MLG Blockchain and GB Capital Markets LLC, the parent of GB Capital Markets Inc. (GBCM) have announced that both companies have agreed to form a joint venture.
MLG is a global consulting development and financial solutions firm, while GB Capital Markets LLC, the parent of GB Capital Markets Inc. (GBCM), a FINRA-registered broker-dealer.
The two companies have partnered to bring together token issuers and accredited investors for investment in SEC compliant offerings. Under the agreement, MLG Blockchain will be able to provide global clients access to a significant and growing investor base through GBCM.
GB Capital Markets provides a suite of financial services for the digital asset space. Its team members have significant experience in providing compliant fundraising solutions in the blockchain legal and regulatory landscape.
Lee A. Schneider, President of GB Capital Markets LLC said the company is pleased to enter into this arrangement with MLG Blockchain at a key time in the growth of the blockchain ecosystem. He stated that the strategic alliances with the right group in this early stage of blockchain are critical.
“MLG Blockchain has a proven track record of working with successful blockchain projects, and GB Capital Markets is looking forward to expanding its global reach through this collaboration,”
said Scott Rothman, President of GB Capital Markets Inc.
“This is a strategic milestone for us,”
said Kyle Fry, CFO at MLG Blockchain.
“By teaming with an experienced brokerage and investment team we continue to bring a proactive approach to the evolving blockchain regulatory landscape.”
On their part, Michael Gord, CEO of MLG Blockchain also express excitement over the joint venture and the opportunity to partner with GB Capital Markets LLC to provide their clients access to seamless compliant fundraising solutions and our accredited investor network with high-quality digital asset investment opportunities.
Gord said there is a real demand from their clients who want to connect with serious, accredited investors. With the guidance and regulatory status of GBCM as a FINRA-registered broker-dealer, this new joint venture moves the company into a unique position in the blockchain ecosystem.