Blackmoon Financial Group, a blockchain Financial Service and Fintech firm announces multiple partnerships with reputable firms which include of Daneel.io, Plato Technologies Inc., Dr. Werner & Partner, Jarvis International Ltd., Rivver and FintechSauce. The strategic partnerships serve to assist in the creation of branded Exchange Traded Indexes (ETx).
The new partnerships between Blackmoon and these firms will enable them to work very closely together to create a showcase of investable ETx’s that track the performance of a multitude of products, services and sentiment indexes that these firms offer.
Firms partnering with Blackmoon have an advantage over their competitors as they are able to further monetize their offering by making it an investable product.
For example, the partnership with Daneel allows the firm to turn their already successful sentiment API into a feed for an investible ETx, therefore, allowing investors to invest in the hype (or lack thereof) of a particular set of cryptocurrencies.
“As soon as we met in Malta Blockchain Summit, we were directly aligned with market expectations and the collaboration was the logical next step, we are eager to see how investors will react to this new kind of indices made possible by the AI,” said Harold Kinet, Head of Communication at Daneel.
Fintechsauce will roll out a few ETx’s with Blackmoon whose goal will be to create investable ETx’s that track FintechSauce’s investable products.
“In order to succeed in almost any project, you need reliable partners. FintechSauce has been working closely with our clients to be the best financial advisors for them. And now, we are excited about finding the right partner for our business, Blackmoon. With their help, we are creating investment products that will bring financial success to people that believe in us,” said Anastasia Nizhegorodtceva, Associate Director of FintechSauce
On the other hand, the ETx developed with Rivver will track their issued digital assets in real time.
“We are very excited to be collaborating with Blackmoon. Blackmoon’s innovative ETx approach is unique and necessary for the digitized securities ecosystem and we are very happy to be able to offer this added value to our clients,” said David Benizri, CEO of Rivver
Jarvis Exchange’s ETx tracks the performance of a variety coin sets such as “most-traded” and “most-volatile” on the Jarvis Exchange.
“We are very excited to partner with Blackmoon. It is always nice to find companies that share our belief in the collaborative genius. The ETx represent unique investment opportunities. We are happy to bring more value to our users as ETx enhance our offering, and to reveal Blackmoon value proposition to thousands of investors and traders,“ said Pascal Tallarida, Founder & CEO of Jarvis
Furthermore, Plato’s “On-the-fly” ETx’s aim to provide investors with direct access to Plato’s real-time strategies.
“We are really excited about what this partnership means in terms of driving institutional crypto adoption while supporting full compliance across an entire basket of proprietary crypto indexes,” said Bryan Feinberg, CEO of Plato
Dr. Werner & Partner’s ETx, on the other hand, will give investors direct access to Dr Werner & Partner’ client base.
“The partnership with Blackmoon will enable us to extend our (already advanced) crypto advisory services with security token offerings. The amount of interest for that sector is overwhelming and together with Blackmoon we will provide a state-of-the-art-service, that will enable the right client to launch an STO from A-Z,” said Philipp Sauerborn, a senior employee at Dr Werner & Partner
Blackmoon is still working on more partnerships and will announce them as they happen.
Solving the problem of liquidity
Knowing that one can liquidate his or her investment without an impact on price, is a key risk-metric to any and all investment decisions. An STO that supports a thriving and liquid market, immediately increases its perceived value, even if its product, bottom-line or management is not as high a quality as its competitors. The liquidity of the marketplace defines the risk for an investor and the success of the issuer. Without the ease of execution and liquidity, any STO will have limited success, if any at all.
Introducing Blackmoon’s Exchange Traded Indexes (ETx)
Blockchain technology may be a better alternative to raise capital from investors. However, price discovery and trading liquidity also require the inclusion of speculators. The ETx that Blackmoon issues on behalf of its partners’ brands incentivise traders and speculators to take the risk in the market, by offering them a fungible financial product to arbitrage for profit – further adding bids and offers to an STO that would otherwise not exist – effectively creating a balanced and stable price.
“We have seen a surge of interest from firms around the globe, from a variety of sectors, seeking to partner with us specifically to form an investable ETx for them and we are glad that we can fulfil this need. The relationships are mutually beneficial and this serves as the strongest foundation for a long-lasting relationship,“ said Moshe Joshua, Chief Product Officer at Blackmoon
The strategic partnership with Daneel is one of many that Blackmoon intends to form over the coming months. Their ultimate goal will be to have an entire suite of innovative ETx’s to offer their own clients as well as those of their partners.
Labuan IBFC’s Financial Services Community Band Together to Contribute to the Relief Efforts in Combating COVID-19
Labuan International Business and Financial Centre, Labuan IBFC’s financial services and intermediation community have come together to assist local authorities in relief efforts via the pooling of resources.
Labuan IBFC’s Cross-Industry Group comprising of all the industry associations representing licensed entities in the jurisdiction has led the formation of a pool fund, focused on providing relief to frontliners and those less fortunate in Labuan.
This Cross-Industry Group consists of Labuan Financial Services Authority, Labuan International Insurance Association, Association of Labuan Banks, Association of Labuan Trust Companies, Labuan Investment Banking Group and the Labuan Fintech Association.
The Labuan IBFC Community is deeply concerned about the growing scale of the COVID-19 pandemic and its social and economic impact, particularly on Labuan island. Specifically, this resource pool will fund towards the purchase and distribution of personal protective equipment for hospital staff, healthcare providers, and other frontline service personnel on the island.
Relief, in the form of household necessities, will also be provided to those in the B40 income group and to daily wage earners who are impacted by the situation, as well as schools and small businesses.
The above effort is testament of the commitment and empathy of the Labuan IBFC community towards the people of Labuan island, by providing whatever assistance it can to relieve hardships under the current situation.
SOURCE Labuan IBFC
Demand Wealth Launches the Nation’s First Investment Platform Designed to Align Financial Goals and Personal Values
Demand Wealth received an undisclosed seven figure investment from FinTech Private Equity firm Niche Investment Partners LLC. providing investors with an alternative to broad or often misleading investment portfolios*, the Demand Wealth platform promotes transparency and respect for every American’s voice; allowing clients to invest according to their political, religious, and ethical convictions along with specialized portfolios designed for specific life stages (e.g. newlyweds, divorce or family death).
Demand Wealth is a first-of-its-kind platform created to provide investors frictionless access to ultra -niche investment portfolios and a free or paid set of full-service financial planning tools; providing ethical and situational peace-of-mind.
Investing in companies with shared values is one of the most underutilized tools for change held by the public. Demand Wealth reminds clients that powerful corporations are built on the investments of average Americans. Investing money in places you believe deserve your support reflects the backbone that America has at her core.
“Our goal is to help everyday Americans put the power of their wallet to use by investing according to their conscience” says Brandon Mink, President at Demand Wealth. “We know how important it is to put each individual’s hard-earned money onto the balance sheets of companies they believe in, to not only see significant portfolio returns, but know that those returns will come from companies they can be proud of.”
The company was created with several goals in mind, including:
- To manage money as effectively as any traditional investment firm, while helping clients keep more of their portfolio return. Demand Wealth keeps costs at a fraction of their competitors’, while providing comprehensive personal services expected anywhere else; by embracing the digital, paperless world and utilizing the most up to date security and privacy protocol.
- To provide personalized portfolios that allow our clients to align their capital with their values for varying risk profiles and stages of life.
- Most importantly, to inform Americans that the money in their retirement plan (e.g. 401k) seldomly aligns with their beliefs, even when invested with a like-minded advisor*. Demand Wealth remains transparent with where your money is going and provides a more impactful and personalized portfolio than what is currently available at any other investment firm today.
“Clients are demanding more from their wealth managers. They want greater customization of their portfolio without compromising the service they have become accustomed to at larger traditional firms”, says Wade Ellison, Chief Operating Officer at Demand Wealth.
SOURCE Demand Wealth
Carver Edison Announces Expansion of Leadership Team, Gregory Barton Joins as Chief Operating Officer and General Counsel
Carver Edison, a New York City-based financial technology company that helps provide financial opportunity to public company employees through its patented technology, has announced the addition of Gregory Barton to the company’s executive leadership team. Barton most recently served as Chief Legal Officer, and before that as Chief Operating Officer, of Wisdom Tree Investments, Inc. a leading ETF sponsor with $50 billion of assets under management.
With more than two decades of experience in executive positions for founder-led public companies in the technology, asset management and digital media industries, Barton will serve in a key leadership capacity as Carver Edison expands to meet growing client demand.
“Greg is joining our leadership team at an important moment for our company,” said Aaron Shapiro, founder of Carver Edison. “As we continue to grow, his deep operational, legal and public company board expertise will help us serve our clients and expand our reach. We’re excited to have Greg join the team.”
“Cashless Participation™ solves for major shortfalls in Employee Stock Purchase Plans and I am thrilled to bring my experience in multiple C-suite roles to the team,” said Barton. “The company has received significant backing from notable financial technology entrepreneurs and investors, which is a testament to the executive team’s vision and focus. I look forward to helping Carver Edison continue to execute on its mission.”
Among his roles prior to joining Wisdom Tree Investments in 2012, Barton served as Executive Vice President of Business and Legal Affairs, General Counsel and Secretary of TheStreet, Inc., co-founded by Jim Cramer. He is a graduate of Harvard Law School (magna cum laude) and the Claremont McKenna College (summa cum laude).
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