DealBox Announces Partnership With Token IQ, The Securities Token Platform
Token IQ is a major platform for asset tokenization. It is fully compliant with all government regulations. They recently announced that they have signed a partnership deal with Dealbox. The DealBox Company is a DLT incubator that also has a crowdfunding feature. With this partnership, Token IQ will use its platform as a launch pad for DealBox users. As part of the deal, DealBox will invest some equity into Token IQ.
How This Deal Benefits Everyone
Investors and issuers of tokens will all benefit from the proprietary Token IQ platform. With the help of Token IQ, DealBox will deliver KYC and AML to verify who is buying the tokens. This will ensure that people who do not legally qualify to own tokens cannot access them. The Token IQ platform will also ensure that it is possible to recover tokens safely. Thus, it will be possible to comply with all laws regarding securities.
What The Leaders Said
According to the co-creator and president of Token IQ, Mr. Dyo, it is beneficial for every company to have complaint tokens that are safe and easy to trade with. He added that,
“DealBox was a leader in the STO sector. With the use of Token IQ technology, they can now pull ahead of the competition in creating tokens that are compliant with all laws.”
The CEO and creator of DealBox said that they explored various options before they settled on Token IQ. They found that this company was able to help them achieve the needs that token issuers needed. He added that they were happy to offer solutions powered by this platform to their customers.
Token IQ is a leader in fractionalization and tokenization of assets. Their deal with DealBox will ensure that the world can access the possibilities of the DLT technology. As a result, they can solve the various challenges companies face. They could also help to revolutionize how organizations go about engaging their investors.
About Token IQ
The company was created in 2017 and has gone on to become a leader in SaaS blockchain technology. It focuses on providing customers with various solutions needed to achieve the tokenization of their assets. Token IQ technology makes it possible to turn any asset into compliant tokens, thus eliminating the need for a middleman.
Because of this, their customers benefit from lower fees and smooth operating environment. The solutions offered by the company ensure that it is easier to acquire capital. Additionally, they help to unlock the liquidity of assets that have traditionally not had any liquidity. With this technology, any company can now launch tokens with full confidence that they are complying with the law.
The company has its headquarters in Carlsbad California. It bills itself as a full-service consulting firm for the fintech industry. It offers compliant solutions for companies in this industry seeking capital. They usually specialize in cannabis and blockchain startups. The company offers fintechs access to the institutional crowdfunding token market. This is a market with over 150,000 recognized users. It caters to High net worth people, RIAs, Family Offices, and funds.