Polymath Security Token Platform and CrowdEngine Link Up to Create Full Coin Issuance Assistance
Polymath, the world popular security token platform, is readying itself to get more investors to venture into security token offerings. It has already partnered with a famous CrowdEngine – a white-label issuance platform.
We've teamed up with CrowdEngine, a white-label issuance platform, to enable Polymath issuers to easily and quickly onboard investors for security token offerings.https://t.co/nF6u7EyUf2
— Polymath (@PolymathNetwork) May 29, 2019
One of the benefits the partnership will bring forth is the hassle-free procedure of launching a compliant security token offering platforms. The total amount of time required will have been reduced from months to weeks. And this will means that issuers will get investors onboard and immediately raise funds for their projects.
The essence of CrowdEngine in the whole partnership is to help with all that concerns setting up KYC/AML, escrow payments as well as investor accreditation. It is feature-rich, with each of the hundreds of features developed in accordance with the trusted Compliance Engine technology.
In fact, as Polymath's head of Tokenization, Graeme Moore, puts it, CrowdEngine isn't a newcomer in the world of crowdfunding and investor management. It is one of the most trusted tools, having been helping many issuers since 2014. He added that the fact that CrowdEngine could offer issuers with a website that's totally ready-to-market makes would mean their issuers will find it ideal to stick to Polymath.
CrowdEngine's CEO Jim Borzilleri also sees the partnership as the much-needed to boost in their quest to expand their burgeoning security token market. It gives Polymath token promoters an easier, more budget-friendly route before it is eventually launched. Furthermore, the partnership is sure to help lessen the journey typically covered before one launches a fully compliant ST-20 token standard offering.
CrowdEngine's white-label solution is in place to help whitelist BTC/ERC-20 wallet address, perform KYC and ID verification covering 190 jurisdictions and several other roles. Other reasons why issuers should be feeling happy about this partnership are the fact that they'll be able to roll out their own branded token sale sites in weeks.
CrowdEngine is one of the largest fintech solutions providers, having been actively offering successful token sale campaigns since 2017. It has grown to support all major token offerings, including Reg A+, Reg D, Reg S and Reg CF. It also deals in KYC/AML, BTC/ERC-20 payments, escrow, and investor accreditation.
Polymath Network is arguably the leading security token platform in the world. Basically, it is a decentralized platform where the process of creating and managing security tokens is significantly reduced. It does this by simplifying the hard-to-break technical aspects of building security tokens, helping link the Blockchain industry to the multi-trillion dollar securities industry.