DGAP-News: CM-Equity AG
/ Key word(s): Product Launch/Strategic Company Decision
(BERLIN and MUNICH, 23/04/20) CM-Equity, a leading financial services provider focused on private placements and capital market services for institutional investors, fund managers, high net-worth individuals and family offices, and Baltasaar today announced the launch of its Digital Assets platform. CM-Equity as a financial institution is fully MiFID II regulated and acts as liability umbrella (Haftungsdach), enabling Baltasaar to publicly offer the platform to its clients. "Baltasaar - powered by CM-Equity" now provides its clients with global corporate finance in one integrated solution. The Digital Assets platform enables one-stop digital structuring, issuance, placement and underwriting of securities with a few clicks. Traditional costs incurred by an issuing bank, a central securities depository and other intermediaries are eliminated. The customer subsequently issues a BaFin-compliant security and conducts a uniform, public placement to investors in 31 EEA countries. Demand for the issuance of digital securities has increased rapidly over the past two years among both institutional and private investors. The Federal Financial Supervisory Authority (BaFin) in Germany opened up to digital securities early on and has taken a pioneering role within the European Union in approving blockchain-based securities. The growing use of digital securities in public securities offerings was explained in detail at BaFinTech 2019 in Bonn, among other events. A fully digitalized issuing process eliminates many of the cost points that were previously incurred when paying the issuing banks and the law firms involved. In addition to cost savings, issuers benefit from faster processing, more efficient administration and the ability to address private and institutional investors in the shortest possible time. This is made possible by the technological mapping of the financial instrument via a token and the automated transaction processing by means of blockchain-based smart contracts. "Baltasaar - powered by CM-Equity" is a merger of two companies with extensive experience in different areas of the financial world. The partnership seeks to combine strengths and create synergies. CM-Equity as a regulated financial institution and liability umbrella enables the platform to publicly market capital market measures of companies throughout the EEA. Customers of the platform receive a uniform structuring, technological implementation and distribution of the securities offering. "Together with CM-Equity we are leading the financial markets into the 21st century", explains Christian Heinz, CEO of Baltasaar. "We are pleased that we are enabling companies to take simple, legally compliant capital market measures and democratizing access to financial markets for institutional and private investors alike," Heinz states further. For more information about the Digital Assets Platform and "Baltasaar - powered by CM-Equity" please visit baltasaar.com. About Baltasaar: Christian Heinz About CM-Equity: Michael Kott
23.04.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
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