Tagged: prime trust

Three Trends that We predict Will Shape Investment Crowdfunding in 2022

Investment crowdfunding took off when the JOBS Act regulation went into effect back in 2016 and has become a booming industry in short order. We saw some significant regulatory changes in March of this year, with the Securities and Exchange Commission (SEC) confirming capital formation… Read More

Prime Trust Expands Functionality of Platform, Adds to Liquidity for Clients

Prime Trust, an infrastructure platform for Fintechs as well as digital asset service providers says it is growing its liquidity pool to “ensure scalability and reliability for customers.” Simultaneously, Prime Trust has announced a new white-label debit card program accessible to all integrators who use… Read More

Prime Trust Adds Elliptic Technology to Grow B2B Crypto Business

Elliptic, a provider of blockchain analytics and crypto compliance solutions, today announced an agreement with US-based financial infrastructure provider Prime Trust, which aims to help fintech innovators launch quickly and scale securely in today’s digital economy. Prime Trust, which recently announced the close of a… Read More

Prime Trust Raises $64 Million Series A, Reports Topping $100 Million in Annual Revenue

Prime Trust, an infrastructure Fintech that provides key services to financial services like custody, has raised $64 million at an undisclosed valuation. Simultaneously, Prime Trust said it is currently generating $100 million run rate in annual revenue. The funding round was led by Mercato Partners,… Read More

Fintech Prime Trust Receives ISO/IEC 27001:2013 Designation

Prime Trust has received ISO/IEC 27001:2013 designation, certifying that the company meets the financial industry’s most stringent information security management standards. Prime Trust is an infrastructure Fintech that provides compliant services such as custody, settlement and a growing number of APIs to facilitate innovative financial… Read More

Prime Trust Changes: Tom Pageler Promoted to CEO; Scott Purcell Named CEO of Holding Company Prime Core Technologies

  Prime Trust, a blockchain-driven trust company, has made some changes in its team. According to Scott Purcell, Founder of Prime Trust, Tom Pageler has been promoted from President and COO to become Prime Trust’s new CEO.  As previously reported, Pageler was appointed President and… Read More

tZERO Announces New Partnership With Prime Trust

tZERO, a blockchain-focused subsidiary of Overstock.com (NASDAQ:OSTK), announced on Wednesday it has formed a partnership with Prime Trust, a blockchain-driven trust company. According to tZERO, the new collaboration supports the custody of digital assets, including securities and cryptocurrencies, by users directly with Prime Trust. It… Read More

Zytara Teams Up With Prime Trust to Launch ZUSD Stablecoin

U.S. fintech Zytara announced on Tuesday it has teamed up with Prime Trust to launch its Zytara Dollar (ZUSD) stablecoin. According to Zytara, ZUSD will be 100% collateralized with a corresponding USD held with Prime Trust, redeemable through Prime Trust at a 1:1 ratio and… Read More

Prime Trust Debuts Proprietary Core Banking Software For Fractional Assets

Prime Trust, a blockchain-driven trust company, announced on Friday the launch of PrimeCore, which is a proprietary core banking software for fractional assets, including cryptocurrency. According to Prime Trust, PrimeCore operates as a secure, cloud-based SaaS that is accessible entirely through Application Programming Interfaces (APIs)…. Read More

Prime Trust Announces Integration With Bittrex

Prime Trust, a blockchain-driven trust company, announced on Tuesday it has API integrated Bittrex, a blockchain tech and cryptocurrency exchange. The integration allows traders to move fiat on the exchange in real time and on a limitless basis. While sharing more details about the integration,… Read More

Prime Trust Now Supports Stellar

Prime Trust has added Stellar (Stellar Lumens – XLM) to its list of supported cryptocurrencies. Prime Trust said addition has been made in response to the overwhelming demand from customers. Stellar is one of a few blockchains that have been favored by digital securities issuers…. Read More

Prime Trust Teams Up With Acuant For All-In-One Trusted Identity Platform

  Prime Trust, a blockchain-driven trust company, has teamed up with global identity verification provider Acuant for identity verification and complain to meet Anti-Money Laundering (AML) regulations, manage fraud and fight financial crime, through its All-In-One Trusted Identity platform. Prime Trust reported it is integrating… Read More

It’s Time for the Definition of an Accredited Investor to Change and Allow Greater Access to Individual Investors

Later this week, the Securities and Exchange Commission (SEC) will update the definition of an Accredited Investor – a rule that has been in place for decades. An open meeting of the Commission is scheduled for Wednesday, August 26, 2020. The current rule allows individuals… Read More

In the Land of Fintech, Prime Trust is Killing It

  Prime Trust is a fast-growing Fintech and securities custody provider that appears to be in the midst of hockey stick trajectory. This week, in a widely distributed email, Prime Trust founder and CEO Scott Purcell outlined the transition from startup, to market traction, to… Read More

Prime Trust Hires Former JPMorgan Exec as New President and COO

Prime Trust, a custody platform and Fintech that just about every online capital formation platform in the US utilizes, has hired Tom Pageler as President & COO, according to an email distributed by founder and CEO Scott Purcell. Pageler has a long resume of working… Read More

Zon Chu: CEO at Cryptocurrency backed Peer to Peer Lender Constant Talks About Millenials Looking for Agile Fintech Services

    We recently caught up with Zon Chu, CEO at Constant, a “fully secured” peer-to-peer (P2P) lending platform. Constant started as a stablecoin project in 2019 (CONST) announced at CES but has since morphed into a lending platform. Constant notes that P2P lending has… Read More

Vertalo and Advantage Blockchain Partner on Tokenized Real Estate Offerings, Plans to Use Tezos and Trade on tZero

Vertalo, a digital asset platform facilitating security tokens, has partnered with Advantage Blockchain in a collaboration to tokenize real estate offerings. Advantage Blockchain seeks to provide services to real estate professionals, publicly-traded and private companies, and individuals who want to use blockchain technology According to… Read More

Prime Trust Statement: Built to Survive and Thrive in Perilous Times

The Coronavirus spawned market meltdown is impacting all aspects of society. Both small and large firms are attempting to assess how to survive while staying healthy. Every company that is able to is work remotely has already migrated to a virtual environment. Access to capital… Read More

Celsius Network Teams Up With Prime Trust to Secure Depositor Funds & Offer Low-Cost Credit

Celsius Network, a cryptocurrency lending, and borrowing platform, announced on Monday it has formed a new partnership with Prime Trust, a custody and escrow platform providing services to both traditional and digital assets, to offer its retail and institutional clients custodial services from several global… Read More

Huge Win: AOIP Members Comment on SEC Proposal to Improve Capital Formation

This week the Securities and Exchange Commission released a proposal to amend multiple securities exemptions. The proposed amendments to the exemption ecosystem may dramatically impact online capital formation for the better. These changes could make it easier for firms to raise money online while helping… Read More

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