Tagged: prime trust

Crowdfunding Firm DealMaker Named 3rd Fastest Growing Company in Canada, Reports Huge 500% Growth

DealMaker, a crowdfunding company based in Canada but providing services across the US, has been named the 3rd fastest growing company in Canada – reporting a huge 500% rate of growth. While based in Toronto, DealMaker reports 124 employees with a presence in both the… Read More

End of an Era: Prime Trust Exits Fund America Business that Started with Crowdfunding, Selects DealMaker as Preferred Option

Prime Trust, a longtime bulwark in the securities crowdfunding sector that has moved decisively into the digital asset industry, is exiting its Fund America business – an operation that started during the early days of crowdfunding in the US. The decision has been made due… Read More

Prime Trust Reports $100 Million Series B

Prime Trust, a custody provider and overall enabler of digital assets, has raised $100 million in Series B funding according to an email from the firm. Investors included FIS, Fin Capital, Mercato Partners, Kraken Ventures, Commerce Ventures, William Blair & Company, Decasonic, University Growth Fund,… Read More

Prime Trust Gains SOC 2 Type Certification

Prime Trust, a platform that enables both digital and traditional assets including custody, has gained a SOC 2 Type 2 certification for managing customer data, according to a company statement. David Pigott, Prime Trust Chief Security & Risk Officer, said the new certification is further… Read More

Investment Crowdfunding: The Importance of Securities Compliance with Online Capital Formation

The Importance of Compliance. Under the JOBS Act 0f 2012, online capital formation – or investment crowdfunding, became legal in the US. Three exemptions were created that enabled firms to raise money online to fund a company by selling securities. The legislation created Regulation Crowdfunding… Read More

METL Teams Up with Prime Trust to Become First “Decentralized” Fiat Gateway Infrastructure in the US on Avalanche

METL is introducing what it claims to be the first-ever decentralized fiat gateway infrastructure of its kind “bridging Web 2 to Web3 in collaboration with Prime Trust and Avalanche.” METL’s roots date back to 2018 when the first MVP was created, in order to demonstrate… Read More

Crowdfund Insider Launches Webinar Series Focusing on Investment Crowdfunding Revolution

Crowdfund Insider, a leading news and information website covering the emerging global industry of disruptive finance including investment crowdfunding, blockchain, and other forms of Fintech, has launched a six-part webinar series exploring and evaluating the ongoing US crowdfunding revolution, starting in February 2022. The JOBS… Read More

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

Send this to a friend