The Abele Group USA, LLC, an international financial technology company plans to launch a digital custodian for the token economy. They recently announced that it has submitted a confidential filing on Form 1-A with the U.S. Securities and Exchange Commission (the “SEC”) pursuant to Regulation A+ for its proposed initial coin offering (“ICO”). The Abele Group seeks to become the first company to be qualified by the SEC to conduct an ICO under Regulation A+.
“The Abele Group is launching one of the world’s first digital custodians, and is committed to doing so in accordance with applicable rules and regulations,” said Phil Woods, CEO of The Abele Group. “We’re one of the first groups to submit a filing with the SEC for an ICO under Regulation A+, and following the SEC’s review process, we believe that the Abele Group may be the first ICO qualified by the SEC.”
The Abele Group’s ICO will fund the launch of the world’s first fully digital custodian and marketplace, powered by blockchain and AI, which will increase security and transparency in the financial industry. The Abele Group intends to create an institutional quality digital custodial depository that safeguards investor’s cryptographic and other digital assets, and to establish a state-of-the-art asset management business that will manage a portfolio of traditional and crypto assets in various structures and managed accounts.
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