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BridgeTower Capital, in partnership with Securitize and Chainlink, is expanding its offering on Avalange across staking, DeFi and eligible markets

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— BridgeTower Announces AVAX Staked Digital Asset Security at Avalanche —

BARCELONA, Spain and SAN FRANCISCO, USA, March 24, 2022–(BUSINESS WIRE)–BridgeTower Capital, an innovator connecting blockchain markets globally, is partnering with leading securities provider for digital assets, Securitize, to launch the BridgeTower Global Platform with an offering of eligible markets. Additionally, BridgeTower will offer Staked Digital Asset Security (SDAS) that will run on an Avalanche subnet.

Working with Securitize, its digital transfer agent, BridgeTower will offer these products through a seamless user interface. Investors simply need to create a Securitize iD for which their identity is verified according to US regulatory standards. They can then invest in offerings across the BridgeTower ecosystem, as well as Securitize’s own offerings, while also being able to buy shares in private companies and institutional funds.

Transactions are processed via smart contracts, with regulated trustees providing transparency by collateralizing assets using Chainlink Proof of Reserve, the market-leading Oracle Blockchain solution for verifying on-chain and off-chain reserves. By using Chainlink’s Proof of Reserve to verify collateral for tokens wrapped in the multi-chain ecosystem, eligible BridgeTower markets will unlock asset liquidity on many of the world’s leading blockchains.

BridgeTower’s eligible markets are said to include DeFi financial products such as bespoke blockchain opportunities, token swaps, and NFT development with arts, entertainment, and sports projects to offer institutionally supported products.

BridgeTower operates its 5,000+ owned staking nodes on renewable energy to reduce carbon footprint. BridgeTower is already a leading provider of Proof-of-Stake infrastructure to leading Layer 1 blockchain and Web 3.0 companies and has built its fast-growing DeFi and staking core business through partnerships and investments in recent years.

“We are seamlessly bringing the value of innovative blockchain engagement and DeFi products to institutional investors,” said BridgeTower CEO Cory Pugh, products in eligible markets to provide a compliant gateway for institutions wishing to participate. in the fast-growing blockchain opportunity.”

“There is strong demand among institutions for DeFi opportunities, however the lack of secure locations available to do so has prevented them from getting involved so far. With Securitize moving forward to offer permissioned DeFi through on-chain attestation, as well as our collaboration with Avalanche to build a permissioned subnet, regulated DeFi is finally open to access,” said Jamie Finn, Securitize President and Co-Founder. The globally integrated platform created by BridgeTower now paves the way for more institutions to enter the market with confidence.”


“Avalanche has quickly become the go-to resource for institutions looking to access the innovations that decentralized finance brings and bring their own expertise to build value-chain products and ecosystems. I am pleased to see BridgeTower and Securitize expand their participation in the Avalanche community and develop applications for institutional customers,” said John Nahas, vice president of business development at Ava Labs.

BridgeTower’s latest product innovation is the security of digital assets at stake. The new security includes a participation premium and can be traded on the Authorized Market after a holding period of one year. The AVAX Staking Security Token represents the AVAX Staking and uses smart contracts to mint staking utility tokens on the Avalanche Chain and run them on a subnet. This creates unique digital security for institutional investors that enables KYC administration, whitelisting, cap table management and reporting. BridgeTower will launch more products later this year.

The AVAX Security digital staking asset is also offered through the Securitized Markets Alternative Trading System, making it available to a wide range of accredited investors. More than 400,000 investors currently participate in Securitize Markets. AVAX Staked Digital Asset Security and other institutional stakes are expected to be offered on Layer 1, Web 3.0 and possibly other exchanges in the near future.

“We see in this product a unique value with strong appeal to institutional investors looking for a regulated global security to participate in the dramatically growing blockchain proof-of-stake market,” added Pugh. “We are very excited about it. cooperation with Securitize and Avalanche and on the high level of experience they bring as industry leaders in their respective fields.”

About the Bridge Tower

BridgeTower Capital has developed a global platform that allows it to uniquely offer products in its own eligible markets to provide institutions with seamless access to staking, DeFi, NFT and Web 3.0. BridgeTower operates more than 5,000 of its own staking nodes using servers powered by 100 percent renewable energy. A significant portion of the revenue from these products is reinvested to continually grow BridgeTower’s infrastructure and assets. BridgeTower is a global company headquartered in Singapore with offices in Switzerland and the United States. This allows the company to act in accordance with the law in the most important jurisdictions for the global economy. Visit http://www.bridgetowercapital.com for more information.

About Securitize

Securitize is a digital asset securities trading company dedicated to providing stakeholders with access to investing and trading alternative assets and helping companies raise capital, manage shareholders and provide potential liquidity. Securitize was the first to develop a fully digital, end-to-end securities issuance, management and trading platform for digital assets, compliant with the existing US regulatory framework. Securitize is comprised of Securitize, Inc. and its subsidiaries Securitize, LLC (an SEC-registered transfer agent), Securitize Capital, LLC, Securitize Markets, LLC (an SEC-registered broker-dealer, member FINRA and SIPC, and operator of the company’s alternative trading system), and Pacific Stock Transfer. Visit http://www.securitize.io for more information.

about avalanches

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Securitization disclosures

The securities offered on the Securitize Markets ATS have not been registered under the Securities Act of 1933 and may not be offered or sold without registration or a valid exemption from registration requirements. The assets listed here, such as Assets such as digital assets or tokens using the blockchain are speculative, involve high risk, are typically illiquid, may be worthless, have limited regulatory certainty, are subject to potential risks of market manipulation and may expose investors to a loss of capital. Investing in blockchain involves a level of risk that may differ from traditional markets. These risks include, but are not limited to, the risk of regulatory uncertainty, market takeover, market manipulation, market exit, price volatility and security. Investments in private placements, particularly start-up investments, are also speculative and involve a high degree of risk. Investors must be able to bear the loss of their entire investment. Authorization to buy and sell securities through the Securitize Markets ATS is granted at the sole discretion of Securitize Markets. Offers to sell or solicitation of offers to purchase securities may only be made through official offering materials that contain important information about the risks, fees, and expenses associated with the relevant securities available for trading on the Securitization Markets ATS. Investors should carry out their own due diligence and are encouraged to consult a financial advisor, lawyer, accountant, tax advisor or other professional who can help them understand and assess the risks associated with an investment opportunity. Past performance is not a guide to future results. There is no guarantee that a diversified portfolio will increase total returns, outperform an undiversified portfolio, or protect against loss.

The source language in which the original text is published is the official and authorized version. Translations will be included for better understanding. Only the version in the language that was originally published is legally valid. Therefore, compare the translations with the original language version of the publication.

View the original version on businesswire.com: https://www.businesswire.com/news/home/20220323005734/en/


Bridge Tower: Todd Wolfenbarger, [email protected]
Securitization: Evan Wagner, [email protected]
Avalanche: Jay Kurahashi-Sofue, [email protected]

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