Blockchain Firm AlphaPoint Enhances Security Token Solution

Blockchain, News | April 1, 2019 By:

Blockchain firm AlphaPoint has enhanced its technology solutions for the issuance of asset-backed security tokens.

AlphaPoint is a global financial technology company helping institutions make illiquid assets liquid. Through its secure, scalable, and customizable distributed ledger platform, the company enables customers to digitize assets, as well as launch and operate markets.

In its announcement, AlphaPoint said that its upgraded enterprise-grade technology solutions for issuing security token offerings (STO) will enable institutions, such as private equity, real estate firms and funds, to create, issue, and trade tokenized securities in a secure, private environment. According to the firm, the solution has been upgraded to increase liquidity for high value asset classes.

AlphaPoint CEO Salil Donde said that the solution will enable financial institutions to both tokenize illiquid assets and trade those assets on an exchange or a licensed venue.

“As long-time participants in the blockchain technology ecosystem, we are enabling our customers to forge ahead with institutional adoption of security tokens as a means to streamline issuance, reduce deal costs via smart contracts, and optimize deal execution with the flexibility of the immutable ledger provided by STOs,” Donde said.

AlphaPoint also said that its asset digitization technology is already being used by “innovative industry leaders in key business verticals.” These include Muirfield Investment Partners, a real-rstate private equity firm that is using AlphaPoint’s Regulated Asset Backed TokenTM (RABT) framework to digitize shares in the form of EVER tokens, and Laureate Digital Securities Ltd., an asset management firm that will issue digital securities to provide numerous tangible benefits for their investors.

“The adoption of security tokens by the capital markets industry is accelerating, and AlphaPoint is excited to support our clients in their efforts to provide more efficient and less costly processes for capital formation, asset servicing, and secondary liquidity,” said Donde. “Blockchain technology provides new tools to drive transparency and trust between investors and issuers — a trend which AlphaPoint hopes to accelerate in the coming years for our customers.”