News

New York-headquartered international investment giant WisdomTree Investments together with Abu Dhabi Investment Office (ADIO) and other investors invested in Securrency, as they aim to integrate blockchain technology into the exchange-traded fund (ETF) ecosystem.

NEW YORK, Jan. 07, 2020 (GLOBE NEWSWIRE) — WisdomTree Investments, Inc. (NASDAQ: WETF), an exchange-traded fund (“ETF”) and exchange-traded product (“ETP”) sponsor and asset manager, today announced its strategic investment in Securrency, Inc., a leading developer of institutional-grade blockchain-based financial and regulatory technology. Through this investment and its collaboration with Securrency, WisdomTree plans to pursue the integration of blockchain technology into the ETF ecosystem to bring the benefits of ETFs to a broader range of investors and improve the investor experience

The WisdomTree Bitcoin ETP will seek to provide investors with a “simple, secure and cost-efficient” way to gain exposure to Bitcoin through traditional financial infrastructure.

Security tokens have taken the blockchain world by storm. If you have not heard of them yet, you’re definitely missing out on finger-biting action. As the financial regulatory bodies were becoming more attentive, a new buzzword became the talk of the town: security tokens.

NEW YORK–(BUSINESS WIRE)–Securrency, Inc., a US-based provider of financial and regulatory technology products for the tokenized issuance and trading of securities, today announced its intention to secure a license to operate a crypto-asset business with strategic partners under the new Abu Dhabi Global Market (ADGM) crypto regulatory framework. Securrency will file an application with the Financial Services Regulatory Authority (FSRA) of ADGM, the international financial center in the Emirate of Abu Dhabi in the United Arab Emirates (UAE). The company will partner with top global blockchain companies and innovative industry leaders to create and launch a fully-regulated crypto-asset business for institutional clients, globally. Leveraging Securrency’s top-tier security and compliance tools, this platform will provide institutional-grade crypto custodial services, as well as an exchange platform accessing large-scale global liquidity.

Securrency has developed two Compliance Aware Token (CAT) protocols which can be issued from and transferred across any distributed ledger. The tokens feature self-governance to ensure life-cycle compliance, and a number of features which contribute to both global regulatory compliance and a level of liquidity which has yet to be seen.