Join our smart investors - Get the best stock directories in  blockchain, cannabis, crypto, AI, IoT, cleantech. Daily podcasts in cannabis and crpto. Just $99  a year

SharesPost Partners with Lightyear.io to Implement Stellar Decentralized Exchange as Second Exchange Node for Global Security #Token Network

Through the new partnership, Stellar-based security tokens will be certified by SharesPost's Global Liquidity And Settlement System

 

San Francisco - July 31, 2018 (Investorideas.com Newswire) SharesPost, a leading provider of private company liquidity solutions and private capital markets research, has announced a new partnership with Lightyear.io, a software company that develops applications and infrastructure for the Stellar ecosystem. The partnership entails adding the Stellar Decentralized Exchange, one of the leading decentralized digital asset exchanges, to SharesPost’s Global Liquidity and Settlement System (GLASS) as an exchange node. In conjunction with SharesPost’s existing Alternative Trading System (ATS), GLASS will enable issuers listing security tokens on the Stellar Decentralized Exchange to trade compliantly in every major market globally in the years ahead.

Greg Brogger, Founder and CEO of SharesPost, said: "Lightyear and Stellar will be key partners for SharesPost as we gear up for the launch of GLASS. With their support and expertise, we will add high quality assets to the GLASS network and be one step closer to a global system for trading security tokens and tokenized assets."

GLASS is a compliant, global network of digital exchanges and OTC pools facilitating the trading, certification, and custody of security tokens and tokenized assets, beginning with SharesPost's US ATS and Stellar as an initial exchange node. With GLASS, SharesPost, Lightyear and Stellar can serve expanded user bases and supported assets - particularly private growth equity assets, tokenized assets, and other emerging security products.

Boris Reznikov, Director of Partnerships at Lightyear.io., said: "We believe security tokens will play a key role in shaping what the global financial markets will look like in the next couple of years. We're excited to be partnering with SharesPost on GLASS to play a key role in the development of this new paradigm, and to be able to provide a critical compliance umbrella for security tokens on the Stellar Distributed Exchange."

SharesPost is a global leader in the private securities market with a long history of providing liquidity to providing liquidity to "unicorns" and other private growth companies. Its U.S. self-clearing broker-dealer and ATS will be launching a fully electronic security token marketplace in H2 2018. Lightyear is the company leading partnerships with issuers and financial institutions on top of Stellar. Lightyear is powered by the Stellar network, an open global protocol enabling low cost, high access, and seamless multi-asset transactions.

For more information on SharesPost, visit SharesPost.com. For more information on Lightyear and Stellar, please visit Lightyear.io and Stellar.org.

SharesPost Founder and CEO Greg Brogger and Boris Reznikov, Director of Partnerships at Lightyear.io are available for interview

About SharesPost:

SharesPost's mission is to create liquidity for the private growth asset class. In 2009, SharesPost launched the first online secondary market for private technology company shares. Since then, SharesPost has connected thousands of buyers and sellers in more than $4 billion worth of transactions in the shares of more than 200 leading technology companies.

The SharesPost platform now also enables clients to access a variety of private market investment and liquidity solutions including (i) research and data on leading private technology companies, (ii) the SharesPost Private Growth Index, (iii) the SharesPost100 Fund, a registered closed-end interval fund providing all investors with easy access to the asset class, and (iv) SharesPost Lending, which enables private company shareholders to borrow against their shares. In 2017, SharesPost managed its first Initial Coin Offering and in 2018 announced plans to integrate trading of digital securities into the SharesPost platform.

SharesPost is a FINRA-registered broker-dealer, SEC registered Alternative Trading System and Registered Investment Advisor. For more information, visit SharesPost.com.

About GLASS:

GLASS is a decentralized liquidity and settlement network for crypto trading platforms and exchanges.

Participating exchanges will deepen their liquidity, drive incremental transaction volume and settle compliant token transactions in all jurisdictions irrespective of whether or not the tokens are securities. The GLASS network will be anchored initially by the SharesPost Marketplace, an already established U.S. Alternative Trading System for digital and other unregistered securities.

About Lightyear.io

Lightyear supports global partner activities through the development of applications and infrastructure for the Stellar network, a free, open-source financial protocol that connects diverse financial systems. The company, which leverages the Stellar network, is aligned with Stellar.org's primary mission of creating an open and public financial infrastructure, enabling more access for individuals, lower costs for banks, and more revenue for businesses. For more on Lightyear, please visit www.lightyear.io.

About Stellar.org

Stellar.org is a Silicon Valley based nonprofit organization that supports the Stellar network, a free, open-source network that connects diverse financial systems and lets anyone build low-cost financial services-payments, savings, loans, insurance-for their community. The Stellar network enables money to move directly between people, companies and financial institutions as easily as email. This interconnectivity means more access for individuals, lower costs for banks, and more revenue for businesses. For more, please visit www.stellar.org.


Investorideas.com features content for Bitcoin, Blockchain and Digital Currency Stocks and ICO's at Cryptocurrencyinvestorideas.com, Blockchaininvestorideas.com and Investorideas.com

View our growing Bitcoin, Blockchain and Digital Currency Stocks Directory

http://www.investorideas.com/Bitcoin-Cryptocurrency/Stocks_List.asp

Join our LinkedIn Group Blockchain and Digital Currency Stocks and ICO's Latest News and Commentary https://www.linkedin.com/groups/13560073

Check out our crypto blog on blogger.com

https://cryptoandblockchainideas.blogspot.com/

Recently added Bitcoinandblockchainstocks.com at http://www.bitcoinandblockchainstocks.com/


More Info:

Investorideas.com Newswire

This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders


Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release on the Investorideas.com newswire https://www.investorideas.com/News-Upload/

Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp