Expands capital raising options for clients with access to FCA regulated platform
Launchpool, the token-based community crowdfunding platform, is pleased to announce an exciting partnership with Archax, the first FCA regulated digital securities exchange, broker and custodian. This partnership will provide new services for all stakeholders, the Launchpool community and investment funds, as well as offering projects optionality when raising capital.
Launchpool believes crypto investing should be egalitarian – all project stakeholder groups are as important as each other – and so harnesses their combined strengths and aligns their incentives such that the sum is greater than the constituent parts. This improves on current typical methods of investing in blockchain projects which are fragmented, as different stakeholders are not aligned.
Archax is the only UK regulated digital securities exchange, broker and custodian. It was also the first firm on the FCA’s Cryptoasset register, and uniquely can offer clients access to traditional securities, digital securities and cryptocurrencies all on one platform. It also offers firms the ability to issue security tokens and to raise capital in the form equity – both traditionally and digitally.
This partnership will enable Launchpool projects to raise capital for equity through Archax’s regulatory compliant platform. Moreover, Launchpool projects who wish to issue a security token will now have an avenue through which to pursue this. This means firms will now have the opportunity to raise funds by following both regulated and unregulated pathways.
Richard Simpson, CEO at Launchpool, comments: “This partnership will not only offer new options for Launchpool’s community, it will also open up new investment opportunities for Archax’s investor community by providing access to token based projects in a regulated way. We believe that this partnership will also create strong synergies between the product offerings of both Launchpool and Archax.”
Graham Rodford, CEO at Archax, adds: “We are extremely excited about what the future holds for this collaboration. Linking the Archax uniquely regulated, global, digital asset ecosystem with Launchpool’s focus on the unregulated token world, brings the two core areas of the wider cryptoasset space together and creates all sorts of interesting opportunities for both parties. We look forward to working with Launchpool and building a broad joint community together.”
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