Follow us on or join ours

Horizon Globex US, a software provider for the security tokens sector, has signed a license agreement with V Stock Transfer, a transfer agent listed in the SEC and a registrar, the subject of which is internal software called CustodyWare,

From now on VStock will be able to supervise tokens issued in accordance with the following regulations: Reg D, Reg A +, Reg S or S-1.

Both the supervision itself and the operation of transfer agents are constantly raised issues in the area Security Token Offering (STO)CustodyWare created by Horizon Globex is the first, fully compliant product on the American market, ensuring supervision of the sector security tokens, as well as efficient trading in them on the secondary market. According to representatives of VStock, the steps taken result from the conviction that a transfer agent is necessary for the regulation of security tokens.

CustodyWare, on the other hand, is a product that may prove to be crucial to maintaining the integrity of the STO market. The more that, as he emphasizes Yoel Goldfeder, a board member of VStock, although a large proportion of market players are in favor of abandoning the regulation of trading in tokens, when it comes to fraud, they turn to the regulator for help.

After the maintenance period established by Regulation D, exchange eminences may only allow for a fully secondary trade that requires a registered transfer agent. He answers, among others for canceling and re-issuing tokens when keys are lost by a private investor, as well as for paying out dividends. In addition, the CustodyWare service integrates the KYC and AML procedures provided by Horizon Globex in order to preserve the identity of the token holders. The digital signature confirming the holder's identity is held by the company in a block network Ethereum, while actual identity documentation is securely stored by the transfer agent.

5 / 5 - (5 votes) is a cryptocurrency site run by a crypto team of enthusiasts. The main area of ​​our interest are cryptocurrencies, tokens, personal tokens as well as blockchain technology. On the pages of our website we will present independent cryptocurrency reviews and interesting articles from the market. In addition, we present the current rates of all critics. The site also has a multi-functional cryptocurrency calculator as well as traditional currencies.

The information published on the cryptocurrency website are not financial recommendations and do not constitute investment recommendations within the meaning of the Regulation of the Minister of Finance of 19 October 2005 on information being recommendations regarding financial instruments, their issuers or issuers (Journal of Laws of 2005, No. 206, item 1715). The information published on the pages of the portal does not constitute an offer. is not responsible for any decisions taken under the influence of data presented on the Website. Portal does not bear any responsibility for the possible use of information on the website.

Investments in OTC market instruments, including currency exchange rate (CFD) contracts, due to the use of the leverage mechanism, entail the possibility of incurring losses exceeding the value of the deposit. It is not possible to make a profit on transactions on OTC instruments, including currency exchange contracts (CFDs) without risking a loss, therefore contracts for exchange differences (CFDs) may not be suitable for all investors.

© Copyright 2019

My Newsletter

Sign Up For Updates & Newsletters