Ongoing Projects – Stay Updated and Reach Out!
See below to find out who my clients are. I would appreciate the opportunity to discuss my current projects further with you.
A. Our UK based client is delivering a crucial service to the global financial community, providing a utility for treasury teams in banks and NBFIs to profitably capitalise their illiquid assets in a regulated, Basel and accounting compliant manner. By recategorization of assets, billions of dollars of regulatory capital is released from balance sheets, as well as receiving cash for assets sold. We allow for both reselling and raising fresh capital for clients, in whole or in part, connecting them with a deep pool of professional investors.
The service harnesses the power of blockchain technology, allied to a dedicated capital market and with full UK regulatory compliance. The approach splits each financial asset thousands of asset-backed tokens, making it both accessible for investors and tradable, using an auction approach to capture and aggregate best-offers for the assets and allowing them to be traded and settled for fiat currency on a T+1 basis.
The company provides information and credit ratings around these products, management services, and the capital markets upon which they can be traded. Repayments and coupons flow directly into the registered bank accounts of tokenholders, with the value of tokens falling in line with both that and the outlook on the company, before finally being burned at settlement.
There are two phases to the capital raise – a smaller amount to fund the proof of concept, working with Archax, a regulated digital capital market provider. This will deliver up to 3 tokenised loan resales from banks and last c.8 months. The Series A launch follows on the back of this, delivering a co-branded capital market under Aquis’ Exchange’s regulatory umbrella, with Liquidity’s provided from within the Bank of England’s Digital Securities Sandbox. Their timeline on the project is for a c.60-month period, either exiting through an IPO, trade sale or sale to members to fully embed the service within the financial system. At the end of this period, we aim to have regulated capital markets in London, Paris, New York, Singapore and Abu Dhabi, serving the global investment community.
Revenue derives from three major areas. The first is our initial token offering, taking a percentage to create, auction and distribute the tokens. The second is on the trading of the tokens, and the final source is the management of the underlying debt on behalf of all the tokenholders. Additional revenue sources are from membership fees and sales of data. Investors in the PoC stage will have preference in participation for the Series A, although a lot of interest currently exists in this market. Partners in the project include Archax, Aquis Exchange, Moody’s, InterSystems, Simmons & Simmons, KPMG and others.