AmaZix and Issuance Join Hands to Support to Compliant Security Token Offerings (STOs)
AmaZix and Issuance Join Hands to Bring Support to Compliant Security Token Offerings (STOs)
AmaZix, a company specializing is providing community management and social engagement services for cryptocurrency-based projects, has collaborated with Issuance, a fintech marketing firm, in a bid to support cryptocurrency investors for Security Token Offerings (STOs).
Speaking about the partnership, the CEO of AmaZix Jonas Karlberg, acknowledged that ICOs still have a place when it comes to funding startups, adding crypto projects have to deal with compliance and regulations. In his own words, he said that:
“While ICOs will still represent an important tool for blockchain startups globally, there is a growing acceptance that along with legitimization and recognition for the underlying blockchain technology, cryptocurrency must be able to deal with regulations and compliance. STOs will be inherently more difficult, costlier and more time-consuming to launch, but Issuance have an impeccable understanding of the market and AmaZix are proud to have sealed this cooperation with such capable partners.”
The CEO of Issuance Darren Marbel, on the other hand, had the following to say about the collaboration:
“Smart money wants a simple process. It wants digital assets that are blockchain-based and are compliant with federal securities law. At the same time, companies also want a compliant way to raise capital. We believe that our expertise allows us to fill a huge gap in STO advisory for companies, while our strategic partnership with AmaZix puts us into meaningful reach with investors who want in on the next big thing.”
Issuance to Offer ICOs with Necessary Tools to Execute Successful Compliant Offering
The popularity of ICOs has been growing over time, with last year seeing the peak of this crowdfunding method. By mid-2018, the market listing of new cryptocurrencies had reached a whopping 2,000 as many crypto projects took to the mainstream. But according to AmaZix, these cryptocurrency projects have experienced many challenges when it comes to gaining the much-needed recognition and legitimacy, not to mention increased regulatory scrutiny.
Thanks to the experience that Issuance has in marketing some of the biggest offering in the industry, it brings to the table tools and resources needed to conduct a successful and compliant offering.
AmaZix, on the other hand, will complement Issuance’s expertise, engaging investors to convince them to go for STOs.