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Arca Labs partners with Securitize on regulated, tokenized financial products
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Arca Labs Collaborates with Securitize to Launch Tokenized Financial Products
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6/30/2021 1:34:40 AM GMT
Billions in private assets could be securitized on a blockchain and sold to traders. So why haven t security tokens taken off yet?
A multi trillion dollar universe of illiquid, privately held assets stands ready to be securitized on the blockchain. Millions in venture capital are riding on the premise. So why haven’t security tokens caught on yet?
Tokens can be divided into two types: utility tokens and security tokens. Most people are more familiar with utility tokens than security tokens because they are much more common. (Ethereum and Litecoin are examples of utility tokens.) A security token, on the other hand, represents an ownership stake in an asset, typically a company, and entitles its holder to a share of profits in the asset. Security tokens are much less common.
Former Pimco Exec Sees Digital Asset Growth - Traders Magazine
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Arca Hires Vance Sanders as Chief Financial Officer and Chief Compliance Officer
Digital asset firm
Vance Sanders has joined the company as Chief Financial Officer and Chief Compliance Officer, and
Nikesh Dalal has joined as Head of Product for Arca’s innovation division,
Arca Labs.
Sanders formerly served as Chief Financial Officer, Chief Technology Officer and Chief Operations Officer of
Equinox Financial Group, LLC. He also served as Treasurer/Principal Financial Executive of the Equinox Funds Trust.
Dalal was recently a Program Director at
Yieldstreet where he helped to launch a registered Closed-End Fund and evaluated blockchain solutions. Previously he was a Solutions Architect focused on Enterprise use-cases with blockchain software firm