Berlin, Germany - October 31, 2019 (Investorideas.com Newswire) Today, Fundament Group, the end-to-end security issuance solution for asset tokenization, announced a strategic investment from Tezos Foundation to introduce a groundbreaking legal-tech solution for tokenizing regulated financial products to the Tezos network.
Fundament Group's mission is to create an inclusive financial market by opening up institutional-grade financial products for all classes of investors while being fully regulated by and compliant with German and European capital market laws. Fundament Group was the first company to receive approval from the German Financial Market Authority (BaFin) for a €250m blockchain-based real estate bond. Its first product, Fundament Real Estate, is the country's first tokenized real estate bond issued on a public blockchain, available with a minimum investment of €1. Fundament Group's adoption of permissionless blockchains means the tokenized bond is easily tradable and enables self-custody with many popular wallets.
Tezos Foundation is a Swiss non-profit foundation supporting the long-term success of the Tezos blockchain and its ecosystem by funding projects and encouraging decentralized development and participation.
Florian Glatz, Co-Founder of Fundament Group, said, "Right now, capital markets are segregated between professional and retail investors. Small investors, in particular, find it difficult to build sustainable wealth through attractive dividends and are largely restricted from investing in certain asset classes. It is our vision to break down these barriers and build a truly inclusive market for financial products on a global level, without compromising on investor protection."
"We look forward to working with Fundament Group as it is providing end to end infrastructure for the lifecycle of securities," added Hubertus Thonhauser, board member of Tezos Foundation. "We are aligned in our vision to challenge the current financial system and we very much look forward to a productive and fruitful partnership."
In September, Fundament Group landed Bauwens Group as a strategic investor - a German real estate developer with a managed project development pipeline of €6.7 billion and over 370 employees.
Further information can be found on the Fundament Group website.
Contact
contact@fundament.group
www.fundament.group
sabine.fernandez@tezos.com
www.tezosfoundation.com
About the Tezos Foundation
The Tezos Foundation is a Swiss non-profit foundation that supports and fosters the Tezos protocol, which is a blockchain technology that evolves by upgrading itself. Stakeholders of the Tezos blockchain vote on amendments to the protocol to reach social consensus on proposals, creating a secure and organic upgrading system. The protocol's on chain governance system, Proof-of-Stake (PoS) consensus algorithm, and ability to facilitate formal verification, make Tezos an ideal long-term solution for digital transactions, including smart contracts and STOs. Tezos is decentralized and it is the role of the Tezos Foundation to support the development and long-term success of the protocol and ecosystem. Learn more at: https://tezos.foundation/
About Fundament Group
Fundament Group is a Berlin-based end-to-end issuance solution for tokenized assets. The company has received approval from the German Financial Market Supervisory Authority (BaFin) to distribute the country's first blockchain-based real estate bond worldwide to both institutional and retail investors. Based on public blockchains, Fundament Group's solution leverages standardised and regulated financial instruments to build a globally tradable asset class. Fundament Group is the only service provider in the tokenization space that offers legal, tech and distribution support to its clients from a single source. The team strongly believes that everyone should have the same opportunities in capital markets without compromising on investor protection. It is Fundament Group's mission to set up institutional-grade financial products that are fully regulated by and compliant to German and European capital market laws in order to be open to all classes of investors.
More Info:
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 investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. 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. Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/
Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
