TokenSoft Integrates with Leading Trading Platform OpenFinance Network
Updated: Mar 28, 2019
TokenSoft is pleased to announce a software partnership with OpenFinance Network (OFN), the leading trading platform for alternative assets.
OFN, which has years of experience working closely with hedge funds, private equity firms and other alternative asset managers, recently launched the first ever U.S.-based regulated security token trading platform. Our partnership will enable our issuers to apply to list on OFN directly through the TokenSoft platform, immediately after completing their respective token sales. Our goal is to provide all of our issuers with easy and direct access to a compliant secondary market, opening up near-instant liquidity and avoiding the need to list on less trustworthy or unregulated cryptocurrency exchanges. The OpenFinance trading platform also has direct integrations with broker-dealers, custodians and transfer agents, and will seamlessly connect issuers with buyers.
The partnership is a testament to TokenSoft’s deep commitment to providing the highest level of technology and compliance support to its issuers — a commitment that now continues well after an issuer’s token sale has concluded. More information on OFN can be found here, and you can stay updated by following their social channels:
About OpenFinance Network
OpenFinance Network is an open source, trading, clearing, and settlement service for the alternative asset industry. The platform serves as a conduit between issuers, investors, and industry stakeholders, offering streamlined access to liquidity and asset transfer efficiencies. The team has over fifty years of combined experience in financial markets, exchange technology, and finance law and has operated together since 2014. For more information on OFN and the need for trading, see www.openfinance.io and Medium posts here, and here.
TokenSoft is the market leader in launching and supporting compliant security token sales through its white label, SaaS token sale platform. TokenSoft’s mission is to provide issuers with peace of mind by offering a compliant, secure and stable token sale experience, unmatched expertise and easy-to-implement software. TokenSoft enables compliant issuance of security tokens in over 50 countries, and serves a wide range of clients — including startups, enterprises, funds and investment banks.
This release is for informational purposes only, does not constitute an offer or solicitation to sell securities, and shall not be construed as legal advice in any jurisdiction. Certain information set forth in this release contains “forward-looking statements” under applicable securities laws. TokenSoft undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change, except as required by applicable securities laws.