15 novembre 2018

GENTWO Digital and the first issuing platform for the crypto space

Yara Ainsworth

Yara Ainsworth

Responsable Marketing & Communications chez Crypto Finance AG

A propos de l'auteur

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

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