SMART VALOR Unveils Early Access Program at Crypto Summit Switzerland
SMART VALOR to operate as a currency exchange out of Liechtenstein and applied for banking license in Liechtenstein
Oct 29, 2018, 10:45 ET
ZURICH, Oct. 29, 2018 /PRNewswire/ -- Crypto Summit: SMART VALOR, the world's first fully compliant marketplace for tokenized alternative assets and security tokens, today launched its Early Access Program for investors and issuers.
Limited to 5,000 participants, the Early Access Program will give investors and issuers the opportunity to shape the direction of the world's first marketplace for tokenized assets.
The first 5,000 to sign up will earn financial benefits for active contribution, distributed in VALOR token, the platform's own cryptocurrency. They will also enjoy full access to the first listings of digital assets from Q1 2019, and to security tokens from Q2 2019.
Olga Feldmeier, CEO, SMART VALOR, said: "The tokenization of real-world assets is a huge leap forward in alternative investments, dwarfing everything we've seen so far with cryptocurrencies. SMART VALOR is building the first infrastructure for enterprise-grade issuance and distribution of tokenized securities, catalyzing the shift to digital financial products."
Interested parties can sign up for the SMART VALOR Early Access Program here.
SMART VALOR to operate as a currency exchange out of Liechtenstein
The world's first tokenized assets marketplace has received confirmation from FMA, Liechtenstein's Financial Supervisory Authority, to operate the platform for utility and payment tokens out of Lichtenstein. For this purpose, SMART VALOR announces the establishment of a Liechtenstein subsidiary. This builds on SMART VALOR's approval to operate as a financial intermediary in Switzerland and is a prerequisite for launching its full exchange platform for cryptocurrencies and other non-security digital assets.
To enable the full range of offerings including security tokens, SMART VALOR has applied for a banking license for its Liechtenstein subsidiary, benefiting from simplifications introduced to the banking license legislation earlier. It expects to launch fully in Liechtenstein on receipt of the license.
Olga Feldmeier commented: "We chose Liechtenstein as it allows us to be present in both the Swiss Franc area and the EU banking passporting system. It will allow us to be a first mover in areas vital to the further development of the SMART VALOR platform."
"The blockchain industry is still in need of a place of trust and regulatory certainty," she continued. "A tradition of sustainable wealth management and respect for privacy and security are the key components of building a successful global brand for the new generation of digital assets. With that, the strategic positioning of SMART VALOR in Switzerland and Liechtenstein becomes a key competitive advantage."
Notes for Editors
Olga Feldmeier, CEO of Switzerland-based SMART VALOR, is well known in the blockchain industry for pioneering the first Bitcoin regulatory approval in Switzerland in 2015. For more information, see https://www.linkedin.com/in/olga-feldmeier.
Press inquiries:
[email protected] / +41 (0) 79 935 3203
About SMART VALOR:
SMART VALOR is a Swiss-based fintech company building the world's first decentralized marketplace for tokenized alternative investments and security token. Its mission is to leverage tokenization to democratize access to wealth. For more information, please visit www.smartvalor.com.
SOURCE SMART VALOR