The collaboration sees Australians now able to create a compliant security token issuing for investors in Australia, New Zealand, Singapore, and the United States.
We are thrilled to announce Nugget’s News has partnered with Melbourne-based Konkrete to launch a fully regulated end-to-end security tokenisation platform and exchange. It is our aim to establish this joint offering as the go-to destination for Australians looking to launch a security token offering (STO) in a manner that is legally compliant in Australia and various international jurisdictions.
In realising the growing anticipation surrounding STOs, both Nugget’s News and Konkrete deemed it worthwhile to combine our unique, value-adding properties and create a solution for Australians that encompasses the many stages involved with tokenising and issuing securities based on real estate, company equity, investment funds, or any other asset capable of being tokenised on a blockchain.
By utilising the combined expertise of Nugget’s News and Konkrete, clients looking to launch an STO can expect to receive assistance in areas of project development, security tokenisation, issuance, legal compliance, along with a host of other support services.
“Konkrete is pleased to have partnered with Nugget’s News to help drive forward the STO space in Australia. We look forward to leveraging our expertise in compliant security tokenisation,” said Sean Qian, co-founder of Konkrete, which is working toward launching its ASIC-compliant distributed share registry by the middle of this year.
“Nugget’s News has long been helping Australian blockchain-based startups reach their potential. As the industry and its regulations continue evolving, it is great to be able to join forces with a team as diligent and experienced as Konkrete to know we are launching securities in a fully compliant fashion.” – Alex Saunders (Founder & CEO, Nugget’s News)
For readers interested in finding out more about what Nugget’s News and Konkrete are offering, please head to this dedicated website. Here, visitors can also learn about the various benefits of security tokens and the wealth of experience accumulated by Konkrete. We encourage readers to follow @NuggetsNewsAU, @AlexSaundersAU, and @Konkreteblk on Twitter for future updates on today’s co-launched STO solution.
You can find the page HERE