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Templum and Liquid M Capital to Launch Regulated Platform for Initial Coin Offerings

Templum, and its affiliated broker dealer Liquid M Capital, LLC, announced today a strategic partnership to launch a digital asset platform, known as Templum, offering both primary issuance of Initial Coin Offerings (“ICOs”) and the secondary trading of both registered and unregistered digital assets as securities through an Alternative Trading System (“ATS”).

Templum’s strategic partnership with Liquid M Capital will allow it to utilize Liquid M Capital to create a turn-key solution for the initial issuance and secondary trading of ICOs as unregistered private securities. Templum’s proprietary technology and intellectual property 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.

ICOs are increasingly popular as an efficient and innovative way of raising capital. ICOs have raised approximately $2.2 billion to date in 2017, compared to $100 million for all of 2016, according to CoinSchedule.com. While experiencing tremendous growth, the ICO market has operated independently of jurisdictional securities laws. However, the U.S. Securities and Exchange Commission (“SEC”) released an investigative report on July 25, 2017, regarding DAO tokens that concluded that their sale and trading was in violation of U.S. securities laws. The SEC further concluded that offers and sales of digital assets by “virtual” organizations in the U.S. are subject to the requirements of the federal securities laws.

“Templum’s model is designed to build upon ICO innovation by adhering to existing regulations to add the essential element of investor protection,” said Chris Pallotta, founder and chief executive officer, Templum. “By doing so, we hope to increase widespread acceptance of ICOs that will attract more capital interest in innovative, growth-oriented companies and result in the overall growth of the global digital asset market.  We believe that once our platform is fully established it will become the primary destination for transacting in digital assets worldwide.”

“We’ve long advocated for a strong digital asset ecosystem for both issuers and investors, and sought to preserve the best elements of the ICO community,” said Vince Molinari, chief executive officer, Liquid M Capital. “With the DAO report, we can reasonably conclude that most digital assets are likely to be treated as securities by U.S. regulators. Templum will meet the need for compliant ICOs and secondary trading liquidity in a single destination.”

Richard Kasteleinhttps://www.the-blockchain.com
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, the Netherlands where he has set down his anchor to raise a family and write. Founder and publisher of industry publication Blockchain News (EST 2015) and director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He has written over 2500 articles on Blockchain technology and startups at Blockchain News and has also published in Harvard Business Review, Venturebeat, Wired, The Guardian and a number of other publications. Kastelein has an Honorary Ph.D. and is Chair Professor of Blockchain at China's first blockchain University in Nanchang at the Jiangxi Ahead Institute software and Technology. He has over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division. Kastelein has spoken (keynotes & panels) on Blockchain technology at over 50 events in 30+ cities.
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