In a recent announcement, AllianceBlock has made it known that it has struck a new partnership with ABO Digital. Through the partnership, both parties would offer tokenized structured products for cryptocurrency projects and institutional firms that are actively looking for an alternative medium of finance.
Using its decentralized and trustless Blockchain infrastructure, as well as the Nexera protocol, the collaboration will see the firm tokenize traditional financial instruments and have the option to make them into traditional Actively Managed Certificates (AMCs). This will be made available to capital providers that have no interest in holding digital assets.
Structured products brought to life by AllianceBlock and ABO Digital, will produce cryptocurrency projects that offer a different traditional funding option like the issuing of tokens to market makers or venture capitalists through a Simple Agreement for Future Tokens (SAFT). This will in turn make it possible for them to gain access to increased liquidity from providers of institutional capital, with total compliance.
Speaking on the partnership, Amine Nedjai, the CEO of ABO Digital highlighted the relevance of the collaboration with both firms. — Amine Nedjai asserted.
Together, ABO Digital and AllianceBlock represent the perfect combination of innovation, expertise, and professionalism in the cryptocurrency market. With our combined effort, we aim to bring a fresh perspective to the world of decentralized and traditional finance and attract more institutional capital providers. We look forward to working with AllianceBlock and paving the way for a new era in finance, one that is both creative and professional.
Rachid Ajaja, the CEO of AllianceBlock also spoke on how the firm intends to make a revolution in the industry through strategic partnership. Ajaja explained.
Through this strategic partnership, AllianceBlock is set to revolutionize the industry by leveraging its infrastructure to tokenise traditional financial instruments and new instruments for the digital asset space, taking a giant leap forward in providing institutions with a more compliant and risk-averse way to take advantage of DeFi’s benefits. This partnership marks a significant milestone for both companies and the industry as a whole, demonstrating our commitment to innovation, compliance, and risk management. The future of finance is looking brighter than ever.
The partnership will see ABO Digital carry out negotiations and build financial instruments centered around the project’s capital and liquidity requirements. AllianceBlock will later join hands with NexeraID’s identity management toolkit and Nexera Protocol’s infrastructure to tokenize them into AMCs with full compliance.
AllianceBlock is a blockchain-agnostic protocol looking to provide clients and financial firms with access to legally trade cryptocurrencies. AllianceBlock is focused on bridging the gap between the DeFi and traditional finance market, so as to automate the process of converting digital assets to bankable products.
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About ABO Digital
Abo Digital, which is a part of the Alpha Blue Ocean Group, is an investment firm that focuses on digital assets and provides investments in cryptocurrency projects across the globe.