SAN FRANCISCO — TokenSoft, a leading security token issuance and asset servicing platform, announced it is launching TokenSoft Investment Accounts as a technology solution providing self-managed wallets for investors in security tokens.
“We’re excited to bring a multi-signature wallet security packaged in a self-controlled, easy to manage brokerage-style experience to the over 100,000 investors using our platform,” said Mason Borda, CEO of TokenSoft. Many of the existing storage solutions for investors are designed for general applications with inadequate cybersecurity measures and are complicated to use.
Investment Accounts provided by TokenSoft gives issuers and their investors:
• Native, brokerage-style experience for prospective investors
• Seamless access to dividend distributions and automated reinvestment opportunities
• Multi-signature key model used by wallets holding over $1 billion in asset • Supports compliant security token standards such as ERC-1404 for Ethereum and FA1.2 for Tezos
• Integrated reporting for Issuers delivering financials and other disclosures to investors
“The ability for non-technical individuals to self-custody is going to change the way assets under management models work in traditional finance. Wallets like TokenSoft Investment Accounts will put pressure on financial institutions to provide better client servicing, value-add services, and investment management tools to earn investors’ business,” said Jordan Davis, VP of Business Development at TokenSoft. “People will be able to add or remove service providers from accessing their assets the same way you can add or remove profiles from your Netflix subscription.”
Financial Institutions and Issuers wishing to offer self-managed investment accounts to their investors may contact us at tokensoft.io.
Investors interested in a TokenSoft Investment Account can request early access at https://tokensoft.io/investors.
TokenSoft is a leading platform for issuers and investors in security tokens and other financial assets on blockchains. From financial institutions to IPOs, our technology supports the full lifecycle of a security including investor onboarding, distribution, custody, and ongoing asset servicing.