SharesPost and Securitize Announce Partnership to Facilitate Listing of Security Tokens
Securitize issuers now able to list security tokens on SharesPost platform, increasing liquidity and access
San Francisco, CA — August 23, 2018 — SharesPost, the leading provider of liquidity solutions to the private growth asset class, has partnered with Securitize, an end-to-end technology platform for tokenizing any asset, to enable security token issuers to list on the SharesPost platform. The partnership will help both investors and security token issuers by providing additional liquidity and accessibility to the growing global digital asset marketplace.
“We’re excited to partner with a robust and well-established marketplace for digital securities like SharesPost,” said Carlos Domingo, CEO of Securitize. “We continue to see rapid adoption of our Digital Securities Protocol across the globe and welcome further partnerships.”
Through this partnership, Securitize’s issuer clients will have access to one of the most established marketplaces for secondary transactions and digital securities. SharesPost has closed over $4 billion in unregistered securities transactions to date. Additionally, it will provide Securitize clients with access to a ready pool of experienced investors in the private securities space. Securitize previously disclosed that it has over 15 issuer clients, with several more set to come online and list on the SharesPost platform in the coming months.
“We’ve seen tremendous growth in the burgeoning security token market this year, and we’re excited to be partnering with Securitize as we expand our digital asset offerings,” said Gregory Brogger, Founder and CEO of SharesPost. “Securitize is a perfect partner for us. They bring a pipeline of strong token issuers and a market leading tech solution for both exchanges and issuers.”
SharesPost is a global leader in the private securities market, operating as a FINRA-registered broker-dealer and SEC-registered U.S. Alternative Trading System (ATS). Digital securities trading is expected to launch in H2 2018. The company has also been rapidly building out its GLASS network – a compliant, global network of exchanges and OTC pools facilitating the trading, certification, and custody of security tokens and tokenized assets. In recent weeks, major exchanges including OKCoin, Stellar Decentralized Exchange, and Huobi have all announced that they will be joining GLASS as exchange nodes alongside the SharesPost ATS when it launches in Q4 2018.
Securitize’s security token issuance platform, coupled with their Digital Securities Protocol, allows for seamlessly compliant trading of security tokens across multiple markets and exchanges. The partnership with SharesPost continues the trend of rapid adoption across the security token ecosystem.
For more information on SharesPost, visit SharesPost.com.
For more information on Securitize, visit Securitize.io.
About SharesPost, Inc.
SharesPost’s mission is to create liquidity for the private growth asset class. In 2009, SharesPost launched the first online secondary market for private technology company shares. Since then, SharesPost has connected thousands of buyers and sellers in more than $4 billion worth of transactions in the shares of more than 220 leading technology companies.
The SharesPost platform now also enables clients to access a variety of private market investment and liquidity solutions including (i) research and data on leading private technology companies, (ii) the SharesPost Private Growth Index, (iii) the SharesPost100 Fund, a registered closed-end interval fund providing all investors with easy access to the asset class, and (iv) SharesPost Lending, which enables private company shareholders to borrow against their shares. In 2017, SharesPost managed its first Initial Coin Offering and in 2018 announced plans to integrate trading of digital securities into the SharesPost platform.
SharesPost is a FINRA-registered broker-dealer, SEC registered Alternative Trading System and Registered Investment Advisor. For more information, please visit SharesPost.com.
About Securitize, Inc.
Securitize is a software platform for issuing and managing digital securities (security tokens) including dividends, distributions, and share buy-backs. Securitize’s innovative Digital Securities Protocol (DS Protocol) enables seamless, fully compliant trading across multiple markets simultaneously. As a market leader, Securitize is heavily invested in the overall security token space, and actively partners with exchanges, broker-dealers, custodians of crypto, escrow services, and other financial infrastructure for security tokens. For more information, visit securitize.io.