Symbiont and Templum Partner For Smart Securities In Private Markets

Blockchain, FinTech, Innovation, Investing | February 25, 2019 By:

 Symbiont.io Inc., a financial technology company delivering enterprise blockchain solutions, has joined forces with Templum Inc, a technology company for the private markets.

Templum will leverage and embed Symbiont’s Assembly as their blockchain and smart contract technology for its regulated, end-to-end solutions for raising capital and secondary trading platform, Templum Markets. Together, Templum and Symbiont are transforming the $3T issuance market of private securities.

“The technology infrastructure Symbiont has built is best in class,” said Christopher Pallotta CEO and co-founder of Templum. “Symbiont and Templum share a common vision for modernizing private markets. Forging a partnership to combine our innovations in the private markets is a natural next step and a goal we’ve been working towards for a long time.”  

The financial capital markets are in the process of a multi-decade transition, with the rise of digital assets and smart securities. The deal claims it will provide global investors with greater access to capital, facilitate the creation of new financial instruments, and create new liquidity.

“At Symbiont, we take a very disciplined approach to forming partnerships with a laser focus on solving real problems in the financial markets. We are proud to announce our partnership with Templum, a company that shares our drive to reinvent the marketplace for digital assets and smart contracts,” said Mark Smith, CEO and co-founder of Symbiont.