Altvesto, a company focused on deal structuring for infrastructure and real estate projects, and DigiShares, a company providing its clients with white label blockchain solutions for asset tokenization, signed a partnership agreement.
According to the agreement, the two companies will develop an investment platform specifically designed for tokenization of large infrastructure (e.g. clean energy) and real estate projects and attracting funds from a wide range of institutional and professional investors, e.g. pension funds and family offices.
Assets will be acquired by sub-funds of the alternative investment fund launched by Altvesto and listed on traditional stock exchanges in the EU. The shares of these sub-funds will be issued in a digital form on a DLT (Distributed Ledger Technology) platform provided by DigiShares. The DLT register of shareholders will be two-way synchronized with the CSD through a custodian, so transactions taking place on the Altvesto platform will be mirrored “in the real world”, and transactions made through stock exchanges will be immediately reflected in the DLT register.
This innovative Collective Investment Scheme is the first attempt to build a bridge between traditional capital markets and the world of tokenized assets. Thus, traditional investors will get access to new investment opportunities through the interface of a stock exchange, while project founders will be able to reach capital markets and get liquidity easier, cheaper and faster than in the case of IPOs.
The companies will announce the first STOs on the platform in September when Altvesto is planning to bring its +1 billion investment portfolio to capital markets.
Ivan Aleksandrov, co-founder of Altvesto: “We see great potential in our collaboration with DigiShares. As an investment banking institution, we want to focus on the legal and organizational aspects of STOs and working with investors. We are happy that we found a reliable technological partner able to cover our needs in IT infrastructure and provide us with a secure and compliant technological solution.”
Claus Skaaning, CEO of DigiShares: “One of the main obstacles to the further development of the tokenized securities market is the hesitation of institutional investors from entering the market. Altvesto represents one of the best initiatives in the current market to bridge the blockchain and traditional finance world to provide institutional investors with the benefits of tokenized securities while at the same time providing an acceptable, robust and compliant infrastructure for them. DigiShares is proud to be selected as a key partner in this endeavor.”
Altvesto is an international company represented in Poland, Hungary, Switzerland and Malta. The company has developed a way to raise capital for tokenized assets through traditional stock exchanges, using the Alternative Investment Funds framework.
Legal name: Altvesto sp z o.o.
Headquarters: Warsaw, Poland, ul. Franciszka Klimczaka 1, postal code 02-797
WWW: www.altvesto.com
Contact for any queries:
Ivan Aleksandrov, co-founder, ivan@altvesto.com
Digishares is a blockchain company headquartered in Denmark. The company develops white-label technology for the issuance and management of tokenized securities. The company is currently conducting its own STO (Security Token Offering).
Legal name: DigiShares A/S
Headquarters: Th. Staunings Vej 48, 9210 Aalborg, Denmark
WWW: www.digishares.io
Contact for any queries:
Claus Skaaning, CEO, info@digishares.io