Fintech and investment management company Blackmoon Financial Group today launched Blackmoon Crypto Platform, its blockchain-based platform for tokenized vehicles. It is billed as a “one-stop solution for asset managers to create and manage legally compliant tokenized funds”.
Holding company Blackmoon Crypto issues the platform’s main tokens and provides IT, compliance, licensing and bank partnerships. The platform and tokens are based on the Ethereum blockchain.
“Setting up the proper investment structure is a costly endeavor,” Blackmoon Financial Group CEO Oleg Seydak said. “Not all tokenized funds set up a proper structure, which leads to greater regulatory risk for investors.
“Now is the time to introduce the industry standard for setting up tokenized investment vehicles that can attract investments from private individuals and institutional investors of any kind. That’s what the Blackmoon Crypto platform does; it reduces the regulatory risk and bridges the gap between the fiat and crypto worlds.”
Most tokenized investment vehicles are either fully crypto-oriented of pegged to a tradable asset. Fiat investment opportunities foster diversification and retain benefits associated with crypto, including decentralization, transparency and exchangeability. Tokenized funds offer higher net returns.
“Tokenized funds are more cost-efficient thanks to lower infrastructure and setup costs,” Blackmoon CIO Sergey Vasin said. “This economy is transmitted to investors in the form of higher net return. For the cherry on top, fund tokens are also immediately tradable.”