Private company liquidity solutions and research provider SharesPost, is partnering with with Satis Group, an advisory firm for STOs. The two firms will refer clients back and forth, with Satis sending token issuer clients to SharesPost for ICOs and secondary trading on its Alternative Trading Platform (ATS), and SharesPost directing its issuer clients to Satis for end-to-end advisory services.
“For SharesPost, partnering with a leading advisory group like Satis is the perfect way to launch our Advisor Partner Program,” founder and CEO Greg Brogger said. “Satis will augment its full-suite of advisory services with SharesPost’s ICO and secondary trading marketplace. So issuers will get the benefit of both Satis’ expertise with deal structuring, token economics, and investor outreach and online distribution to SharesPost’s 50,000 accredited investors. We believe that this combination of expert advisory services and compliant transactional platform is exactly what security token issuers have been looking for.”
SharesPost is scheduled to soon launch its security token marketplace, leveraging its current, operational ATS and experience in the private capital market to provide primary issuers with a primary issuance platform and an accessible secondary trading venue. Satis Group has advised on the sale of more than $100 million worth of tokens, including security tokens BCAP, Science Blockchain, and Protos. They will now be able to provide its full-suite of advisory services to issuers who plan to issue and trade on the SharesPost security ATS, optimizing the issuers’ offering execution and providing them a compliant secondary trading platform.
Emma Channing, Co-Founder and General Counsel of Satis Group, said: “SharesPost is a trusted name with private growth companies and entrepreneurs and has integrated appropriate regulatory compliance into its platform. We think that there is an extraordinary future for security tokens but key to that are compliant issuance and secondary trading platforms and SharesPost is a leader in the space. We couldn’t be more delighted to partner with this highly-reputed and respected platform.”