Blackmoon Crypto Demonstrates the Future of Tokenized Investing
Blackmoon Crypto, as the platform is titled, proposes to create and maintain a viable system for tokenized funds within a legally complied environment.
Blackmoon Financial Group, an international FinTech, and investment management company, recently launched a new blockchain platform for tokenized investing.
Blackmoon Crypto, as the platform is titled, proposes to create and maintain a viable system for tokenized funds within a legally complied environment. These funds, according to founders Oleg Seydak and Ilya Perekopsy, combine the best of both crypto and conventional markets. While the flexibility of blockchain assets benefit fiat instruments, and the financial wisdom of traditional markets powers crypto investments.
Crypto Universe Meets Traditional Investment Markets
Blackmoon Crypto is an interesting marriage of two industries, to say the least. While conventional markets mostly comply with existing regulations, the legal future of token issuance is still unclear. Just recently, the US Securities and Exchange Commission (SEC) proposed to bring the issuance and sale of digital tokens under the existing Securities Laws.
The core functionality of Blackmoon Crypto is to enable experienced and approved asset managers to create and manage tokenized funds. The platform is hell-bent in ensuring that these solutions are presented to investors in a legally-compliant manner. As the Blackmoon Financial Group confirmed, it will be applying for a broker dealer license in the US in about 9-12 months from the time of press. In the meantime, the company will maintain its global expansion plans. Excerpt from the Whitepaper:
“We are helping to expand the boundaries of investment possibilities and to encourage regulators to recognize blockchain tools as the new reality in classical financial markets. Ultimately, Blackmoon Crypto aims to be the benchmark for tokenized investment funds and vehicles that invest in traditional investment instruments as well as in emerging distributed economy opportunities.”
Distribution of Blackmoon Crypto Tokens
With no plans of additional issuance, Blackmoon Crypto will be minting its institutionalized, Ethereum-based digital tokens, BMC, during the distribution period, which starts on September 12. BMCs are implemented as token-as-a-currency instruments, as well as receive proceeds from the Blackmoon Crypto Platform by Continuous Contributors.
The capital raised from the sale of BMC tokens will be mostly allocated towards the development of Blackmoon Crypto platform over the next five years.
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