Tokenization under the EU Regulations with Smartlands Will Define the Future of Investment Banking
25 Juni 2018 - 10:00AM
Business Wire
The volatile nature of the cryptocurrency market is the largest
threat that keeps a majority of investors away from the industry,
and many businesses from wide adoption of blockchain. The
Smartlands Platform solves this challenge by creating the necessary
legal framework to enforce assets tokenization in full compliance
with the law.
Smartlands is going to employ a crowdfunding platform license to
create a solid foundation for the future of assets tokenization
within the platform. In order to be fully compliant with the law,
the company plans further expansion by launching a new office in
Vilnius.
Asset-backed tokens issued on Smartlands, under crowdfunding
platform license, will be sold as securities. The tokens will
combine the advantages of blockchain technology and classical
investment instruments. They will be in compliance with the
legislation of the European Union, provide greater protection for
investors, and will be a secure tool to attract investments for
companies, whilst providing flexibility to a crowdfunding
framework.
How Smartlands Can Ensure Stability for the
Cryptocurrency-Based Economy
We have carefully chosen Lithuania, because it is one of the few
countries with very clear and concise legislation governing
crowdfunding, cryptocurrencies, and related institutions. The
development of the cryptocurrency market in the country is welcomed
by the authorities, while Lithuania is part of the EU so tokens
issued in compliance with its legislation gains the full access to
the EU, EEA, and other markets.
Next Steps in the Smartlands Platform Expansion
Following this expansion, we have our eyes set on the United
Kingdom. The UK is a primary location in our growth roadmap, and we
plan to acquire a similar license there, as we are doing in
Lithuania.
The UK is a hotbed of FinTech developments, large potential
investors, and international investment opportunities. Many of the
UK-based real estate assets are potential targets for tokenization,
so further expanding into the UK opens up to more opportunities for
efficient investments, capital growth and asset synergy to
Smartlands.
About Smartlands
Smartlands is a worldwide Platform for tokenization of real
economy. Smartlands is built on the Stellar network and employs
advanced blockchain technology with fast, secure transactions and
extended capabilities.
Smartlands on CoinMarketCap:
coinmarketcap.com/currencies/smartlands
Telegram: https://t.me/smartlandschat
Website: www.smartlands.io
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version on businesswire.com: https://www.businesswire.com/news/home/20180625005096/en/
Victor Yermak (Business Development Director)Smartlands Platform
Foundation CompanyContact@smartlands.io+359 895046445
(telegram)