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Accelerating Technology for the Securities Token Revolution
Blockchain-enabled Security Tokens Issuance and Secondary Trading Technology Platform
issuance
Issuance
Velocity Ledger provides technology for tokenized primary issuance services for securities. The blockchain based platform allows new issuances are tokenized and crowd syndicated over a web portal with sophisticated tools for regulatory compliance, investor onboarding, and deal administration. Securities are tokenized using universal smart contracts like ERC20.
trading
Trading
Velocity Ledger technology allows secondary trading in a variety of tokenized securities products. Following the spirit of decentralization, the central limit order books (CLOBs) are deployed with nodes the blockchain for linking participants for security token and OTC crypto currency trading.
settlement
Settlement
The Velocity Ledger Technology stack offers a Settlement Portal connected to the private blockchain, where trades in both the primary and secondary markets are directly settled between inter-broker counterparties on smart contracts. The system offers trade reconciliation and the ability to view, manage, approve firm transactions for peer to peer settlement.
Team
Chief Executive Officer
President, Chief Operating Officer
Chief Technology Officer
Entrepreneur | Fintech | M&A | Blockchain
Vice President | Technology & Operations Leadership | Product Launches | M&A | Global
Technical Operations Manager
Business Development
Steven Cohen
Business Development
Chief Technology Officer Web Services
Head of Product & Project Management
Head of Web Services Architecture & Development
Advisors
Co-Founder at Y2X
HLC - Full Spectrum Security for Financial Firms
Vice President at OTC Markets Group
Robert G. Benya
President, Chief Revenue Offer and Board Director – Seven Stars Cloud Group Inc.
CEO Transform Group
Founder and Managing Partner KrowdMentor
White Paper
vl
Press
  • - New platform enables regulatory approved trading of any asset class any time
  • - U.S. Securities tokens and real estate products primed for initial launch
  • - Alliance delivers blockchain technology and cryptocurrencies to all investors

Jun 19, 2018, 02:12 ET

NEW YORK, June 19, 2018 /PRNewswire/ -- Fundamental Interactions , and Y2X announced today the formation of an end-to-end service to digitize and trade multiple asset classes including securities tokens, debt instruments, real estate, art, and intellectual property rights. Known as Velocity Ledger, the system utilizes leading-edge blockchain-based technology already approved for trading by the SEC and FINRA. Initial products at launch include U.S. securities tokens and real estate.

Todd Morley, Y2X Co-Founder, said, "We are creating the Operating System of the new digital marketplace. We are excited to provide regulated marketplaces for assets that until today have been illiquid and untradable. This will bring the benefits of blockchain technology and cryptocurrency to all investors in an efficient, effective way, with enormous benefits for capital formation as well as for asset management."

Digital currencies are emerging as a new global asset class, and Y2X is at the center of utilizing its capabilities both to raise capital for new enterprises and to enable individuals to invest in high-growth companies more efficiently and effectively. Fundamental Interactions has established blockchain technologies, including smart contracting features embedded in securities tokens, which will be at the center of this service offering. Through a well established network of broker-dealers, market makers, market data providers, and deep relationships with the traditional banking system and cryptocurrency network, the alliance will provide end-to-end processes, including creation of tokens eligible for issuance and trading on multiple marketplaces.

Shawn Sloves, CEO of Fundamental Interactions, added, "Fundamental Interactions' tested technology is already in use at multiple cryptocurrency and traditional exchanges. Our new standards for tokenization and blockchain-based settlements will ensure these innovative new products can be traded and settled globally."

About Fundamental Interactions

Rising to challenges and opportunities posed by regulation, technology, and market structure shifts – Fundamental Interactions develops leading enterprise market center technology platforms. The systems are widely deployed by securities exchanges, ATS, and inter-dealer brokers across a variety of asset classes and geographic regions.

About Y2X

Established by a group of experienced financial services professionals, technologists and entrepreneurs, Y2X specializes in regulated token issuances and innovative capital raising mechanisms. The company's name was derived from Moore's Law, Y=2x, and signifies its dedication to the law of accelerating returns. Headquartered in New York City, the mission of Y2X is to be the leading technology driven platform that identifies, finances, and incubates the next generation of transformative ideas and businesses globally. Learn more about Y2X at: www.y2x.io

Partnership allows Seven Stars Cloud to quickly and efficiently digitize real-world assets via proven blockchain technology to create new financial markets

NEW YORK, NY, July 10, 2018 (GLOBE NEWSWIRE) -- Seven Stars Cloud Group, Inc. (NASDAQ: SSC) ("SSC" or the "Company"), a leading global fintech firm focusing on digital asset production and distribution, today announced a long-term relationship and strategic licensing agreement with New York-based Fundamental Interactions, a world class provider of enterprise market center technology.

Through this agreement, SSC will leverage core Fundamental Interactions technology and the Velocity Ledger platform to support the tokenization, secondary trading and settlement of new blockchain-based securities. The Velocity Ledger platform is in operation for various approved entities by the Securities and Exchange Commission (SEC) and FINRA.

While Velocity Ledger has been designed to support U.S. securities tokens, OTC crypto currencies, and real estate securities, it has unlimited potential to manage the issuance, trading and settlement of digital assets across jurisdiction and across asset classes (securities and non-securities). Velocity Ledger is a blockchain-based, software-as-a-service (SaaS) platform that operates as a private blockchain solution and interacts with all of the major public blockchains.

Seven Stars Cloud will work closely with issuers and underwriters of securities in order to source a wide array of financial products. Post issuance, these financial products will undergo a comprehensive rating system to provide transparency into the underlying assets. Additionally, SSC will secure institutional market makers and traders to join Velocity Ledger, providing new product exposure and liquidity to previously illiquid assets. SSC will also leverage its partnership with BBD Digital Capital Group, a leading provider of Artificial Intelligence-based big data solutions to support ratings and risk management of these newly created digital assets.

There are a myriad of benefits afforded by tokenizing securities via Velocity Ledger. These benefits include new product creation and market exposure, competitive fees, fast deal execution, access to institutional investors and broker dealers. In addition to these market and product specific benefits, Velocity Ledger automates key service functions to reduce the number of middlemen and service providers typically involved in a securities transaction. At its core, Velocity Ledger enables highly transparent, immutable, and auditable transaction activity and reporting.

Commenting on the partnership, Bruno Wu, Executive Chairman & CEO of SSC, said: “With Velocity Ledger, we will work with our partners to develop marketplaces for previously illiquid and un-tradeable assets. We have our eyes set on the fixed income, real estate, venture capital, and private equity markets, amongst various other securities and asset classes. By combining the power of Velocity Ledger with SSC’s wide distribution capabilities, we will bring tremendous efficiencies to the capital formation process, narrow bid-ask spreads, and reduce the time and costs for closing and settling transactions via blockchain and AI technology.”

“Our partnership with Fundamental Interactions represents a flagship opportunity in SSC’s ability to penetrate the tokenized security markets. We are thrilled to be working with Fundamental Interactions to harness the power of blockchain and spread the adoption of security tokens across industry.” said Bruno Wu.

Shawn Sloves, CEO of Fundamental Interactions, added, “After several years of hype, blockchain-based solutions are well on track to deliver on their considerable promise. We are excited to be working with Bruno and his team at SSC and look forward to extending the benefits of Velocity Ledger to a variety of new liquid and illiquid asset classes.”

About Seven Stars Cloud Group, Inc. (http://www.sevenstarscloud.com/)

SSC is aiming to become a next generation Artificial-Intelligence (AI) & blockchain-powered, fintech service company, focusing on digital asset production and distribution. The Company facilitates and enables the transformation from traditional financial markets into the asset digitization era. SSC acts as the manager and service provider of an ecosystem for securitization and digital currency tokenization as well as trading system integration.

Safe Harbor Statement

This press release contains certain statements that may include "forward looking statements." All statements other than statements of historical fact included herein are "forward-looking statements." These forward looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov ). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Partners
About Fundamental Interactions Inc.
Rising to challenges and opportunities posed by regulation, technology, and market structure shifts – Fundamental Interactions develops leading enterprise market center technology platforms. The system is deployed by securities exchanges, ATS systems, and inter-dealer brokers across a variety of asset classes and geographic regions.
About Y2X
Established by a group of veteran executives, technologists, and entrepreneurs, Y2X specializes in regulated token issuances and innovative capital raising mechanisms. Y2X maintains stakes in companies it helps finance and utilizes its network of expert advisors to help those companies grow.