Blackmoon Financial Group launches crypto platform

Josiah Motley · August 2, 2017 · Short URL: https://vator.tv/n/49eb

The blockchain-based platform is intended for tokenized investment funds

The fintech and investment management company, Blackmoon Financial Group, has just launched a new platform based in the rapidly-growing field of cryptocurrency and blockchains. The platform can be utilized by asset managers to both create and manage legally compliant, tokenized, funds for clients.

In additional to the creation and management, Blackmoon Crypto, the holding company, also touts itself as a “one-stop shop” in that it will also take care of everything from technology and infrastructure all the way to the legal framework structuring, as well. Both the platform and its tokens are based on the Ethereum blockchain. Introducing tokenization of funds also has the additional benefits of traceability and transparency because all tokens can be traced through its lifetime transactions.

This structure helps explain things:

“Setting up the proper investment structure is a costly endeavour. Not all tokenized funds set up a proper structure, which leads to greater regulatory risk for investors,” Oleg Seydak, CEO of Blackmoon Financial Group explained. “Now is the time to introduce the industry standard for setting up tokenized investment vehicles that can attract investments from private individuals and institutional investors of any kind. That’s what the Blackmoon Crypto platform does; it pays attention to regulatory risk and bridges the gap between the fiat and crypto worlds.”

The entire ecosystem is still a bit of a mystery to many of us who have not spent time with it, even at a basic level (I’m currently the proud owner of $40 worth of Bitcoin in some random wallet somewhere), but its growing hype cannot be ignored. This new endeavor by Blackmoon Financial Group will help set them apart from the crowd as many businesses and ventures currently are either focused solely on cryptocurrency or attached to a tradeable asset like gold or silver. By introducing a system that allows for fiat investment opportunities it will provide new levels of diversification by manner of income sources.

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Josiah Motley

Contributor at various blogs, with a focus on tech, apps, gadgets, and gaming.

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