Top Stories
SharesPost Announces Strategic Partnership with Leading Blockchain Advisory Firm Satis GroupPublished : 6 years ago, on
Partnership will provide security token issuers with streamlined access to secondary trading and advisory services
San Francisco, CA —SharesPost, a leading provider of private company liquidity solutions and private capital markets research, has announced a strategic partnership with Satis Group LLC d/b/a Corinthian Partners LLC, a premier advisory firm for Security Token Offerings (STO). Satis is the first partner participating in SharesPost’s newly-launched global Advisor Partner Program.
The partnership will result in a referral relationship between the two firms, whereby Satis will refer security token issuer clients to SharesPost for ICO’s and secondary trading on its Alternative Trading Platform (ATS), and SharesPost will refer its issuer clients to Satis for end-to-end advisory services.
Greg Brogger, Founder and CEO of SharesPost, said: “For SharesPost, partnering with a leading advisory group like Satis is the perfect way to launch our Advisor Partner Program. Satis will augment its full-suite of advisory services with SharesPost’s ICO and secondary trading marketplace. So issuers will get the benefit of both Satis’ expertise with deal structuring, token economics, and investor outreach and online distribution to SharesPost’s 50,000 accredited investors. We believe that this combination of expert advisory services and compliant transactional platform is exactly what security token issuers have been looking for.”
SharesPost is planning to launch its security token marketplace in H2 2018, leveraging its current, operational ATS and experience in the private capital market to provide primary issuers with a primary issuance platform and an accessible secondary trading venue. Satis Group has advised on the sale of more than $100 million worth of tokens, including security tokens BCAP, Science Blockchain, and Protos. The firm will now be able to provide its full-suite of advisory services to issuers who plan to issue and trade on the SharesPost security ATS, optimizing the issuers’ offering execution and providing them a compliant secondary trading platform.
Emma Channing, Co-Founder and General Counsel of Satis Group, said: “SharesPost is a trusted name with private growth companies and entrepreneurs and has integrated appropriate regulatory compliance into its platform. We think that there is an extraordinary future for security tokens but key to that are compliant issuance and secondary trading platforms and SharesPost is a leader in the space. We couldn’t be more delighted to partner with this highly-reputed and respected platform.”
The current agreement includes a two-way preferred arrangement between SharesPost and Satis Group in the U.S. market. For more information on SharesPost, please visithttps://SharesPost.com/. SharesPost is interested in working with leading issuer advisory firms globally to facilitate secondary trading in security tokens as part of its Advisor Partner Program. For additional information on Satis Group please visithttp://satisgroup.io/.
-
Investing3 days ago
Exclusive-Kioxia sets IPO price range of 1,390-1,520 yen per share, sources say
-
Finance3 days ago
Exclusive-Worldline attracts early stage interest from private equity firms, sources say
-
Finance3 days ago
PZU aims to sell Alior Bank shares to Pekao under new strategy
-
Business3 days ago
Prosus nearly doubles profit in H1 on strong e-commerce, Tencent growth