WEST PALM BEACH, Fla.--(BUSINESS WIRE)--The Institute for Blockchain Innovation (IBI) continues its rapid growth as a leader in the global blockchain community today announcing the addition of over 20 new Blockchain/Crypto Leaders as IBI Founding members representing over 30 global organizations. The think tank brings together the world’s innovators in both the traditional and the blockchain/crypto financial systems, along with leaders from corporate, academic, regulatory, entrepreneurial, venture capital, and governmental backgrounds. The IBI has been a pioneer in the security token space.
The open source think tank was launched in May 2018 and its first initiative is in the Security Token space and is called the JOBS Crypto Offering (JCO): a new approach to trading digital equity securities (commonly referred to as “equity tokens”) on the blockchain that creates a solution for the regulatory gap in ICOs. The JCO is a next-gen hybrid that gives startups a pathway from initial capital to IPO on the blockchain so that companies all over the world can more easily tap into the financial resources they need to grow.
David Namdar, Managing Director of Galaxy Digital stated, “The blockchain will revolutionize financial services just as the internet did with communications and commerce. The JOBS Crypto Offering is in a position to revolutionize the investment space as the preferred track to taking a company public.”
New IBI founding members announced today include:
Polymath,
CEO, Co-Founder, Trevor Koverko
Tata
Trusts, Head of Assessments and Impact, Anand Datla
Galaxy
Digital, Managing Director, David Namdar
Park
Capital, Managing Partner, Alexander Lopatine
Securitize,
CEO, Co-Founder, Carlos Domingo
Telefonica,
Director of Growth Channels & Partnerships, Fernando Herrera
Pensco
Trust Company, President, Patrick Hughes
Security
Token Group, Founding Partner, Mario Pazos
University
of Porto Business School, Professor, Pedro Pinheiro
Nearpod,
Founder and Chairman, Felipe Sommer
Dechert
LLP, Partner, Timothy Spangler
Quail Creek Ventures, Managing
Director, Michael Conn
Rivetz,
CEO, Steven Sprague
Polymath,
CTO, Co-Founder, Chris Housser
Indusview,
CEO, Rudra Dalmia
Crypto
Currency Newsfeed, Founder, Aaron Wise
Securitize,
CTO, Co-Founder, Jaime Finn
Userwave,
Chief Data Officer, Nick Brando
Security
Token Group, Founding Partner, Herwig Konings
They join existing IBI founding members in playing an instrumental role bringing together the global leaders of the blockchain and traditional finance to establish standards and best practices to enable and encourage the global community to take advantage of the full power of the blockchain in capital markets.
“We are at the beginning of a multi trillion dollar shift in the way capital will be raised and traded through the merging of blockchain and Wall Street,” says IBI Founder and Chairman Gregory Keough. “The tokenization of assets will create new and improved asset classes and the democratization of investment opportunities making available globally products that previously were reserved to ultra-high net worth investors and hedge funds.”
The IBI believes that the blockchain will be a powerful engine for bringing more people into the financial system and providing equal access to all players globally.
About The Institute for Blockchain Innovation
The Institute for Blockchain Innovation is a think tank of the world’s innovators in both the traditional and the blockchain-based financial systems, along with leaders from corporate, regulatory, entrepreneurial, venture capital, academic, and governmental backgrounds. The open source community is dedicated to establishing standards and best practices to enable and encourage the global community to take advantage of the full power of the blockchain. Each year, the Institute identifies a key blockchain initiative to pursue.
For more information:
www.instituteforblockchaininnovation.org
For a Full List of IBI founding members:
https://www.instituteforblockchaininnovation.org/founding-members
Disclaimer
This press release should not be construed as an offer to sell or the solicitation of an offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. We are not soliciting any action based on this material. It is for the general information of our clients. It does not constitute a recommendation or take into account the particular investment objectives, financial conditions, or needs of individual clients. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, if necessary, seek professional advice. The price and value of the investments referred to in this material and the income from them may go down as well as up, and investors may realize losses on any investments. Past performance is not a guide to future performance. Future returns are not guaranteed, and a loss of original capital may occur. We do not provide tax, accounting, or legal advice to our clients, and all investors are advised to consult with their tax, accounting, or legal advisers regarding any potential investment.