FinTech investment company BnkToTheFuture has officially announced its tokenized secondary market and due diligence platform for private securities of all types.
BnkToTheFuture said that it aims to offer real-time access, pricing, liquidity, and a transparent marketplace for trading private securities inclusive of equities. The new platform will let investors trade equity stakes in companies involved in bitcoin and blockchain space.
According to the company’s roadmap, BnkToTheFuture expects to launch the full tokenized securities marketplace in third quarter of 2018, with a target to launch 10 tokenized securities markets in Q4 2018. Furthermore, it also aims to develop a “BnkToTheFuture index” for bitcoin and blockchain companies listed on its platform next year.
“Investors want a trustworthy trading platform that gives first-mover access to new investments while complying with regulatory requirements,” said Simon Dixon, CEO of BnkToTheFuture. “We have engineered the BnkToTheFuture platform to provide this, along with the added benefits of employing the latest technology and incentives for participants to make updates about investments, so investors can track both the performance of their portfolios as well as other tokens they consider to be prospective investments.”
The company will use blockchain technology to allow the trading of security tokens. In addition, it will issue its own token “BFT” to support deal flow analysis, due diligence and investor relations on the platform.
The BFT token will grant existing users access to the platform’s multi-tiered membership for qualifying investors to access priority deals. It will also act as a reward to other BFT token holders who conduct, on behalf of the platform and community, due diligence on prospective deals, such as sourcing prospects or managing investor relations by giving status updates on a listed company’s progress.
BnkToTheFuture has over 45,000 qualifying investors and has channeled over $200 million investments in deals listed on its platform including BitFinex, BitStamp, Kraken, ShapeShift and over 100 others since 2011.
The public token sale is scheduled to launch in February 2018.
