NEW YORK, Oct. 17, 2018 /PRNewswire/ -- With backing from
over 80 funds including Fenbushi Capital, Vechain foundation,
BKFUND, Frees Fund, and Gobi Capital, an upcoming listing on a
major crypto exchange, and an upcoming fully operational testnet
release, Hashgard, a new generation of trusted, inclusive,
intermediary, and programmable digital finance public chain, has
set its sights on carving out a dominant position in the Asian,
American and European markets.
Cryptocurrencies have outlived the hype and have transformed
into an asset class in their own right. Hundreds of investment
funds from around the world have begun offering crypto exposure for
interested clients, revealing many glaring questions about how
those digital assets will then be managed and organized. As billion
of dollars are involved in the Token Economy Industry, a precise
and transparent public chain infrastructure is necessary.
That's where Hashgard comes in. Hashgard's blockchain-based
solution is designed to systematically support the issuance,
management, trusteeship, settlement, audit, process control, and
dispute arbitration of decentralized assets while providing
investors with real-time, transparent information. Although these
functions are at the core of Hashgard's solution, they are only the
tip of the iceberg.
The red-hot security token offering (STO) is already starting to
disrupt the trillion dollar finance industry, with top-tier global
exchanges NYSE and SIX Swiss Exchange preparing their own
platforms, Bakkt and SIX Digital Exchange, respectively. Hashgard
is developing a smart contract deployment platform for the STO
market, aiming to provide an all-in-one offering for both companies
and crypto funds. The new platform is set to feature a token smart
contract one-click generation tool and smart contract auditing
services, among other features.
"STO is a new revolution for token offerings, which can meet the
legal and compliance requirements globally," said Tom
Huang, Co-Founder of Hashgard.
Over 80 funds, including Fenbushi Capital, Vechain, BKFUND, and
Node Capital, have backed Hashgard with investments totaling more
than $20 million. Many of these funds
are lining up to become Hashgard's first clients.
Hashgard founder Charlie Xu, who
is also the founding partner at BKFUND, has gathered a team of
blockchain, business, and technical professionals as well as
valuable strategic advisors from across the blockchain space. The
Hashgard team is currently developing a testnet and smart contract
deployment platform and have already released their Digital Asset
Management Platform in July 2018.
Although Hashgard (GARD) already trades on exchanges Gate.io,
Bgogo, Hotbit, and Idex, the team have announced that GARD tokens
are also set to get listed on one of the top ten crypto exchanges
by year end. Blockchain auditing firm ICORating awarded Hashgard a
"Stable+" rating in September
2018.
Hashgard is aiming to leverage this momentum and traction to
make a grand entrance into the digital finance markets of
North America and Europe and establish itself as the premiere
"one-stop" solution for institutions that offer crypto exposure
around the world.
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SOURCE Hashgard