KoreConX expands from Wall Street to Silicon Valley
The company is opening new offices in New York and San Francisco
[New York, NY – November 08, 2018] – KoreConX, the all-in-one business platform, is expanding its frontiers and will now be present in both the East and the West coasts in the USA. The company was already present in several events regarding Security Tokens in both cities and will now have permanent offices in those areas.
Steve Ferrando will assume the Director of Business Development position in NYC and will be in charge of KoreConX’s operations in the city. He has over thirty-five years of experience working with firms ranging from small startups to large international investment banks with the majority of that time being spent on traditional financial services as well as alternative finance.
“I’m excited to join the KoreConX team and help our clients to conduct their capital raises using our fully automated, regulatory compliant platform. With offices in some of the world’s leading financial centers, it’s an honor to be heading up our newly opened NY office,” said Steve Ferrando. “Although digital finance is a truly global undertaking, New York is an incredibly important market for us.”
In San Francisco, Byron Sanders will be in charge of KoreConX operations and is the new Director of Business Development in that area. He began his career in the regulated crowdfunding space in 2015 when his company started working with Fund America (acquired by Prime Trust). He then worked in the technology transfer and licensing industry as Business Developer for Tynax, a patent market exchange in Silicon Valley. Byron is also a former master distributor for Sprint (NYSE: S) and Boost Mobile with Platinum Wireless, Inc and Tracfone (NASD: AMOV) with Rushstar Wireless, Inc.
“I’m excited to join the KoreConX team to help further its mission of revolutionizing global private capital markets. It is important for KoreConX to be present in San Francisco, due to its large community of startups, tech talent, venture capital, broker-dealers, blockchain companies and professionals, who are all needed to develop this new asset class,” said Byron Sanders. “The global securities market is a multi-trillion dollar industry, and it is an honor to work with the team who was instrumental in getting The JOBS Act signed into law by President Barack Obama.”
“We are very excited to have Steve in New York and Byron in San Francisco. KoreConX is a fintech company, which means that we need to be in tune with the finance industry without forgetting the technological aspect of our business. This makes it crucial for us to be present in both Wall Street and Silicon Valley,” said Oscar Jofre, co-founder & CEO at KoreConX. “We are very excited about our new offices and confident that new and great partnerships will come from those areas.”
Other than New York and San Francisco, KoreConX is present in the cities of Chicago and Jacksonville in the US. The company also has offices in Canada, Peru, UAE, China, Singapore, and Australia.
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.