Tag: KoreConX

KoreConX CEO and Co-Founder Oscar A. Jofre Talks About Crowdfunding From the Investor’s Perspective

Oscar A. Jofre is currently one of the Top 10 Global Thought Leaders in Equity Crowdfunding and a Top 5 Fintech Influencer. Other names brought to the table include Maureen Murat (Crowdie Advisors, LLC); and Jordan Fishfeld (CFX Markets)

KoreConX CEO and Co-Founder, Oscar A. Jofre is part of a special webinar, hosted by Financial Poise Webinars. “Crowdfunding from the Investor’s Perspective” airs on November 17th, 1:00 PM CST, and is an essential part of the “Crowdfunding 2022” series with co-production by West LegalEdCenter™.

The event is an opportunity to show how raising money online differs from traditional methods of capital raising. It begins with a basic overview of the new regulatory regime, the requirements to invest, and the onboarding process one should expect. Then, the guests dive deeper into the market opportunity, including how to access and select investments, and the expectations investors should set for themselves and the projects they select. This is not intended to support any specific deal selection, but instead sheds light upon the basic selection criteria available, the proper approach to investing, and what to avoid.

This webinar focuses on the kinds of opportunities that crowdfunding makes available to the investor, and how the investor should go about navigating this new world. As Oscar explains, “Crowdfunding creates opportunities for companies and investors. From an investor perspective, it is necessary to understand the possibilities and limitations of this kind of investment to assure a positive experience for all parties involved”.

About KoreConX

Founded in 2016, KoreConX offers the first secure, All-In-One platform that manages private companies’ capital market activity and stakeholder communications. With an innovative approach to ensure compliance with securities regulations and corporate law, KoreConX offers a single environment to connect companies, capital markets, and secondary markets. Investors, broker-dealers, law firms, accountants, and investor acquisition firms leverage our ecosystem solution. For investor relations and fundraising, the platform enables private companies to share and manage corporate records and investments: it assists with portfolio management, capitalization table, shareholder management, virtual minute book, security registration, transfer agent services, and virtual dealrooms for raising capital. 

About Financial Poise

The primary mission of Financial Poise™ is to provide reliable plain English business, financial, and legal education to individual investors, entrepreneurs, business owners, and executives, and to help trusted advisors do the same. Financial Poise content is created by seasoned, respected experts who are invited to join our Faculty only after being recommended by a current Faculty Member. Our editorial staff then works to make sure all content is easily digestible. Financial Poise is a meritocracy; nobody can “buy” their way into the Financial Poise Faculty.

Cannabis Companies Can Raise Money Using Credit Cards with KoreConX Technology

Whether these companies are using RegA+, RegCF or RegD, they are now able to accept investments via credit cards from investors using KoreConX All-In-One Platform, without the abusive high fees normally charged from companies in this sector

 

NEW YORK, October 17, 2022 (Newswire.com) – KoreConX’s innovative approach to the cannabis ecosystem enables companies to raise money by accepting credit cards. It sounds like a simple solution, but it can actually revolutionize how the sector operates. Using the exemptions of Regulation A+, Regulation CF or Regulation D, companies can easily turn their customers and brand advocates into shareholders.

KoreConX has enabled credit card acceptance and escrow providers in their platform, ending the issue of high fees that were traditionally charged from this sector due to a perceived higher risk and lack of nationwide legalization, especially in the USA. Although legal for medicinal and adult recreational use in some states, there are still obstacles that cannabis companies face regarding their capital needs.

Nonetheless, President Joe Biden’s announcement that all federal convictions for simple marijuana possession were to be pardoned is a milestone in the continued growth of the cannabis sector. According to Grand View Research Institute, market size was valued at USD 13.2 billion in 2021 and USD 16.7 billion in 2022, with a revenue forecast of USD 102.2 billion for 2030, which would represent a compound annual growth rate (CAGR) of 25.5% from 2022 to 2030.

Secure platform

Companies in the cannabis sector had found it difficult to raise capital in the traditional capital markets, making the private capital market a more viable option. KoreConX All-In-One Platform uses its proprietary solution based on blockchain – the KoreChain – to make transactions and shareholder management safe for investors and entrepreneurs.

“Our Platform can be integrated with the company’s URL, making it user-friendly and reducing the risk of taking users to other websites,” explains Oscar Jofre, CEO and co-founder of KoreConX. The innovation for the cannabis ecosystem is the possibility to make customers into shareholders, by making investing easy. “Our partnership with SecureTranz allows the credit card use, as well as providing options to complement wire transfer, ACH and crypto payments,” explains Oscar.

KoreSummit

In a clear display of support for the sector, KoreConX is putting together a team of specialists in their next KoreSummit – Pocket Sessions | Empowering Growth. Covering topics from the preparations to the offering promotion, and choosing the best regulation, panels with sector experts will be available daily, from Oct. 24 to 28. Learn more on the event website.

About KoreConX

Founded in 2016, KoreConX provides the first secure online infrastructure for private companies to conveniently and compliantly manage every aspect of their capital market activities, from issuing securities to shareholder relations. Investors, broker-dealers, law firms, accountants and investor acquisition firms, all leverage our ecosystem solution. KoreConX also maintains a large online library of educational content to help companies navigate their capital-raising journey.

KoreConX Onboards Arcview Capital to Strengthen Cannabis Ecosystem

The arrival of Arcview Capital as a new KorePartner opens new possibilities for the promising cannabis sector. Companies raising capital or investors can now rely on technology, market leadership and security to operate in this area

NEW YORK, September 29, 2022 (Newswire.com) – KoreConX unveils a new partnership that connects the technology available inside the KoreConx All-In-One Platform with the broker-dealer expertise provided by Arcview Capital in the cannabis industry.

It is known that President Biden discussed marijuana matters at Labor Day meetings. Some reasons for that may be found among some interesting numbers: according to Cannabis Business Times, annual global cannabis sales will grow from $30 billion in 2021 to $57 billion in 2026, a compound annual growth rate (CAGR) of almost 13%. In the United States, cannabis sales will grow from $25 billion in 2021 to $42 billion in 2026, which will make up 75% of total global cannabis sales.

Oscar Jofre, CEO and co-founder of KoreConX, is excited to see the expanding possibilities: “It is time to take this discussion – and the companies around it – to another level. Whether we are debating medical or adult use, there is a market with great opportunities for investors, entrepreneurs and researchers,” says Oscar Jofre.

Brian MacDonald, Managing Director at Arcview Capital, is thrilled to be part of this new blockchain-based reliable ecosystem as a new KorePartner. “As broker-dealers, it is more than fundamental that we can partner with important players like KoreConX. We share the same beliefs, same market understanding, and we are happy to witness the creation of more jobs, more research, and the empowerment of startups, making our economy stronger and more solid.”

Cannabis companies can use the exemptions from the JOBS Act to raise money using either Regulation A (RegA+), which enables companies to raise up to $75 million every 12 months, or $5 million through Regulation CF (RegCF). This is a special opportunity for this sector, considering that non-accredited investors, such as brand advocates, can become shareholders and partners of companies they support.

About KoreConX

Founded in 2016, KoreConX offers the first secure, All-In-One platform that manages private companies’ capital market activity and stakeholder communications. Investors, broker-dealers, law firms, accountants and investor acquisition firms, all leverage our ecosystem solution. For investor relations and fundraising, the platform enables private companies to share and manage corporate records and investments: it assists with portfolio management, capitalization table and shareholder management, virtual minute book, security registration, transfer agent services, and virtual dealrooms for raising capital. 

About Arcview Capital

Arcview Capital is an independent broker-dealer focused primarily on the ever-evolving cannabis industry. The firm helps companies raise capital while simultaneously providing the opportunity for institutions and individuals to invest into private companies and funds. Arcview Capital is an integral part of The Arcview Group ecosystem. The Arcview Group is an ecosystem of financial and consulting services and has been a trusted global leader for over 12 years. For more information, visit www.arcviewcapital.com.

 

KoreConX Onboards Arcview Capital to Strengthen Cannabis Ecosystem

KoreConX Airs Show on Fintech.TV to Educate Entrepreneurs on Capital Markets

KoreConX All-In-One Platform helps companies raise capital compliantly using Regulation A and Regulation CF. On FintechTV, CEO and co-founder Oscar Jofre and the whole team of specialists will talk about technology, finances, and entrepreneurship

NEW CITY, N.Y., September 16, 2022 (Newswire.com) – KoreConX and Fintech.TV launch a new content-based collaboration that will enrich the content for viewers. With expertise in the private capital market, the KoreConX team will start airing their content on Monday, Sept. 19, 11 AM EDT to talk about Digital Asset Headlines.

But that is, literally, just the beginning: Oscar Jofre, CEO and co-founder of KoreConX, will be on a weekly basis helping bring educational content on Regulation A (RegA+) and Regulation CF (RegCF) to help entrepreneurs raise up to $75 million every 12 months for their businesses.

“When we put together accredited and non-accredited investors, there are around 4.7 billion people in the world that are able to invest using the regulations derived from the JOBS Act. That is why we believe that education is the only way to help entrepreneurship flourish and keep companies growing,” says Oscar Jofre. Some projections show that the private capital market could reach $30 billion by 2030. This data shows how relevant it is for companies at all stages to learn how to access this capital.

Fintech.TV Co-founder and Head of Programming & News, Troy McGuire, is thrilled to have KoreConX team on air: “We are looking forward to adding their expertise to our programming and to our website. KoreConX has the technology, the expertise, and the right team to bring knowledge to our audience. What they have been doing shows how sharing and educating can have very positive impacts on the economy.”

The live shows will air on the Fintech.TV website. The Fintech.TV team will also co-host some episodes of KoreTalkX, KoreConX’s biweekly podcast on Spotify.

About KoreConX

Since 2016, KoreConX is the first secure All-In-One platform that manages private companies’ capital market activity and stakeholder communications. With an innovative approach to ensure compliance with securities regulations and corporate law, KoreConX offers a single environment to connect companies, capital markets and secondary markets. Investors, broker-dealers, law firms, accountants and investor acquisition firms, all leverage our ecosystem solution. For investor relations and fundraising, the platform enables private companies to share and manage corporate records and investments: it assists with portfolio management, capitalization table and shareholder management, virtual minute book, security registration, transfer agent services, and virtual dealrooms for raising capital. 

About FINTECH.TV                                                

FINTECH.TV is a global media platform bringing top thought leadership interviews in finance, blockchain, technology, sustainability, impact investing, SDGs, and ESG. With a studio presence at leading international exchanges, including the New York Stock Exchange, NASDAQ, and the London Stock Exchange, FINTECH.TV is distributed globally on their digital and broadcast platform. 

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Media Contacts:
KoreConX
Rafael Gonçalves
rafael@koreconx.com

Partnership Strengthens Growing Industries Raising Private Capital

In another strategic move, KoreConX All-In-One Platform announces partnership with Fundopolis, an online investment bank specializing in exempt offerings and private placement capital allocation, as a way to keep creating more opportunities for entrepreneurs.

At first, Fundopolis was a KoreClient, attracted by its industry leading state of the art platform dedicated to processing and recordkeeping issuer and investor transactions in Exempt Capital-Raising Offerings, specifically RegCF and RegA+ offerings. Fundopolis uses KoreConX´s technology for their capital market activities.

As KorePartners, Fundopolis, a FINRA Broker-dealer registered in all 50 states, is eager to make their expertise available to the whole private capital ecosystem. With expertise in sectors such as real estate and cannabis, the online bank offers experience in these ever-expanding industries, guiding private companies as they navigate the complex regulatory space while introducing them to investors who share their vision for the future. Fundopolis is also part of the ecosystem for RegD, RegCF, and RegA+ offerings providing the FINRA broker dealer services to help companies raise capital.

“Beyond that, we understand that the investment landscape is constantly changing, and we pride ourselves on approaching the entire process with an eye on what is possible. As a recordkeeping transfer agent and escrow platform, we believe KoreConX is the perfect partner for Fundopolis, providing access to a vast ecosystem of investors and issuers,” says Bert Pearsall, CEO & Managing Principal at Fundopolis.

Co-founder and CEO at KoreConX, Oscar A. Jofre, acknowledges Fundopolis as a highly rated KorePartner. “When we first met, as a KoreClient, we saw a great potential and a lot of opportunities ahead of us. Since our solution unites tools to securely and efficiently manage business data and facilitate compliance during all the capital raising process regardless of where they are in this cycle, it was only natural to add them to our valuable team of KorePartners.”

About KoreConX

Founded in 2016, KoreConX is the first secure, All-In-One platform that manages private companies’ capital market activity and stakeholder communications. With an innovative approach and to ensure compliance with securities regulations and corporate law, KoreConX offers a single environment to connect companies to the capital markets and now secondary markets. Additionally, investors, broker-dealers, law firms, accountants and investor acquisition firms, all leverage our eco-system solution. For investor relations and fundraising, the platform enables private companies to share and manage corporate records and investments: it assists with portfolio management, capitalization table and shareholder management, virtual minute book, security registration, transfer agent services, and virtual deal rooms for raising capital.

KoreConX All-In-One Platform announces partnership with Fundopolis. Read more in our blog.

RegA+ 2020 Online Summit #24 March 2020

LEARN THE STEPS TO RAISE CAPITAL FOR THE COMPANY

Bringing all the experts to the convenience of the desktop

 [New York, NY – 24 March 2020 ] – KoreConX is pleased to announce the world’s premier online conference dedicated to Regulation A+ (RegA+) with Keynote by David Weild IV, the Father of the JOBS Act and former Vice-Chairman of the NASDAQ. RegA+ and it’s continued evolution is the culmination of the dream of many thought-leaders for the democratization of capital without losing any of the protections for investors.

RegA+, introduced by the SEC in Title IV of the JOBS Act, outlines the rules for equity crowdfunding of up to $50 million in capital from investors (including unaccredited investors) which the SEC is now looking to increase to $75M USD. 

‘Face Everything And Rise Up’ 

In a world faced with challenges, the Digital Securities Consortium founded by KoreConX and its partners is supporting capital raising by growing companies and start-ups. The members of the Consortium rise up and, with the help of all the partners, bring to private companies this invaluable free online event filled with the nuts and bolts of capital raising.  For companies that would like to learn how RegA+ might be useful for raising capital, this is a must-attend event. There will be lots of advice and guidance from professionals across every discipline required to achieve the capital raising goals.   

The event’s unmatched line-up of speakers, who bring thought leadership in RegA+, will cover end-to-end all the answers that companies in the USA, Canada, and abroad need in order to do a RegA+ offering.  

The line-up includes Sara Hanks, Nicolas Messe, Jillian Soditi, Louis Bevilacqua, Jamie Ostrow, Andrew Stephenson, Nancee Tegeder, Andrew Corn, Vincent Morinelli, Dr. Kiran Garimella, Jason Futko, Etan Butler, Robert Foley, Elliot Chun, Jake Gallagher, Jeffrey Ramson, Steven Marshall, Eric Fischgrund, Jame West, Jonathan Heymann, Mark Roderick, David Gosselin, James Jones, Elliot Chun, and Carl Dawson.

Here is what the RegA+ 2020 Summit will cover:

  • Legal Overview of RegA+
  • Audit
  • Legal RegA+ for Canada based  companies
  • IRA (Individual Retirement Accounts) for RegA+
  • Structure and Strategy of a RegA+ Offering
  • Investor Acquisition & Distribution
  • Legal RegA+ for Company based outside USA, Canada 
  • Role of Broker-Dealer
  • Public Relations, Investor Relations, Social Media, and Press
  • Digital Securities for RegA+
  • Secondary Market (for post-raise trading)
  • Transfer Agent
  • Shareholder Management & Communications

Here’s how to participate in the RegA+ 2020 Summit: Visit the event website to see the agenda, read the bios of the esteemed speakers, and register.

www.KoreSummit.io          #RegA2020      #koreconx

Learn, enjoy, and take the necessary steps from the comfort of home or office.

About KoreConX

KoreConX is the world’s first highly-secure permissioned blockchain ecosystem for fully-compliant digital 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 digital 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.  www.KoreConX.io

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Media Contacts:

KoreConX

Oscar A Jofre

oscar@koreconx.io

KoreConX Launches RegA+ all-in-one investment platform #20 February 2020

KoreConX Launches RegA+ All-In-One Investment Platform

RegA+ complete end to end solution

[New York, NY – 20 February 2020 ] – KoreConX is thrilled to announce the launch of the Regulation A+ all-in-one investment platform, providing companies with an all-in-one solution to manage their capital raise. 

“When the platform that the company uses to service its shareholders, board members, and management also includes transfer agent and investor relations functions, it makes it so much easier because of real-time access to data on shareholders and to a record of all communications to and from them.” – Ram Venkat, Elegance Brands

RegA+, introduced by the SEC in Title IV of the JOBS Act, outlines the rules for equity crowdfunding of up to $50 million in capital from investors (including unaccredited investors). RegA+ is comprised of two tiers, Tier I and Tier II.

“The JOBS Act made a seldom-used exemption from public registration suddenly practical by raising the Reg. A proceeds cap from $5 million to  $50 million per issuer per year under ‘Tier 2’ creating a ‘lite’ form of public registration and reporting. Under Tier 2 Reg. A+, as it is commonly called, US and Canadian companies can access large numbers of public investors in the United States, file a lite registration statement (Form 1-A) with the US Securities & Exchange Commission, be exempt from State by State registration, and investors can access company filings on the SEC’s EDGAR. This helps ‘democratize’ investor access by making available earlier-stage offerings.  The KoreConX all-in-one platform helps companies carry out either Tier 1 or Tier 2 offerings that are fully compliant with broker-dealers and transfer agents.”

David Weild IV, “Father of the JOBS Act”, former Vice Chairman of NASDAQ,  

Chairman & CEO of Weild & Co.  

The RegA+ all-in-one investment platform offers companies the technology platform needed to raise capital and for managing their activities after the financing round has been completed. The secure platform provides companies with access to an Invest button on the company’s website that is connected to Broker-Dealers for Compliance (including management of KYC, ID, AML, eSignature, and Payments) and registered transfer agent to satisfy ongoing SEC requirements.  The private branded all-in-one platform also has many other features that are crucial to operating a business and simplifying compliance such as: CapTable Management, Investor Relations, DealRoom, BoardRoom, Minutebook management/organized data storage, and Portfolio Management for shareholders.  

‘The RegA+ market is getting better established and now is the right time to bring to light an entire ecosystem that is a combination of technology and providers who have experience working on RegA+ offerings.  The KoreConX all-in-one platform is going to change the market by removing the friction between the providers who are servicing the RegA+ companies.” – Sara Hanks, CEO CrowdCheck

Supporting the RegA+ all-in-one solution are leaders in their respective fiends.  Legal partners (such as CrowdCheck and Bevilacqua), marketing and IR partners (such as PCG Advisory, Marketing Results, and E5AIM), and many others. Dalmore Group, Winston, and Weild & Co. serve as broker-dealers for compliance throughout the investment process. Molinari Media and Midas are expert media partners. KoreTransfer is a transfer agent. 

“KoreConX has created a complete infrastructure of trust, so that companies can raise capital in an efficient and compliant manner with all required services on one platform.  This infrastructure streamlines the capital raising process and simplifies the management of securities following the offering.” – Louis A. Bevilacqua, Bevilacqua PLLC

“The KoreConX all-in-one solution for RegA+ equity raises has been needed for a long time. Finally, we now have a platform that really supports a company’s RegA+ offering, the  brand of the issuer, and which is affordable and incredibly effective. Simply put, KoreConX’s all-in-one solution delivers impactful results for a successful capital raise. This is a win-win for everyone (company, lawyers, auditors, investors, broker-dealers, marketing firms, PR firms, media, transfer agents, shareholders, and compliance officers). Now, companies participating in a RegA+ raise can better manage the whole process with transparency from start to finish.” 

Nicolas Messe, Marketing Results Inc.

 

www.KoreConX.io/RegA

 

 About KoreConX 

KoreConX is the world’s first highly-secure permissioned blockchain ecosystem for fully-compliant digital 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 digital 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.  www.KoreConX.io

www.KoreConX.io/RegA

Chairman of Leading Cryptofund joins KoreConX Board of Advisors #22 May 2019

Howard Atkinson brings more than three decades of experience in the financial services industry

[New York, NY – May 22, 2019] – KoreConX, the first all-in-one business platform for private companies, is proud to announce that Howard Atkinson is joining the company’s Board of Advisors.

Mr. Atkinson is the chairman of the Board of Directors of 3iQ, a Canadian-based multi-cryptoasset investment fund that recently launched a Global Cryptoasset Fund, the first institutional-quality investment portfolio offering diversified exposure to the world’s top cryptocurrencies, as well as to active managers in the crypto-digital space.

In addition to that, Howard Atkinson has also been in the financial services industry for over three decades with experience in investment advisory, investment management, capital markets, and the C suite. His roles have included positions in sales, marketing, sales management and corporate spokesman spanning Canada, United States, Asia, and South America.

His board experience spans across both public and private companies as well as not-for-profit organizations.  He has also authored four books, including “The New Investment Frontier III: A Guide to Exchange Traded Funds for Canadians”.

“I’m excited to be able to follow KoreConX’s work closely and to be part of this journey. The financial markets are changing at an ever-increasing pace, and we need companies such as this to lay out the infrastructure for what’s coming,” said Mr. Atkinson.

“We are thrilled to be able to count on Howard’s expertise in the capital markets field. He is one of the few that truly understands the transformations we are experiencing in the private markets and we are positive he is a great addition to the KoreConX family,” said Oscar Jofre, Co-Founder & CEO at KoreConX.

About KoreConX

KoreConX is the world’s first highly-secure permissioned blockchain ecosystem for fully-compliant digital 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 digital 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.

www.KoreConX.io

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$250 Million Digital Securities Offering for the Mining Sector with KoreConX #14 May 2019

PCFCapital, a global leader in the mining sector, selects KoreConX

[New York, NY – 14 May 2019] – PCF Capital Group, a leading capital advisory firm in the mining sector launching a $250 million dollar Digital Securities Offering has chosen the KoreConX multi-jurisdictional protocol, KoreProtocol, for their Offering.

This is the world’s largest capital raise for the mining sector utilizing Digital Securities. The total raise is $250 Million Digital Securities Offering which will be open to accredited investors, institutional investors and family offices in the USA, Cayman Islands, Australia, Canada, UK, UAE, Singapore, and Hong Kong. The KoreProtocol will allow PCF Capital to maintain compliance across all jurisdictions and investors.

KoreConX will provide the all-in-one platform as well, it will connect PCF Capital with its KorePartner ecosystem that is global to allow PCF Capital to instantly start marketing its offering in multiple jurisdictions with regulated partners. KoreConX ecosystem consists of Broker-Dealers, secondary markets platforms, Investors Relations, marketing, media and securities lawyers in multiple jurisdictions.

The KoreConX all-in-one platform provides PCF Capital peace of mind. The platform allows PCF Capital to create, design, test their Digital Securities and manage all their new shareholders by utilizing the captable, investor relations features. For the PCF Capital shareholders, there are no wallets that will put them at risk, since KoreConX all-in-one platform provides them a portfolio management feature

“We are a global company that requires a global solution. We selected KoreConX because it will allow us to remain compliant with regulations not only in the USA and Australia but in multiple other jurisdictions around the world,” said Liam Twigger, CEO of PCF Capital. “This is a very important step in the history of PCF and we want to make sure our investors are protected and have a platform to be able to manage the entire lifecycle of the digital securities. That’s why we are using the best possible tools for the job.”

PCF Capital Group was founded in 1999 in Perth, Australia, with a focus on serving clients in the mining and resource sector. The company has now offices in seven countries in five continents and has executed over 120 mine divestment and project financing mandates for over $2 Billion. Their clients represent a broad range of mining companies including exploration focused juniors, growth-oriented mid-tiers, and globally diversified mining majors.

“We are disruptors and what better way to do that than work with one of the world’s oldest sectors adopting Digital Securities for their offering. PCF Capital’s global reputation in the mining sector made the decision easy for us to bring them on as clients to our platform,” said Oscar Jofre, Co-Founder and CEO at KoreConX. “Now is the time for the traditional investor to understand the value and trust of digital securities. Having a global offering of this magnitude heavily investing in a Digital Securities Offering is great for the industry as a whole. Many more will follow once the infrastructure is in place for it, and this is what we are doing with the KoreProtocol.”

About KoreConX

KoreConX is the world’s first highly-secure permissioned blockchain ecosystem for fully-compliant digital 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 digital 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. www.koreconx.com

About PCF Capital Group

PCF Capital Group is an independent, corporate advisory firm focused on serving clients in the resource sector.

PCF Capital Group was founded in 1999 in Perth, Western Australia, and their team has executed over 120 mine divestment and project financing mandates for over $2.0B. The team at PCF Capital Group has an international presence and an extensive corporate network.

The company offers a range of corporate advisory services to the mining and resource sector. These include providing strategic corporate advice, conducting asset divestment processes and assisting in raising debt facilities.

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Webinar Brings together top Reg A+ Lawyer and Issuance Platform on April 30th #24 April 2019

Sara Hanks and Darren Marble will discuss Regulation A+ Capital Raising in the USA

[New York, NY – April 24, 2019] – Aiming to clarify much of the confusion surrounding the Digital Securities industry and the legislation surrounding it, KoreConX presents the webinar “Regulation A (Reg A+) for Issuers: Due Diligence, Disclosure and Compliance Meeting the Requirements of Securities Law”.

Addressing the frequently ask questions; who qualifies to raise capital under the Reg A+, what are the benefits of the regulation, and what are the potential downfalls. Everything lawyers, CEOs and CFOs need to know before, during and after filing for Reg A+ in the United States.

To tackle such a complicated topic, KoreConX brings two experts: Sara Hanks, a top attorney with over 30 years experience in the corporate and securities field and Co-Founder and CEO at CrowdCheck, and Darren Marble, Co-Founder and CEO at Issuance.

“I’m really excited to be part of this initiative. After the approval of the JOBS Act in 2012, we’ve come a long way, but there’s still a great deal of confusion when dealing with Reg A,” says Sara Hanks. “And this legislation is such an opportunity for small and medium enterprises, that it’s crucial for companies to understand it.”

“I’ve had the pleasure to be part of the last webinar and it was such a great experience. We had a positive response from the audience and I’m eager to know what questions the public has in mind for such a complex topic,” said Darren Marble. “This is a great way not only to pass along our knowledge but also to understand what are the main concerns the public have regarding Reg A+.”

The webinar will be held on Tuesday, April 30th, at 11 am EST.

To register for the event, click here: Registration

About KoreConX

KoreConX is the world’s first highly-secure permissioned blockchain ecosystem for fully-compliant digital 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 digital 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.

www.KoreConX.io

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Leading Investment Fund Manager Selects KoreConX Digital Securities Protocol for Offering #04 April 2019

3iQ is Canada’s first regulated multi crypto asset portfolio manager and will be utilizing the KoreConX platform

[New York, NY – April 04, 2019] – KoreConX is proud to announce that 3iQ Corp. (3iQ), Canada’s first regulated multi cryptoasset portfolio manager, has chosen the KoreProtocol for their Digital Securities Offering.

Founded in 2012, the company is the first Canadian investment fund manager to fully comply with the terms and conditions with the Canadian securities regulatory authorities to manage a multi-crypto asset investment fund, offering exposure to accredited investors for the first time.

3iQ focuses on educating individuals in disruptive technologies and the crypto asset space and providing innovative investments of institutional quality. Behind the company are the investment industry veterans Howard Atkinson and Fred Pye, both with more than 30 years of experience in the field.

“Moving to Digital Securities is a very important decision in the history of our company, and we need a protocol that is secure and robust, while never compromising compliance,” said Howard Atkinson, Chairman of 3iQ. “We believe KoreConX is not only the right choice when it comes to the Digital Securities Protocol, but also when it comes to management after issuance.”  According to Fred Pye, President & CEO of 3iQ, “through our Exempt Market Dealer we will be able to offer these securities to Accredited Investors.”

In the KoreConX all-in-one platform, companies can not only initiate their Digital Security Offering process, but they can also find a series of solutions tailored to their business needs, including the pre, during and post phases of capital raise. From the Due Diligence and the documentation gathering to Investor Relations with the shareholders, users can find the tools they need to grow their business.

Companies with a growing number of shareholders can also utilize CapTable Management solutions without compromising the safety of their most sensitive information.

“We created the platform with the business’ owners in mind. We created it for the dynamic entrepreneur who needs efficiency and agility when managing their companies so they can focus on perfecting their business,” said Oscar Jofre, Co-Founder and CEO of KoreConX. “We are very honored that an Investment Fund Manager of the magnitude of 3iQ chose our solutions to be the technology behind their Digital Securities Offering and their company.”

About 3iQ Corp.

3iQ is a Canadian investment fund manager focused on providing innovative investment products of institutional quality. 3iQ currently manages the 3iQ Global Cryptoasset Fund, a private investment fund which holds bitcoin, either and litecoin and is eligible for investment by accredited investors in Canada or in reliance on other exemptions from the prospectus requirement. Founded in 2012, 3iQ is currently focused on disruptive technologies and the cryptoasset space

About KoreConX

KoreConX is the world’s first highly-secure permissioned blockchain ecosystem for fully-compliant digital 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 digital 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.  www.koreconx.com

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KoreConX advisor appointed to the OSC Fintech Advisory Committee #19 March 2019

Randee Pavalow is joining the Ontario Securities Commission one more time

[New York, NY – March 19, 2019] – Randee Pavalow, a member of KoreConX’s advisory board, was appointed to be a member of the Ontario Securities Commission (OSC) Fintech Advisory Committee. This is another example of the quality roles that our advisors play in working with regulators and the industry to encourage innovation.

The OSC administers and enforces compliance for the securities industry in Ontario.  Aimed at protecting investors, fostering fair and efficient markets, and contributing to the stability of the financial system.  Ontario is the principal regulator for more than 80% of all Canadian Investment Funds and the OSC has specifically focused on addressing the emergence of new market sectors, including a burgeoning FinTech and cannabis industries and explosive growth in offerings involving digital assets.

Ms. Pavalow’s new role at the commission specifically focuses on the oversight and advisement of the developments in the fintech space in Ontario, as well as the unique challenges encountered by innovative businesses in the securities industry.

Ms. Pavalow has an impressive background in Capital Markets and is considered a thought leader on the topic. She is not new to the OSC. Between 2001 and 2007, Ms. Pavalow acted as Director of Capital Markets, when she managed a group of 90 staff members and provided strategic direction and leadership.

“Having Ms. Pavalow appointed for the Ontario Securities Commission only reiterates the quality of our Advisory Board. She is an extremely valuable resource for us, as she is to the Capital Markets Industry as a whole,” said Oscar Jofre, Co-Founder and CEO at KoreConX. “We are confident she will make a positive impact on the digital securities space – expanding opportunities without compromising security and compliance.”

The Fintech Advisory Committee meets quarterly, with members serving at the minimum, a one-year term.

About KoreConX

KoreConX is the world’s first highly-secure permissioned blockchain ecosystem for fully-compliant digital 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 digital 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.

www.KoreConX.io

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Media Contacts:

KoreConX

Oscar A Jofre

oscar@koreconx.io

KoreConX joins forces with BankRoll #05 March 2019

FinTech company BankRoll becomes part of the KorePartner Ecosystem

[New York, NY – March 05, 2019] –  KoreConX is proud to announce a partnership with the RegA+ equity crowdfunding platform, BankRoll. While the KoreConX platform offers companies the tools to be fully compliant during a capital raise and to better communicate with investors, BankRoll provides the link between companies and the desired investors. The partnership guarantees that CEOs have all the steps of the process covered, in order to grow their business.

BankRoll is a technology platform that provides investors with access to investment opportunities, and companies with access to investors. Developed to allow investors and companies raising capital to have an online platform to use the JOBS Act equity crowdfunding laws and rules. BankRoll launched on June 19, 2015, the same day that Title IV of the JOBS Act, also known as the Regulation A+ Mini-IPO, went into effect.

“We are very glad to have BankRoll as a KorePartner. KoreConX is all about making the entrepreneur’s lives easier, especially when it comes to fundraising, and BankRoll offers crucial support in that aspect,” said Oscar Jofre, Co-Founder & CEO at KoreConX.

“Joining forces with KoreConX was an easy decision, as we share the same values. At BankRoll, it’s crucial for us to provide the tools so that companies and investors can have a relationship based on transparency, mutual respect and trust,” said Kendall Almerico, CEO at Bank Roll. “And we believe KoreConX has the same philosophy behind everything they do.”

BankRoll has become part of the KorePartner ecosystem, a group of selected broker-dealers, secondary market platforms, capital markets platforms, lawyers, compliance, investor relations, accounting, and marketing firms that support the KoreConX security token protocol and adhere to KoreConX governance standards. KoreConX’s KorePartners are from around the globe and bring the necessary expertise that a company will need to launch a fully compliant security token in multiple jurisdictions.

About KoreConX

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.

www.KoreConX.io

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Media Contacts:
KoreConX
Oscar A Jofre
oscar@koreconx.io

 

KoreConX Partners with Investment Fund Management Company, Stratigis #28 February 2019

Stratigis Capital Advisors will join KorePartners Ecosystem

[New York, NY – February 28, 2019] –  KoreConX is proud to announce a partnership with Stratigis Capital Advisors Inc. (“SCA”), a Canadian investment boutique with extensive experience in managing Investment Funds.

SCA is registered with the Ontario Securities Commission as a Portfolio Manager, Exempt Market Dealer, and Investment Fund Manager, with the Autorite des Marches Financiers as Investment Fund Manager, and the British Columbia and Alberta Securities Commission as an Exempt Market Dealer.

“The KorePartners Ecosystem was created to provide the necessary environment for companies to not only manage their current business needs but to raise capital and grow,” said Oscar Jofre, Co-Founder & CEO of KoreConx. “And Stratigis, with their extensive work in Fund Management, can be just the link that companies need.”

“Partnering with KoreConX was an easy decision, as we share the same values. Oscar and his team have developed a great tool to allow companies to be on top of the paperwork and maintain compliance with regulation in multiple jurisdictions while issuing their Security Tokens,” said Rob Celej, Portfolio Manager and Chief Executive Officer of Stratigis. “The better managed a company is, the better it is for the investor, and this is what we look for in all we do.”

Stratigis Capital Advisors Inc. has become part of the KorePartner ecosystem, a group of selected broker-dealers, secondary market platforms, capital markets platforms, lawyers, compliance, investor relations, accounting, and marketing firms that support the KoreConX security token protocol and adhere to KoreConX governance standards. KoreConX’s KorePartners are from around the globe and bring the necessary expertise that a company will need to launch a fully compliant security token in multiple jurisdictions.

About KoreConX

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.

www.KoreConX.io

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Media Contacts:

KoreConX

Oscar A Jofre

oscar@koreconx.io

 

KoreConX reaches Australia’s west and east coasts #26 February 2019

Opening offices in Perth and Sydney

[New York, NY – 26 February 2019] – KoreConX, the all-in-one business platform, continues to expand its activities with the expansion of two new offices in Australia; in Perth and Sydney.

Rosanna Mancuso and Michel Aliphon will be leading the Perth office. Michel started his own finance broking business in 1997, before starting his own real estate firm in 2010. In 2014 he accepted the position as the business development manager for the Australian Small Scale Offerings Board (ASSOB), assisting small to medium enterprises (SME’s), including start-ups, raise capital for business expansion.

Rosanna is a qualified financial planner and has been self-employed in the financial services industry since 1994. She has a wealth of experience in capital raising from both private and public institutions, having once arranged an AUD $11M loan facility for a Construction Company experiencing difficulties sourcing funds.

Australian Small to Medium Enterprises (SME’s) are currently facing many hurdles when it comes to the growth of their companies.  KoreConX solution provides a platform to help companies properly organize their business, starting with their CapTable and Shareholder management and connecting them with global funding sources.  

“We are very excited to part of the KoreConX team”, said Rosanna Mancuso, Director of Australia at KoreConX.  “This is great timing, as many Australian SME’s are in need of a simple yet robust system to keep compliant with funding regulations that will assist them with their ambitions for growth which ultimately will create a better outcome for the Australian economy.”

The office in Sydney will count on the expertise of Andi Rusli. Andy has more than 15 years in the Australian business landscape. Throughout his career he has undertaken a variety of roles and is able to coordinate tasks effectively from inception through to successful completion, directly impacting a company’s bottom line.

“Michel, Rosanna, and Andi are great additions to our team. The experience they have in the Australian business landscape is going to take KoreConX’s activities to another level,” said Oscar Jofre, Co-Founder & CEO at KoreConX. “We are very excited to have them with us and we are now able to service our Australian clients with local support which is very important in our business..”

Other than Perth and Sydney, KoreConX also has offices in USA, Canada, Peru, UAE, China, and Singapore.

About KoreConX

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.

www.KoreConX.io

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Global Fintech Thought Leader to speak at KoreSummit Miami 2019 #12 February 2019

Dara Albright is one of the earliest pioneers of the crowdfunding movement

[Miami, FL – February 12, 2019] – KoreConX is proud to announce Dara Albright will be participating in the Investor Relations Fireside Chat at their KoreSummit in Miami next week.

Mrs. Albright is one of the top global leaders when it comes to fintech and the crowdfunding movement, being one of its earliest pioneers. Her views, which have been published in leading-edge articles, white papers, webinars, and conferences have helped give birth to and shape the crowdfunding industry since its inception in 2011. She was also responsible for the first ever U.S. crowdfunding conference, and will now share her expertise with the KoreSummit audience.

“I am very honored to be part of the KoreSummit Miami, where industry leaders will gather to help set the direction of modern finance,” stated Dara Albright, Advisor to EisnerAmper. “This is a tremendous opportunity for CEOs, CFOs, Board Directors, Investors, Family Offices, VCs and Private Equity firms to gain an in-depth understanding of how blockchain technology – coupled with a changing regulatory climate – is transforming corporate finance. I am particularly excited to discuss the impact it is expected to have on corporate communications and shareholder intelligence.”

“We are delighted to have Dara Albright as one of the main speakers in the KoreSummit Miami. She is one of the key figures in the crowdfunding space and her insights were crucial to getting the fintech industry where we are today,” said Oscar Jofre, Co-Founder & CEO at KoreConX. “I’m sure we can all learn a lot from her.”

Dara Albright will be speaking during the afternoon at the KoreSummit in Miami. An invite-only, educational event which brings together top thought-leaders in securities law, capital markets, secondary markets, investor relations, compliance, and marketing in the private company sector. More information regarding the event, including agenda, can be found at https://www.koresummit.io.

Click here to apply for a complimentary pass.

About KoreConX

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.

www.KoreConX.io

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Media Contacts:
KoreConX
Oscar A Jofre
oscar@koreconx.io

KoreConX expands from Wall Street to Silicon Valley #07 November 2018

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.

About KoreConX

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.

www.KoreConX.io

 

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KoreConX partners with Meld Valuation to provide users 409(a) Valuation Report services #05 November 2018

KoreConX clients will now be able to perform valuations without leaving the platform

[New York, NY – November 06, 2018] – KoreConX, the all-in-one business platform, introduces the ability for companies to now do 409A and ASC 820 valuations. The new partnership with Meld Valuation offers KoreConX clients leading valuations without leaving the platform.  

In an ever-changing regulatory environment, Meld Valuation prepares professional valuations at reasonable prices. The introduction of these services makes it easy for companies that require these valuation services to access, pay and manage the reports from within the KoreConx environment.

“In keeping with our philosophy of making things simple for businesses and investors, we are happy to be announcing the partnership with Meld Valuation to bring our clients even more features within our one-stop shop,” said Jason Futko, Co-founder and CFO of KoreConX. “With a plethora of free tools we are enabling clients to get their businesses organized with reduced friction costs.

As part of the partnership, Meld Valuation is also offering premium business features for KoreConx clients including Transfer Agent and Investor Relations.

“Meld Valuation is pleased to expand its operations with its latest collaboration with KoreConx,” said Dan Eyman, managing director of Meld Valuation. “Our services will now reach a broader audience that will benefit from Meld Valuations’ carefully planned, methodical, and efficient approach to valuation.”

About KoreConX

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.

www.KoreConX.io

 

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Mercury.Cash selects KoreToken as its official security token protocol #01 November 2018

The company will use KoreConX’s services for their security token offering

[New York, NY – November 01, 2018] – KoreConX is proud to announce that Mercury.Cash has chosen KoreToken as its official security token protocol to be used in their security token offering. Mercury.Cash is a leading crypto exchange firm, with a soaring demand both in North and South America. They are also a fully licensed crypto and remittance exchange regulated by FINCEN, the Financial Crimes Enforcement Network.

The company offers a live hosted-wallet solution with a current customer base of 10,000+ users and allows for the real-time liquidation and transfer between cryptocurrency and fiat assets in a seamless and intuitive way. The company is headquartered in Orlando, Florida, and was the first of its kind to obtain a Money Transmitter Licence in the State.

“Our main focus at Mercury.Cash is total regulatory compliance,” said Victor Romero, CEO of Mercury.Cash. “This makes KoreConX the natural choice when it comes to issuing security tokens, as the KoreToken protocol was created with full compliance across multiple jurisdictions in mind. Just as important, the KoreToken protocol also incorporates safety, security, and investor protection. We look forward to working with KoreConX during our offering.”

The sentiment is shared by the KoreConX team. “We are very glad to work with Mercury.Cash as we share the same values in dealing with securities in a responsible way. Based on our extensive experience with regulatory compliance, we are able to manage both the issuance and the complete lifecycle of securities through our KoreToken protocol,” said Oscar Jofre, co-founder & CEO at KoreConX.

About KoreConX

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.

www.KoreConX.io

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Media Contacts:
KoreConX
Oscar A Jofre
oscar@koreconx.io

KoreConX Co-founder & CEO to speak at the National Investment Banking Conference in New York #30 October 2018

NIBA will be hosting the event on October 31st and November 1st

[New York, NY – October 30, 2018] – Oscar Jofre, co-founder & CEO of KoreConX will be speaking at the National Investment Banking Association (NIBA) in New York.

The event is on October 31st and November 1st at the Crowne Plaza Times Square in New York City. The NIBA Conferences are one-and-a-half day fast-paced intimate events showcasing public and private companies, regardless of size or industry, who are actively seeking to raise capital and/or to raise their profile in the investment community.

Oscar Jofre will be speaking on November 1st, at 9 a.m. providing an overview of KoreConX business. He will share his thoughts on the importance of compliance with securities regulation to ensure safety and investor protection and how the KoreToken protocol embeds and automates not only regulatory compliance but also corporate actions.

“We are delighted to have a leader like Oscar sharing his expertise on the fintech industry at our next conference,” said Emily Foshee, Executive Director of NIBA.

“It’s an honor to speak at one of the NIBA conferences. There will be over 300 professionals from the investment community and this will be a great opportunity for us to get the word out about what we are doing to revolutionize global capital markets through tokenization of private securities with full compliance in all jurisdictions,” said Oscar Jofre.

About KoreConX

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.

www.KoreConX.io

 

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Media Contacts:
KoreConX
Oscar A Jofre
oscar@koreconx.io

KoreConX announces its partnership with BlockchainAgility #25 October 2018

The company will become part of the KorePartners ecosystem

[New York, NY – October 15, 2018] – KoreConX is proud to announce that BlockchainAgility will now be integrated into the company’s KorePartners ecosystem.

Blockchain Agility is the premier solution for security token advisory services. The organization works with companies to optimize and accelerate their tokenized project launches with services ranging from strategic marketing to legal compliance to talent sourcing and technical advisory services, providing a best-in-class suite of solutions to maximize a company’s tokenization plans.

“We are really proud to have BlockchainAgility as a partner. They have a highly-skilled team that truly knows how to navigate the blockchain industry. This is crucial if you want to provide companies with a complete solution when it comes to tokenization,” said Oscar Jofre, CEO and Founder at KoreConX.

BlockchainAgility’s executive team concur. “We couldn’t be more excited about joining forces with KoreConX. In a complex environment such as the blockchain industry, we need to surround ourselves with the best minds. KoreConX has done a great job with the development and the implementation of their own fully-compliant security token,” said Patrick T Murphy, founder and CEO at BlockchainAgility.

BlockchainAgility will become part of the KorePartner ecosystem, a group of selected broker-dealers, secondary market platform, capital markets platforms, lawyers, and compliance, Investor Relations, accounting and marketing firms that support the KoreConX security token protocol and adhere to our governance standards.  KoreConX’s KorePartners are from around the globe and bring the necessary expertise that a company will need to launch a fully compliant security token in multiple jurisdictions.

About KoreConX

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.

www.KoreConX.io

 

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Media Contacts:
KoreConX
Oscar A Jofre
oscar@koreconx.io

KoreConX announces its partnership with Evoke Capital #17 October 2018

The company will become part of the KorePartners ecosystem and will be supporting KoreConX security token protocol exclusively

[New York, NY – October 17, 2018] – KoreConX is proud to announce Evoke Capital will now be integrated into the company’s KorePartners ecosystem.

Evoke Capital operates through a regulated broker-dealer in Canada and includes an international team of seasoned professionals and network partners representing all disciplines necessary to support a token sale. Evoke Capital is an online platform with broker-dealers in different jurisdictions to help companies raise capital and will be exclusively using the KoreConX security token protocol, “KoreToken”.

In order to provide their clients with the most secure path towards a security token offering, Evoke Capital is supporting the KoreToken Protocol as a way for companies to raise capital.

“It is a privilege to have Natalie Ochrym and her team at Evoke as our KorePartners. Evoke as an online platform is helping companies raise capital in a compliant manner, which is necessary to bring trust to a sector that has gone on with no checks and balance,” said Oscar Jofre, CEO and Founder at KoreConX.

The same feeling is shared by Evoke’s executive team. “Partnering with KoreConX was an easy decision. We needed a fully compliant security token protocol to provide our clients with the best environment to launch their security tokens. Using KoreConX protocol enables a new way to manage securities in a seamless, efficient manner for their full lifecycle,” said Natalie Ochrym, co-founder and CEO at Evoke Capital.

Evoke Capital will become part of the KorePartner ecosystem, a group of selected companies that support the KoreConX security token protocol and adhere to our strict governance standards.  KoreConX’s KorePartners are from around the globe and bring the necessary expertise that a company will need to launch a fully compliant security token in multiple jurisdictions.

About KoreConX

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.

www.KoreConX.io

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Media Contacts:

KoreConX

Oscar A Jofre

oscar@koreconx.io

KoreConX Security Token Offering Using Its Own Fully-Compliant KoreToken Protocol #02 October 2018

USD$15M Offering for Accredited Investors

[New York, NY – 02 October, 2018] – KoreConX is excited to announce its Security Token Offering that will utilize its own KoreToken protocol. The KoreToken is the world’s first complete end-to-end protocol that has built-in AI to manage the entire lifecycle for tokenized securities, from issuance, trading, and all types of corporate actions.

The global securities marketplace is changing, and the future is tokenization. Combining corporate and securities law with tokenization facilitates efficient liquidity and fully-compliant transactions in multiple jurisdictions.

“We are thrilled about developing and launching KoreTokens on our KoreChain. KoreConX’s AI-enabled blockchain, based on Hyperledger Fabric and hosted at IBM, provides the highest level of security. The Kore Token Protocol handles the complete lifecycle of the security token, from issuance, secondary trading, and all types of corporate actions,” said Dr. Kiran Garimella, KoreConX’s Chief Scientist and CTO.

KoreConX will be working with established broker-dealers worldwide to make this initial offering of $15 million USD available to accredited investors in multiple jurisdictions (countries).

KoreConX believes in complying with securities regulation and corporate law to protect investors, issuers, and other participants in the global capital markets.

“KoreConX has been a fully operational all-in-one platform for several years helping many clients worldwide with compliance activities. The opportunities are tremendous for using tokenized securities to create efficiencies, reduce costs, and provide stronger governance for private companies. Our unrelenting focus is on ensuring the safety, security, and investor protection in global private capital markets,” said Oscar Jofre, co-founder, CEO of KoreConX.

For more information visit www.koreconx.io

About KoreConX

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.

www.KoreConX.io

###

Media Contacts:

KoreConX

Oscar A Jofre

oscar@koreconx.io

KoreConX Announces Membership in Hyperledger #26 September 2018

Revolutionizing Tokenized Securities with Hyperledger Fabric

[New York, NY – September 26, 2018] – KoreConX is excited to announce it is now a member of Hyperledger.

The future of global private securities and capital markets is in tokenization with a commitment to full compliance with securities regulation and corporate law. This requires a strong focus on safety, security, and investor protection.

“Such a serious endeavor requires serious technology. We find that private companies, investors, broker-dealers, and lawyers are most concerned about regulatory protections and wish to be fully compliant. They also want to steer clear of technologies that have no history, no credibility, and no adoption by major financial institutions. Hyperledger brings a community of proven professionals to create stable and credible solutions. We are proud to be members of Hyperledger,” said Oscar A. Jofre, CEO of KoreConX.

Hyperledger provides a true enterprise-class permissioned blockchain that does not commingle the economics of securities and other assets with that of cryptocurrency. This makes for a more focused and safer environment. Modularity, immediate finality, performance, and scalability are key features that influenced KoreConX’s adoption of Hyperledger Fabric.

“Security, especially in the financial services space, is one of the most compelling use cases for distributed ledger technologies,” said Brian Behlendorf, Executive Director, Hyperledger. “We welcome the expertise KoreConX brings to our community and look forward to seeing the ways they enhance and extend Hyperledger Fabric for their customers and the industry at large.”

The security and stability provided by Hyperledger Fabric are some of the key elements that allow the creation of the KoreToken, a fully-compliant security token.

“We are thrilled about developing and launching KoreTokens on our KoreChain. KoreConX’s AI-enabled blockchain is based on Hyperledger Fabric. Our security token protocol, called the KoreProtocol, handles the complete lifecycle of the security token, from issuance, secondary trading, and all types of corporate actions. Our task is made easier since Fabric handles, in a modular way, the core blockchain services such as cryptography, consensus, and the distributed ledger database,” said Dr. Kiran K. Garimella, KoreConX’s Chief Scientist and CTO.

For more information visit www.koreconx.io

About KoreConX
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.

www.KoreConX.io

###

KoreConX announces David Weild IV as the keynote speaker at the KoreSummit #25 September 2018

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/

About KoreConX

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.
www.KoreConX.io

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KoreConX announces BGN as exclusive media partner for KoreSummit #19 September 2018

Blockchain news network based in New York will broadcast the event

[New York, NY – 19 Sept, 2018] – KoreConX is proud to announce Blockchain Global News (BGN) as its exclusive media partner for the KoreSummit New York. The event will be held in New York on October 03 and will be entirely covered by BGN.

The event will be featured on the BGN news network. The Blockchain Global News is a division of Corporate Connect, a New York-based financial media content distribution platform that focuses on delivering breaking, on-demand news and information through video, social, web, broadcast, and newsletters, focusing specifically on the multi-billion dollar small-cap sector, both domestically and internationally.

“We are delighted to have Hugh and his team at Blockchain Global News and Small Cap Nation covering our first KoreSummit event on October 3. Their experience and knowledge of the emerging security token space make them an ideal match,” said Jason Futko, Co-founder and CFO at KoreConX.

The event will gather experts in the Security Token field, such as Sara Hanks, CEO and Founder at CrowdCheck, Inc; Dr. Kiran Garimella, Ph.D., chief scientist and chief technology officer at KoreConX; Oscar A. Jofre, CEO and Co-Founder at KoreConX; and Hugh Austin, the CEO at Small Cap Nation & Corporate Connect.

“Being the first content distribution channel to witness the emergence of the KoreSummit and to share the excitement of the KoreToken protocol is a privilege. We believe in using the quality content of Corporate Connect/Blockchain Global News to facilitate the most advanced conversations in the fintech sector,” said Hugh Austin.

More information about the KoreSummit can be found here: https://koresummit.io/

KoreSummit First Stop: New York #13 September 2018

Key speakers will discuss the “KoreToken,” a fully-compliant security token protocol

[New York, NY – Sept 13, 2018] – KoreConX, the all-in-one platform for managing all compliance activities and security tokens that is revolutionizing Global Private Capital Markets, announces the beginning of a global tour that will gather partners, advisors and key figures of the Security Token sector.

The first stop will be in New York on October 03, 2018. This is an invite-only event in which attendees will be able to learn more about “KoreToken,” a fully-compliant security token protocol for managing the end-to-end lifecycle of security tokens.

Among the key speakers are Dr. Kiran Garimella, Ph.D., chief scientist and chief technology officer at KoreConX; Oscar A. Jofre, CEO and Co-Founder at KoreConX; David Weild, Father of the JOBS Act, stock market expert and former Vice Chairman of NASDAQ; Hugh Austin, CEO at Small Cap Nation & Corporate Connect; and Sara Hanks, CEO and Founder at CrowdCheck, Inc.

The industry is changing very rapidly and the KoreSummit is bringing an event for companies and investors to learn how a security token offering should be done in USA and Canada. “This will be the first of its kind in North America to set the record straight on what truly smart, AI-enabled tokenized securities really are. Our first stop in New York is timely with the industry evolving rapidly towards real compliance and existing market participants try to figure out how tokenization really works within the current regulatory frameworks” said Oscar A. Jofre.

More Information: www.KoreSummit.io

About KoreConX
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.

www.KoreConX.io

###

Media Contacts:
KoreConX
Oscar A Jofre
oscar@koreconx.io

Full Securities-Compliant Security Token Protocol #27 June 2018

A security token protocol “KoreToken” that keeps everyone compliant with securities laws in the US and Canada

New York, NY (June 27, 2018) – KoreConX, the first all-in-one business platform for small to medium-sized enterprises (SMEs), released its KoreToken Protocol for security tokens — helping ensure compliance throughout the lifecycle of the security.

Security agencies, including the SEC in the USA and CSA in Canada, have made it clear that when companies are conducting a token offering where the token has the ability to trade and gain in value, it must be issued as a security token.

KoreToken is a Security Token Protocol that is designed to keep investors not only safe from theft, forking and transactional errors, but also keep them from violating the complex disclosure and reporting requirements in multiple jurisdictions. All of these capabilities are designed to identify and reduce the risk profile of tokenized securities.

“The marketplace needs a security token protocol that fully understands the life cycle of a security token and corporate actions,” said Oscar Jofre, co-founder and CEO of KoreConX.  “What the market has seen so far does not meet those requirements and issuers (companies) will once again run afoul with regulators. The implications for those involved could have severe consequences.”

The KoreToken security protocol is built on the foundational principle of safeguarding securities and protecting all the participants from both financial issues and regulatory issues. The protocol also provides the specifications for technical as well as legal closure for validity, consensus, and finality. The protocol is extensible with the use of APIs to collaborate with validated and registered partners.

“A token is a digital asset, where I give you my money and you go off and make a venture, and in return for giving you my money I say ‘you can get a return’ that is a security and we regulate that,” Jay Clayton, SEC Chairman said. “We regulate the offering of that security and regulate the trading of that security.”

A security token protocol is not just about ID verification, AML or investor verification. And, It’s not just about compliance during the trading process. These are necessary but not sufficient. The issuer (or their agent, such as a broker dealer or transfer agent) needs to account for jurisdiction, exemption, reporting, security token holder rights, custodianship, trading, reporting and corporate actions. This the only way a company can issue and manage a security token without falling out with the regulators.

“Most of the rebranding of utility tokens to security tokens address securities regulation only superficially as a superficially to appease the regulators to the regulators,” said Dr. Kiran Garimella, chief scientist and chief technology officer of KoreConX. “The fundamental issues of safety, security, and risk must be addressed. Moreover, these are not one-time problems. They exist throughout the life of the security. The technical infrastructure to make all this happen is non-trivial and calls for very serious, enterprise-class engineering.”

Security tokens that use the KoreToken protocol, including the KoreConX’s own KoreToken, run on the KoreChain, which is a permissioned blockchain that is built on Hyperledger Fabric and hosted on IBM servers with the highest level of security. KoreChain’s built in AI technology will enable machine-learning and data-analytic services for transactions. Finally, KoreChain will use AI to augment its native governance, risk, and compliance capabilities.

About KoreConX
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. Register your company for FREE www.koreconx.com.

##

Media Contacts:
KoreConX
Danielle Higgins
danielle@kinsta.cloud

KoreConX Adopts Hyperledger Fabric for the Financial Services Market #21 June 2018

A blockchain that can support, manage, track and keep all stakeholders compliant within regulated financial markets

New York, NY (June 21, 2018) – KoreConX, the first all-in-one business platform for small to medium-sized enterprises (SMEs), today announced the adoption of Hyperledger Fabric as the foundation for its blockchain platform helping SME’s issue fully compliant security tokens.  

KoreConX’s new KoreChain, is the first all-in-one decentralized permission-based blockchain platform for private companies to manage company records and capital market activities including: fundraising, mergers and acquisitions (M&A) and investments. Adoption of Hyperledger Fabric offers an added layer of safety and security that regulated companies in financial sector need for blockchain applications.

“Hyperledger Fabric has been engineered from the ground up to address the requirements of security, safety and interoperability in large enterprise-class systems,” said Dr. Kiran Garimella, chief scientist and chief technology officer of KoreConX. “Fabric’s modular architecture allows us to implement real-time adaptability for various architectural elements of our KoreChain. This flexibility is vital given the enormous complexity of securities.”

Unlike other blockchain technologies, the modular architecture of Fabric maximizes safety, resilience and flexibility specific to financial services with features including:

  • Permissioned membership for ensuring data protection, know your client (KYC) and regulated custodianship of tokenized securities
  • End-to-end encryption to protect transactions
  • Multiple channels to ensure confidentiality between various participants
  • Modular architecture for identity management, consensus, policy services and crypto abstraction
  • APIs for interfaces between applications from ecosystem clients

“This will change the way private capital markets issue security tokens. Hyperledger Fabric was the clear choice to provide safety and security for the highly regulated financial markets,” said Oscar Jofre, co-founder and CEO of KoreConX.

About Hyperledger
Hyperledger is an open source collaborative effort created to advance cross-industry blockchain technologies. It is a global collaboration including leaders in finance, banking, Internet of Things, supply chains, manufacturing and Technology. The Linux Foundation hosts Hyperledger under the foundation. To learn more, visit: https://www.hyperledger.org/.

About KoreConX
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. Register your company for FREE www.koreconx.com.

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Media Contacts:
KoreConX
Danielle Higgins
danielle@kinsta.cloud

IBM’s Keith Bear Joins KoreConX Board of Advisors #19 June 2018

Keith Bear brings more than 35 years of capital markets, blockchain networks, systems integration and delivery experience to KoreConX

New York, NY (June 19, 2018) – KoreConX, the first all-in-one business platform for small to medium-sized enterprises (SMEs), announces Keith Bear as a member of its board of advisors. Keith is responsible globally for the strategy and development of IBM’s business in financial markets and for the past three years has led or contributed to most of IBM’s blockchain engagements in the Financial Markets industry—working extensively with fintechs.

“I am delighted to have been invited by KoreConX to join their distinguished board of advisors and look forward to advising them on their mission to transform the way that private companies can better manage their financial position through blockchain technology. I am particularly pleased to be working with KoreConX on their planned use of Hyperledger Fabric,” said Keith Bear, vice president, Financial Markets, IBM.

Keith works extensively with global clients on their major transformation programs, typically on the cutting edge of shaping IBM’s solutions. He has worked with financial markets infrastructure firms such as CLS, LSEG and DTCC, trade finance organizations such as the We.Trade bank consortium, and leading global banks on deployment of Blockchain technologies. In addition to KoreConX, Keith is a lead mentor for three of the 2018 cohort in the Barclay’s Techstars Fintech accelerator.

“Our team at KoreConX is excited to have Keith as part of our advisory board.  Having provided leadership for the many global installations on Hyperledger Fabric in the financial services sector, his insights will be very valuable not only for us at KoreConX but also for the private capital markets globally,” said Oscar Jofre, co-founder and CEO of KoreConX.

Keith holds a First Class Degree in Physics from Corpus Christi College, Oxford, an MSc in Particle Physics from University of London, and completed an IBM Master in Business Management program at London School of Economics. He is a member of IBM’s Industry Academy and a Board Director for the Enterprise Data Management Council.

About KoreConX
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. Register your company for FREE www.koreconx.com.

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Media Contacts:
KoreConX
Danielle Higgins
danielle@kinsta.cloud

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