as financial products. In addition to this, institutional investors could not invest in ICOs or they could only do so with great difficulty. The new securitization and issuing set-up by newly-founded GENTWO DIGITAL makes this possible now. The business provides a simple, affordable, and autonomous solution for investing tokens and crypto portfolios. This means that GENTWO DIGITAL connects the traditional financial market to the crypto market for the first time ever. The business does so in the simple and transparent manner to which conventional GENTWO clients are used.

Connected to more than 600 blockchain businesses

GENTWO founder Patrick Loepfe will be the chairman of the board of directors of GENTWO DIGITAL. While GENTWO will make the set-up available that is required for the independent securitization of crypto assets and their issuing as financial products, the other partners of this joint venture, and Marco Bumbacher and Ralf Glabischnig (both managing partners at inacta and board members of CV VC) in particular, will deal with connecting the new offer to the crypto community. This means that GENTWO DIGITAL is thereby connected to a pool of more than 600 blockchain businesses from the Crypto Valley.

Crypto Broker AG becomes the cooperation partner for the world’s first issuing platform for financial products in the crypto space

With Crypto Broker AG, a subsidiary of the Crypto Finance Group, GENTWO DIGITAL starts with the support of a qualified financial intermediary for trading crypto assets that are not securities.. Crypto Broker AG is acting as the trading partner to support some parts of this first issuing platform for crypto financial products. On this platform, existing portfolios can be securitized quickly, affordably, and transparently as actively managed certificates (AMC). Alternatively, individual tokens can be securitized as tracker certificates which can then be issued as financial products. In this way, Crypto Broker will expand their existing business and the clients of GENTWO DIGITAL can rely on Crypto Broker’s proven brokerage and storage setup.

About GENTWO AG

GENTWO, with its registered office in Zurich, is the Swiss provider of second-generation financial products. It combines services from FinTech, RegTech, and LegalTech into a disruptive solution for financial intermediaries for the issuing of financial products and advocates the democratization of the financial products market. The company was founded in 2018 by Patrick Loepfe and Philippe A. Naegeli, two acknowledged experts in financial products. www.g2fp.com

Crypto Finance Group celebrates its first birthday

I am very pleased to announce that today is the one-year anniversary of the Crypto Finance Group. It was on June 20, 2017 that we first announced ourselves and began on our journey. The past year has been an intense journey, and to be honest, we have been so busy that we almost missed our birthday.

One year ago today, we set out on an adventure to transfer the structures familiar from traditional banking to the young and exciting market of crypto assets. Thanks to our great clients, partners, colleagues, shareholders, and family and friends, we are now celebrating the completion of our first year in business. We have built many great relationships and partnerships, and we are looking forward to strengthening them even further.

We have built an amazing team with a positive entrepreneurial mind-set. It is this mind-set that allows our team to prosper and to take risks; to build a company from scratch, and to do work that has never been done before. Together, we have overcome many obstacles, worked really hard, and launched three separate entities: Crypto Fund AG (Asset Management), Crypto Broker AG (Trading), and Crypto Storage AG (Storage) were built up in laser-like time of just twelve months.

Today, we want to share a bit of perspective on what we have achieved over the last twelve months:

  • The Crypto Finance Group is a Swiss-registered financial group providing clients with full market access within the crypto asset universe. We successfully closed our Seed and series A round financing, and raised more than CHF 18.5m.
  • From idea to full-fledged company, the Crypto Finance Group has grown to include more than 35 highly-qualified internal experts with extensive traditional banking experience in the fields of managing assets, trading and security, as well as 12 external IT developers.
  • Crypto Fund AG and Crypto Broker AG became SRO Members with VQF – to ensure compliance with KYC and AML requirements.
  • Crypto Broker AG maintains partnerships with more than 10 of the global leading exchanges, and covers all the important crypto assets relevant to more than 95% of the global crypto market capitalisation.
  • The number of clients that Crypto Broker AG has onboarded exceeds our expectations. These clients include banks, asset managers, family offices, foundations, ICOs, and institutional investors, and we provide them full access to the world of crypto assets.
  • Crypto Broker AG is capable of managing large trading flows automatically thanks to API-connections to the leading exchanges, OTC desks, and an algo-based automated order management system. The proprietary brokerage platform was built in roughly 8 000 IT development hours together with our external developers, and is setting new standards in both the old and the new world.
  • Crypto Storage AG developed a unique storage solution that sets new standards in terms of security, usability, and the reduction of operational risk.
  • Crypto Storage AG went live in April, and, as of today, enables the storage of 57 cryptocurrencies out of the Top100 by market capitalisation. With this solution we are able to solve one of the last remaining issues in the crypto space: security.
  • Crypto Fund AG received the FINMA distribution license for foreign funds in Switzerland.

 

Although we have already achieved important milestones, we continue to challenge the status quo. We will also continue to leverage ourselves to drive innovation in an emerging market we profoundly understand and where we can make a significant contribution. Our Group aims to continue leading in the crypto space, while more and more investors and financial services providers are still waking up to the opportunity. We are well prepared to extend our journey by providing access and forging new pathways of navigation. We are looking forward to a tremendous second year in business.

Thanks for helping to make the Crypto Finance Group and the entire Crypto Nation a success!

« To the moon »

Yours sincerely,

Jan Brzezek
CEO & Founder Crypto Finance Group

 

FINMA grants Crypto Fund AG permission to distribute collective investment schemes

June 18, 2018, Zug / Zurich, Switzerland. Crypto Fund AG receives the FINMA license as a distributor of collective investment schemes and gains the opportunity to distribute funds to qualified investors.

Crypto Fund AG is pleased to be the first crypto fund company in Switzerland to receive this authorisation. “All employees of Crypto Fund AG have many years of experience in asset management,” says Mathias Maurer, COO of Crypto Fund AG. The approval of FINMA as a distributor enables Crypto Fund AG to distribute funds to qualified investors. “For us, getting the FINMA license is a big step in the right direction, to establish us as the first point of contact for crypto assets,” concludes Jan Brzezek, CEO and founder of Crypto Fund AG. Crypto Fund AG is also a member of the VQF – a self-regulatory organisation (SRO) in Switzerland.