TokenSoft, Inc., a leading security token compliance and security platform backed by Coinbase, today announced the launch of its security token administrative panel, purpose-built for US Transfer Agents. TokenSoft clients will be able to select or partner with a Transfer Agent of their choice to issue and administer their security tokens. Using TokenSoft’s platform, Knox Wallet and security token standards like ERC-1404, Transfer Agents will be able to maintain and administer security tokens with the same controls and functionality as they do traditional securities.
“Since 2017, ensuring our clients can easily comply with securities laws has been our number one priority and that’s why today we’re announcing official support and a full set of features for SEC-registered Transfer Agents and their issuing clients,” said Mason Borda, CEO of TokenSoft.
“Transfer Agents are a foundational element of financial services infrastructure. It is exciting to see TokenSoft provide technology support to enable Transfer Agents to support blockchain-based digital securities,” said Jeff Bandman, CEO, BlockAgent Inc.
TokenSoft looks forward to enabling Transfer Agents to work with blockchain-enabled issuers of securities:
Using TokenSoft’s platform, Knox Wallet, and security token standards like ERC-1404 on Ethereum, and FA1.2 on Tezos, the company enables Transfer Agents to perform the following and more:
TokenSoft is proud to continue to provide technology at the intersection of blockchain and securities laws. This offering enables another layer of Wall Street infrastructure to become an integral part of the innovation happening with blockchain technology. If seeking to learn more, please contact us here.