Blackmoon Financial Group Launches Blockchain-Based Platform for Tokenized Investment Funds

The Blackmoon Crypto platform bridges the gap between the fiat and crypto worlds.

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Blackmoon Financial Group, a financial technology and investment management company that has been operating since August 2014 and exceeded $100M in deals’ volume, has announced the launch of Blackmoon Crypto Platform, a Blockchain-based platform for tokenized vehicles. The Blackmoon Crypto Platform is a one-stop solution for asset managers to create and manage legally compliant tokenized funds; everything from technology and infrastructure to legal framework and corporate structuring is taken care of. Any experienced and approved investment manager will be able to create a fund based on Blackmoon Crypto Platform.

Blackmoon Crypto, the holding company, is responsible for IT, compliance, licensing, and banks partnerships. It also issues the main tokens of the Blackmoon Crypto Platform. The Platform and its tokens are based on the Ethereum Blockchain. Tokenization of interest in funds provides auditability, transparency and liquidity to the investment process, which means investment funds won’t be black boxes for investors, with reporting full of fine print.

“Setting up the proper investment structure is a costly endeavour. Not all tokenized funds set up a proper structure, which leads to greater regulatory risk for investors,” Oleg Seydak, CEO of Blackmoon Financial Group explained. “Now is the time to introduce the industry standard for setting up tokenized investment vehicles that can attract investments from private individuals and institutional investors of any kind. That’s what the Blackmoon Crypto platform does; it reduces the regulatory risk and bridges the gap between the fiat and crypto worlds.”

Blockchain has been a buzzword in the financial sector since 2009, with Bitcoin and Ethereum becoming relatively mainstream. Still, the majority of tokenized investment vehicles are either fully crypto-oriented or pegged to a tradable asset, like the U.S. dollar or gold. Access to fiat investment opportunities provides unprecedented diversification in terms of income sources while retaining all the benefits of the crypto universe, including decentralization, transparency, and exchangeability. On the flip side, traditional investors get higher net return, thanks to the cost-efficient structure of tokenized funds.

“Tokenized funds are more cost-efficient thanks to lower infrastructure and setup costs,” Sergey Vasin, Chief Investment Officer of Blackmoon added. “This economy is transmitted to investors in the form of higher net return. For the cherry on top, fund tokens are also immediately tradable.”

Blackmoon Financial Group is a financial technology and investment management company that has been operational since August 2014. The company is led by Oleg Seydak (entrepreneur and financial technology investor) and Ilya Perekopsky (entrepreneur, IT angel investor and former VP and COO of VK, the largest social network in the Eastern Europe). The Blackmoon Lending Marketplace now operates in 9 countries and exceeded $100M in deals volume, while reaching $13M in monthly volumes. The company has 19 full time employees, with offices in Moscow, Limassol and New York and attracted $3.5 million in venture capital investments since 2015.

About Richard Kastelein

Founder of industry publication Blockchain News, partner at ICO services collective CryptoAsset Design Group (helped raise over $200m+), director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event  CryptoFinancing (first ICO event in Europe) - Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of half a dozen Blockchain startups and has written over 1200 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.
 
Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London, Manchester, Minsk, Nairobi, Nanchang, San Mateo, Shanghai,Tel Aviv and Venice. His network is global and extensive.
 
He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.
 
A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world.
 
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, "The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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