Keepp AS — a share company registered in Latvia, is the first security-token offering (STO) project listed on Fintelum tokenisation platform. The equity-token crowdfunding campaign aims to bring-in investors from Europe and beyond, offering an ability to invest in a euro-denominated security, using also cryptocurrencies, such as bitcoin and ether.
The investment project aims to scale market-proven network of short- and long-term self-service storage facilities. In the first phase, the project plans to develop across Riga, Latvia. In the next, Keepp targets Lithuania and Estonia, fully covering the Baltic States and later following with the expansion across Europe. This fundraise is…

Keepp — a share company, registered in Latvia is announcing plans for equity crowdfunding campaign assisted by technology and compliance provider Fintelum. In the unprecedented fundraise, Keepp will be issuing a security token on the Ethereum blockchain, representing the share ownership.

The EU-based business Keepp aims to scale market-proven network of short- and long-term self-service storage facilities. In the first phase, the project plans to develop across Riga, Latvia. In the next, Keepp targets Lithuania and Estonia, fully covering the Baltic States and later follow with the expansion across Europe.

Imagine yourself spending your bitcoin partying the Friday night in Paris, France and then the next day being lost for choice what to do in New York City, because there are close to 200 venues with an option to pay in cryptocurrencies.

Author: Liza Aizupiete
“Fintelum” Managing Director

Or, imagine that you are from a politically unstable jurisdiction, but with a relatively stable internet, which allows you to manage a personal online-wallet, or login to a crypto-exchange and invest with cryptocurrencies into a project from a favourable jurisdiction with a clear rule of law and transparent governance. Today, according to…

As we all know, the coronavirus outbreak has made a huge negative impact on people’s health, mental and financial state worldwide. One cannot possibly foresee the precise implications this crisis will entail, nor can anyone predict the time, when the world is up and fully running again.

As a fintech company that focuses on bringing together crowds of retail investors with businesses, we keep track on what is happening in the private sector, and things seem to be downcast. …

We are happy to share that Latvia has become an attractive jurisdiction to carry out security token offerings, thanks to the new prospectus exception amendment. As Fintelum team contributed towards these amendments, the CEO Liza Aizupiete comments:

In a bid to help startup and real-estate sectors access better funding options, the present changes to the securities law are making Latvia a more attractive EU member state for capital raising. The present regulatory environment allows Fintelum to serve small and medium-sized enterprises raising up to EUR 3 million, within 36 months, with lower capital markets entry barriers. Investors will be able…

In a move that aligns with Latvian pro-investment and digital innovation sentiments, lawmakers have amended the country’s securities law (FITL), which could potentially benefit the STO industry at large. The adjustments made through the Latvian prospectus exception make it much easier for small and medium companies (SMEs) to raise capital via a prospectus exempt public offering. Such prospectus exemption fits well within the tokenization framework, where issued equity can benefit from increased liquidity in the form of tokenized assets.

The Latvian prospectus exception showcases a forward-looking stance in regards to innovative financial tools, allowing for direct access of investors in…

By Joshua Stoner

A Global Perspective

With the year, and decade, coming to a close, we at securities.io thought it prudent to gauge industry sentiment as it stands. What is the current state of the digital securities sector? Is it better today than it was yesterday? Maybe those ‘in-the-know’ feel as though strategic work still needs to be done.

These are all queries that many may have, including us as securities.io. With this in mind, we have reached out to various representatives within the sector. Each hailing from differing regions of the globe.

The following commentary sheds insight into their thought processes, and…

Tokenisation is the second most important application for cryptocurrencies. Both utility tokens and security tokens offer a variety of benefits for issuers and investors. With security tokens, however, compliance is of importance. Find out the benefits and nuances of issuing blockchain-based financial instruments.

Thanks to OKEx for organising this event, as well as Bankera and MyWish Platform for new insights and productive discussions.

Originally published at https://news.fintelum.com on November 27, 2019.

Recent troubles in the Baltic & Nordic banking sector: how does that affect FinTech businesses?

RECENT TROUBLES IN THE BALTIC & NORDIC BANKING SECTOR: HOW DOES THAT AFFECT FINTECH BUSINESSES?

10th annual Baltic M&A and Private Equity Forum event features FinTech discussion panel, moderated by Liza Aizupiete, Fintelum and participants:

Event organised by:

Special thanks to the main organiser Eva Berlaus of Sorainen Latvija.

Originally published at https://news.fintelum.com on November 20, 2019.

Ultimately, we’re on the bleeding edge here. This is a good sign of momentum, processes and best practices and successful issuances are happening in Europe. It certainly seems like there are many that are meant to be upcoming and, of course, we expect that to exponentially grow.

We’ve been in this industry for quite a while and when we first started, it seemed like the U.S. was really the only jurisdiction that is trying to pioneer security tokens.

Now we’re really starting to see Europe grow and flourish in this space, which is fantastic. As we said so many times…

Fintelum

#TokeniseYourAssets — Equity/debt tokenisation, crypto crowdfunding, KYC/AML, token transfer agency, P2P trading desk, corp actions, advisory

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