Tagged: prime trust

March 3, 2022 @ 4:55 pm By JD Alois  |  

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

February 11, 2022 @ 12:07 pm By Omar Faridi  |  

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

January 20, 2022 @ 10:42 pm By JD Alois  |  

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

November 1, 2021 @ 8:49 am By Erin Holloway  |  

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

October 25, 2021 @ 4:31 pm By JD Alois  |  

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

September 30, 2021 @ 3:42 pm By Tony Zerucha  |  

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

July 28, 2021 @ 11:47 am By JD Alois  |  

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

July 20, 2021 @ 2:35 pm By JD Alois  |  

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

January 28, 2021 @ 9:10 am By Samantha Hurst  |  

  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

January 27, 2021 @ 2:15 pm By Samantha Hurst  |  

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

December 15, 2020 @ 10:07 am By Samantha Hurst  |  

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

October 30, 2020 @ 9:39 am By Samantha Hurst  |  

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

October 13, 2020 @ 10:10 am By Samantha Hurst  |  

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

October 8, 2020 @ 9:39 pm By JD Alois  |  

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

September 24, 2020 @ 8:09 am By Samantha Hurst  |  

  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

August 23, 2020 @ 7:30 pm By JD Alois  |  

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

July 29, 2020 @ 11:36 am By JD Alois  |  

  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

June 1, 2020 @ 12:40 pm By JD Alois  |  

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

May 18, 2020 @ 8:00 am By Omar Faridi  |  

    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

April 17, 2020 @ 5:42 pm By JD Alois  |  

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