Securrency, a leading developer of institutional grade, blockchain-based financial and regulatory technology, announced that it has received a United States patent for its Compliance Aware Token® Framework (CATF). This framework is a critical step in Securrency’s four-phase vision that includes:
In landmark pilot projects with global regulatory agencies and in commercial deployments with world-class financial institutions, Securrency has demonstrated how CATF can solve some of the most pressing issues for digital assets by allowing issuers, their agents, and intermediaries to:
Dan Doney, CEO of Securrency, said: “A massive wave of regulated asset tokenization is fast approaching. Basic tokenization without sophisticated, automated compliance isn’t going to cut it when it comes to equities, public funds, fixed income products, and fiat currencies. Financial service providers will need to implement tokenization solutions that encompass identity, security, risk, transaction, and liquidity rules to succeed in a digital assets market that is expected to reach over $16 trillion by 2030. This requires new ways to scale compliance, and our patented Compliance Aware Token Framework will be the foundation for achieving this critical industry milestone.”
Jonathan Steinberg, CEO, WisdomTree, said: “We expect all financial assets to eventually move onto blockchain infrastructure. As first-movers, WisdomTree and Securrency are focused on leading the way with a sophisticated, compliance-centered approach to blockchain-enabled financial products and services as we create the digital marketplaces of the future.”
Nadine Chakar, EVP, State Street said: “Compliance is fundamental to the evolution of digital assets as it will expand global access to capital and investments, help with institutional adoption, and allow for appropriate regulations. As an early investor in Securrency, we saw the potential of the company’s compliance technology as a key element in State Street’s digital asset strategy.”
Securrency’s Compliance Aware Token® Framework simplifies critical functions like custody, transfer agency, and regulatory compliance and is enabled by four key components of Securrency’s Capital Markets Platform:
Securrency is a financial and regulatory technology company that is harnessing the power of blockchain to deliver white-labeled, institutional-grade digital asset marketplaces and stimulate global liquidity. Securrency is driving change at the core of financial services via a fully interoperable and patented Compliance Aware Token® Framework that interconnects traditional financial platforms and next generation blockchain networks.
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