Indeco Union, the social capital platform, and truCrowd Inc., a FINRA-member Regulation Crowdfunding intermediary registered with the SEC, announced the first complete, regulatory compliant ecosystem for crypto security token investors and issuers that spans initial discovery, token-pre-sales, qualified offerings, and secondary market trading.
Security tokens issued by platform members will be available globally to the general public, regardless of the income level and net worth of the investor.
In the past, most security token and token pre-sales offerings have been restricted to high-net worth individuals and institutions in the US, and only publicly available in other countries.
“Investors are attracted to crypto assets for the social dynamics and liquidity of token offerings, but are often kept away by lack of clarity in the economic models and frequency of outright scams, while issuers have found regulatory uncertainty daunting,” said David Levine, CEO of Indeco. “By creating a vibrant community of issuers and investors, valuing regulatory compliance and providing an excellent experience to all our members, both issuers and investors, we aim to dramatically expand the token market and improve the long-term results.”
“In creating a powerful community of security token issuers and investors, Indeco is a great partner for us to have,” said Vincent Petrescu, the CEO of truCrowd. “In the age of crypto assets, entrepreneurs will need a viable and compliant security token, along with a complete platform for investor relations, communications, and performance analysis. This will help to generate and maintain support for the liquid securities issued by early-stage startups. Regulation Crowdfunding is the pathway to this opportunity.”
TruCrowd operates the following three Regulation Crowdfunding intermediary portals:
- TruCrowd.com is for a wide range of startups raising funds through equity, debt and revenue sharing securities
- Fundanna.com is for entrepreneurs raising funds
- CryptoLaun.ch is for issuers of security token pre-sales agreements
Through its partnership with Indeco, startups that raise funds on any of these platforms can issue security tokens to provide liquidity and periodic monetary distributions to investors over the blockchain. Indeco’s security token specification enables entrepreneurs to create unique, compliant investment contracts at no cost that are attractive to investors and compliant with SEC regulations for offerings to the general public.
Indeco connects security token issuers with investors and works to deepen that connection over time by providing ongoing updates and performance analysis.
With the expected proliferation of security tokens as a means of capital formation for entrepreneurs and a valuable new asset for investment portfolios, Indeco intends to serve a vital role as the trusted source of relevant and reliable information shared between market participants.
Indeco is a social capital platform that aligns the interests of security token issuers and investors for long-term success. Encouraging open, transparent communications and regulatory compliance to help entrepreneurs build successful companies and investors to develop valuable portfolios.
Located in the heart of the financial district of downtown Chicago, truCrowd is a FINRA member equity crowdfunding portal operating under Regulation Crowdfunding (Title III of JOBS ACT); connecting startups and emerging businesses with non-accredited and accredited investors.
Built on the belief that not all businesses and investors are alike, Indeco prides itself on delivering a personalized and professional funding experience through industry-leading technology.
For more information contact: Scott Griffith – firstname.lastname@example.org – 704.775.0487