Blockchain Startup Templum ‎Gets into An Agreement to Buy US Broker ‎Dealer

New York-based Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term startup Templum has inked an agreement with ‎Liquid Markets Group to buy its broker dealer and alternative trading system (ATS), Liquid M Capital, as the startup is hoping to develop both primary ‎and secondary markets around digital tokens.‎

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Templum is already affiliated with Liquid M Capital as both entities joined forces to ‎launch a new regulated platform for token trading focused on the US ‎market. The digital asset platform, known as Templum, will offer both primary ‎issuance of ICOs and the secondary trading of crypto coins as securities through ‎Liquid M Capital’s ATS.‎

Switzerland-based trade.io also announced in December that it has entered into a memorandum of understanding to negotiate the ‎terms for the acquisition of a New York City based broker/dealer.‎

Effectively, both firms hope to see its regulated systems attract more ‎professional and institutional investors to a market that has raised more ‎than $4 billion in 2017‎.

The ‎acquisition of the broker dealer will be subject to regulatory approval by ‎the US regulators and other customary terms.

‎The action allows Templum ‎to utilize the acquired firm’s capabilities to create a turn-key solution for the initial ‎issuance and secondary trading of ICOs as unregistered private securities. ‎Templum's proprietary technology combined with Liquid M Capital's ATS will ‎provide ICO investors with the first of its kind platform for the sale and ‎secondary trading of digital tokens.‎

Commenting on the news, Vince Molinari, CEO of Liquid Markets Group, said: “The combination of Templum’s team, ‎technology prowess, and capital with Liquid M’s Alternative Trading System, Quotation ‎Bureau, and Qualified Matching Service for digital assets as securities will position ‎Templum to drive the evolution of this asset class. We believe Templum’s platform, ‎standardization, and commitment to investor protection will make Templum the leader in ‎facilitating the offering and secondary trading of digital assets offered as securities.”‎

Chris Pallotta, founder and CEO of Templum, added: “We are pleased to ‎bring together this group of distinguished former regulators, financial services ‎professionals and technologists with a wealth of experience in the Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term of securities, ‎digital assets, trading and technology expertise to our Advisory Board to collaborate on ‎emerging issues in our space, and to advise our company on the development of our ‎platform and processes.”‎