Considered the father of the JOBS Act, Weild is also a member of KoreConX Advisory Board
[New York, NY – September 25, 2018] – KoreConX is proud to announce David Weild IV as the keynote speaker at the KoreSummit to be held in New York on October 3. Weild joined the company’s Board of Advisors in June and is now one of the main figures in the first event about the KoreToken, a fully compliant security token developed by the organization.
Weild brings a unique expertise to the event, as he is considered the father of the JOBS Act. Weild’s co-authored studies have documented the long-term decline in equity capital formation in the United States and provided core arguments that gave rise to the JOBS Act that was signed by President Obama in April 2012.
Weild is also a former Vice Chairman and executive committee member of The NASDAQ Stock Market and spent several years running Wall Street investment banking and equity capital markets businesses. He is now dedicated to his own company, Weild & Co., in which he acts as CEO and Chairman.
“The importance of fully-compliant tokenized securities is becoming more and more evident in the financial markets,” said David Weild IV. “KoreConX takes that to a whole new level by incorporating regulatory compliance that manages the entire lifecycle of a security in multiple jurisdictions around the world. It is exciting to be part of a revolution that will improve access to capital and reduce costs for entrepreneurs.”
David was also recently asked to author a study for the Organization of Economic Cooperation and Development (OECD) entitled “Making Stock Markets Work to Support Economic Growth” and presented in April 2013 in draft form to the 35 member nations of the OECD, IOSCO and the European Commission.
“We are honored to have David Weild as part of the KoreConX journey in revolutionizing the global private company capital markets, his vast knowledge of the private capital markets formation is crucial to the overall success of our company,” said Oscar Jofre, co-founder and CEO of KoreConX.
Weild will be speaking at the KoreSummit New York. The event is free and invite-only. For more information about the KoreSummit, visit: https://koresummit.io/
KoreConX is the world’s first highly-secure permissioned blockchain ecosystem for fully-compliant tokenized securities worldwide.
To ensure compliance with securities regulation and corporate law, the KoreConX all-in-one, AI-based blockchain platform manages the full lifecycle of tokenized securities including the issuance, trading, clearing, settlement, management, reporting, corporate actions, and custodianship. KoreConX connects companies to the capital markets and secondary markets facilitating access to capital and liquidity for private investors.
KoreConX is the first secure, all-in-one platform for private companies to manage their capital market activity and stakeholder communications. Removing the burden of fragmented systems and inefficient tools across multiple vendors, KoreConX offers a single environment to connect companies, investors and broker/dealers. Leveraged for investor relations and fundraising, private companies can share and manage corporate records and investments including portfolio management, capitalization table management, virtual minute book, security registers, transfer agent services and virtual deal rooms for raising capital.