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Andra Capital recently announced the industry's plans to launch its own Security Token Offering based on Silicon Valley Coin. The acquired funds are to be allocated to the development of the technology fund Open Ended Technology.
Silicon Valley Coin
Official announcement on the emissions of Silicon Valley Coin (SVC) Andra Capital released on January 22 this year. According to its content, investors are to be guaranteed a high return with a shorter investment period, which is one of the greatest advantages of the offer.
SVC jest token fully compliant with regulations, transferable and secured assets. Each one token represents a unit of interest in Open-Ended Technology. The whole enterprise bodes for further development STO on the US market
Also check: The leaders of the Security Token sector share their predictions for 2020
Open Ended Technology
Open-Ended Technology deserves special attention for many reasons. First of all, it should be emphasized that the subject of his interest are primarily companies in the hyper-growth phase.
This allows entities responsible for managing funds to combine the late phase of the investment strategy with the risk capital structure that is permanent in nature, including activities based on innovative technologies.
Cooperation with Tezos and TokenSoft
Andra Capital she was very ambitious about the new project, as evidenced by the fact that international service providers are involved in it, including with the Foundation Tezos - Andra decided to use in her undertaking just blockchain Tezos.
The company became the second partner TokenSoftwhich is to provide access to technology tokenizacji.
Her task will be, among others integration of KYC and AML protocols - without meeting their requirements, SVC tokens will not be able to be exchanged or transferred. TokenSoft will also be responsible for release and handling Silicon Valley Coin.
