Categories: Blockchain

20|30 accepted to FCA regulatory sandbox

It will now begin testing its platform, which is the result of a partnership with the Pillar Project, a non-profit foundation building a wallet for cryptocurrencies and tokens. The test will be conducted using Nivaura’s integration with the London Stock Exchange Group’s Turquoise platform.

20|30 Founder David Siegel comments: “This is a significant milestone for our team. For the first time, our integration with the Turquoise platform will demonstrate a regulatory compliant way for institutional investors to purchase equity tokens. We believe this is an important first step to building a new digital foundation for capital markets.”

“The next step,” adds co-founder Tomer Sofinzon, “will be to offer secondary transfers. Then we can work our way up the ‘capital stack’ to reinvent private equity and, eventually, public markets.”

Scott Thompson

Scott has been working in technology and business journalism for nearly 20 years, with a focus on FinTech, retail, payments and disruptive technology. He has been Editor of such titles as FStech, Retail Systems and IBS Journal and also contributed to the likes of Retail Technology Innovation Hub, PaymentEye, bobsguide, Essential Retail, Open Banking Hub, TechHQ and Internet of Business.

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