Tag: Oscar Jofre

KoreConX CEO Oscar A. Jofre Headlines Cannabis Sessions Talking About Crowdfunding in Events

As businesses in the cannabis sector seek ways to expand, KoreConX has been leading initiatives on educating entrepreneurs in this business on how to raise capital compliantly, with low costs


NEW YORK, October 18, 2022 (Newswire.com) – KoreConX CEO Oscar A. Jofre is speaking at two cannabis events in the upcoming days. The focus of his participation will be on the exemptions of the JOBS Act, like Regulation A+ and Regulation CF, which are useful ways for cannabis companies to turn their brand advocates into shareholders.

The first event, Leading Professionals to Teach About Crowdfunding 2022, takes place on Oct. 20 and is part of the Financial Poise Webinars. This webinar addresses crowdfunding portals and intermediaries, with a basic overview of the various methods of crowdfunding, from donation and rewards-based, through intrastate equity, debt, and finally to securities-based crowdfunding under Titles II, III and IV of the JOBS Act. Once those differences are understood, the webinar focuses on the need for intermediaries, the role that they can and sometimes must play, followed by a discussion on how the market has matured and where the market may be going in the online capital space. Oscar will be joined by Maureen Murat (Crowdie Advisors, LLC) and Jordan Fishfeld (CFX Markets).

The second, from Oct. 19-21, is organized by a KorePartner, Arcview Capital. The Arcview Access Cannabis Investment Summit will feature industry experts, investors, and enthusiasts to discuss industry opportunities and how entrepreneurs can scale their businesses. On the 21st, Oscar will be part of the panel Debunking the Myths Around Crowdfunding, with Arcview Capital Managing Director Chris Reece. There, Oscar will discuss the operational aspects that go into getting a raise live and share best practices to put companies on track to a successful raise.

As a thought leader focused on educating entrepreneurs, Oscar A. Jofre is thrilled to be part of these two speaking engagements: “KoreConX has a mission to empower entrepreneurs through private capital markets. The cannabis market has been rapidly changing with growing demands. We can help entrepreneurs fulfill these needs as we will show them how to start this private equity journey in a compliant way.”

Also, next week, from Oct. 24-28, KoreConX will host the KoreSummit – Pocket Sessions | Empowering Growth, with a complete journey for cannabis entrepreneurs. Subscribe and learn more here.

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 and Cannabis Wiki educate entrepreneurs on how to raise capital

KoreConX focuses on helping cannabis entrepreneurs to use Regulation A (RegA+) and Regulation CF (RegCF) to jumpstart businesses, including by accepting credit cards. Cannabis Wiki is also part of this new endeavor

KoreConX and Cannabis Wiki are now working closely together to help the cannabis sector grow. Through RegA+ or RegCF, these companies can raise up to $75 million or $5 million respectively every 12 months. Cannabis Wiki and KoreConX will start a series of content products to help educate these entrepreneurs.

The cannabis sector has been growing steadily in the past few years. 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. 

Derrick Berney, CEO and co-founder of Cannabis Wiki, is excited to see this partnership grow: “No one does what KoreConX does. Their materials, blogs, podcasts, they are really changing the way startups raise capital and the cannabis sector needs it. With their expertise and our years of service to the sector, we are positive we can cause a great effect on the whole ecosystem, create new jobs, expand revenues, and keep everything compliantly done”. Cannabis Wiki has currently over 2 million pageviews/month.

A number of studies show that derivatives from cannabis have been successfully used to treat patients with chronic pain, chemotherapy-induced nausea, and several neurological diseases. As well, Canada and  more than two-thirds of the U.S.A. states have legalized its recreational use.

Oscar Jofre, CEO and co-founder of KoreConX, is thrilled to start this new partnership. “Cannabis companies need to raise money, and there is plenty of it, both from accredited and non-accredited investors. We can help educate these companies and they can reach their audiences, their brand advocates, and turn them into shareholders in an easy way”.

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, 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 deal rooms for raising capital. 

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 co-founder releases Digital Securities 101 – Global 2020 Edition Book #30 April 2020

Digital Securities are going to transform the capital markets

[New York, NY – 29 April 2020 ] – KoreConX pleased to announce the book release “Digital Securities 101 – Global 2020 Edition.”

“Digital Securities 101” is a how-to book for anyone who wants to understand the transformation that is happening in the capital markets with the introduction of blockchain. The book provides an overview of why Digital Securities are game-changing and what one needs to understand and prepare.  It provides a clear insight into all the components of the private capital markets and how this entire ecosystem operates from start to finish regardless if they are using RegD or RegA+ exemptions alike.

“Companies seeking to raise capital will surely appreciate how Oscar connects the dots between all the professionals that are necessary for a successful raise. The checklists for conducting due diligence on the various participants sold me!” Fred Pye, CEO, 3IQ

“Digital Securities 101” is written by Oscar A. Jofre, cofounder KoreConX, collaborating with the company’s entire global ecosystem of KorePartners.  Oscar’s first book, Equity Crowdfunding 101, released in 2015, was downloaded over 30 million times and is available in English, Spanish, and Mandarin.

“As a co-founder of a leading digital securities investment platform in Asia, I share Oscar’s passion for educating the market about the need for treating digital securities in a responsible and compliant way. This book is a first in laying out the requirements for digital securities that focus on investor safety and issuer compliance.” Julian Kwan CEO Investacrowd Real Estate online platform

The book is for investors, shareholders, entrepreneurs, executives, board directors, broker-dealers, regulators, transfer agents, and secondary market providers. The book provides step-by-step guides for everyone involved in the private capital markets on what is needed for safe and responsible issuance and management of Digital Securities. More importantly, the book is designed to foster an understanding of the regulations for success issuance.

“In the fast-evolving world of digital securities, there is a need for background and context, especially on a cross-border level. Anyone involved in the digital securities world should read this to get that context.” Sara Hanks, Co-Founder & CEO, Crowdcheck

“I’ve been very privileged to serve as the editor of this landmark book, working with the thought-leaders and highly experienced professionals in the global private markets,” said Dr Kiran Garimella, Chief Scientist at KoreConX. “Their generous collaboration, guidance, and expertise shaped the book and will continue to help make the Digital Securities way of doing business safe, secure, and fully compliant.”

Covid19 has put our global economy on hold for many. However, capital raising activities and Digital Securities are moving forward without a pause. “Now that we are seeing the effects of Covid19, we truly understand why it’s so important for everyone involved to realize that Digital Securities are no longer an option but a must-have in order to revive the economy,” said Oscar Jofre, Co-Founder & CEO at KoreConX. “This book is more relevant now than ever with the economic crisis we are in, as we all now see the inefficiencies that we have described for years. I trust that the lessons of this book will help the small-to-medium companies not only survive this short term disruption but also spring back to lead the full economic reset and recovery.”

Click here to get Digital Securities 101 book.

https://www.koreconx.io/BookDS101/

 

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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KoreConX Launches the Infrastructure of TRUST #11 October 2019

A global infrastructure and ecosystem

[New York, NY – 11 October 2019 ] – KoreConX is thrilled to announce the launch of our highly anticipated Infrastructure of TRUST for the global private capital markets.

The private capital markets serve over 450 million private companies worldwide today. The service providers supporting these private companies are using ad hoc and internal systems. Private markets are opaque, making it difficult to validate information or find service providers. These issues make it inefficient and costly for companies to raise capital and for investors to find good investment opportunities. The underlying cause is simple: millions of independent and fragmented providers have no connected infrastructure and more importantly, no trust in the integrity of the information they come across.

The public capital markets have an infrastructure that provides standards and efficiencies with which all participants in the public markets can integrate. Now, the Infrastructure of Trust allows participants of the private capital markets to enjoy the same benefits without excluding anyone.

“My personal journey in democratization of capital is going 10+ years strong. The major realization I’ve had three years go was that to really make a lasting change in the private capital markets, you don’t disrupt, you empower. Once you empower the ecosystem, you can finally say we are now in an age of transformation,” said Oscar Jofre, Co-Founder & CEO at KoreConX.

KoreConX provides this transforming Infrastructure of Trust for the global private capital markets. This is a complete and connected ecosystem of regulated entities on the KoreChain, a permissioned blockchain built on Hyperledger Fabric. Participants on the KoreChain are required to be regulated entities and authorized to validate securities transactions.

The way to really improve private capital markets is to connect-together the existing regulated entities that service this market, no matter their size or location, and streamline and standardize processes in much the same way that broker dealers have connected into stock exchanges, ATSs, clearing organizations and other entities.  We need regulated professionals to work together in a system to create a broader ecosystem that they trust, in order to simplify execution, compliance, and distribution while reducing direct and indirect costs.” said David Weild, “Father” of the Jobs Act, former Vice Chairman of NASDAQ and Founder of Weild & Co.

The Infrastructure of Trust comes with an all-in-one platform of key applications for managing the complete lifecycle of various securities such as shares, options, warrants, bonds, debentures, promissory notes, and other complex instruments. The application layer capabilities have been proven, as they have been fully functional for over four years and trusted by over 85,000 private companies.

Kevin Saunders, Partner, Non Correlated Capital, said, “This Infrastructure of Trust is exactly the solution our industry needs. This is going to transform how I can help my clients access capital worldwide and work with other broker-dealers, law firms, secondary markets, and investor.  This is a Game Changer for my business.”

This makes it easy for participants to become members of this infrastructure, allowing them to focus on what they do best rather than on the technology or worrying about trust. 

“In designing the Infrastructure of Trust, we kept the needs of the private capital markets, focusing on the safety, security, and compliance of the participants. We chose not to get distracted with inadequate, untrustworthy, and unscalable public blockchains. This launch and the continuing evolution of the Infrastructure of Trust is an expression of our belief that our permissioned blockchain best serves the needs of the private capital market ecosystem,” said Dr. Kiran Garimella, Chief Scientist, Technology Officer

The Infrastructure of Trust empowers all participants such as private companies, investors, broker dealers, secondary market operators, lawyers, investor relations firms, transfer agents, share registry, regulators, and many others to conduct securities transactions in fluid and frictionless way.

“Having spent over a dozen years helping small businesses in North America, Europe, Middle East, and Asia, I am excited to be a part of this change. The fragmentation of the private markets always made my job as an investment banker very difficult and frustrating. An infrastructure to connect all the parties to enable the sharing of information, speed up transactions and ultimately reduce inefficiencies is long overdue.” Jason Futko, Co-founder & CFO at KoreConX.

The launch of the Infrastructure of TRUST has been a major evolutionary milestone for KoreConX, with the support of over 350 KorePartners worldwide (and growing rapidly), all of whom are regulated entities and have wide experience in the private capital markets.

KoreConX Infrastructure of TRUST

www.InfrastructureofTrust.com

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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Mdia 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

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

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

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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