seriesOne Inc., a globally focused digital security issuance platform, is partnering with Polymath. The company says the goal is to simplify the complex challenges of creating and managing security tokens (blockchain-based digital securities). The new partnership seeks to enable the ability to issue security tokens as well as to trade them on secondary platforms.
The partnership with Polymath allows issuers to create and manage digital assets that are compliant throughout their entire lifecycle. seriesOne CTO Dmitry Grinberg says they believe that the token control layer offered by Polymath will become the industry-wide standard.
Late in 2018, seriesOne announced a joint venture with Bithumb, a top crypto exchange, to build a digital securities exchange in the U.S.
“We are confident that working with the Polymath team using the ST-20 protocol will enhance the process of raising capital on our platform.”
Kevin North, CEO of Polymath, said that seriesOne has filled a specific demand for turnkey funding:
“We are thrilled to be the chosen technology standard for the seriesOne platform, and we look forward to demonstrating yet again how industry can work together to set a standard for creating and managing a successful Security Token Offering (STO).”
seriesOne, led by executives with over 20 years of traditional investment banking, venture capital and technology experience, is entering its partnership with Polymath at a time of rapid expansion for the company.
seriesOne can issue securities under the full stack of US exemptions including, Reg D, Reg A+, Reg CF and Reg S for international offers.