DigiShares

Ledgible Partners with DigiShares for Tax, Accounting, and Reporting of Digital and Crypto Assets

July 31, 2023

Ledgible, the leading digital asset tax, accounting, and data platform for enterprises and institutions, today announced a partnership with DigiShares, a white-label platform enabling compliant issuance, investor management, and peer-to-peer trading of tokenized digital assets. DigiShares delivers subscriber investment, trade, and distribution data to the Ledgible platform, where economic and ownership activity is analyzed and normalized to enhance efficient CPA-led preparation of Forms 1065 and 1120, Schedule K-1 and other tax returns. With Ledgible, DigiShares issuers, investors, and their accountants realize increased accuracy and efficiency in their tax preparation processes.

“With the growing adoption of crypto and tokenized assets, tax gain and loss accuracy and efficiency in this new, complex environment is critical for each participant in the tokenized asset ecosystem” said Kell Canty, CEO of Ledgible. “Ledgible is excited to work with Digishares in the evolving tax compliance space.”

The Ledgible Digital Asset Tax and Accounting Platform for tax and accounting professionals, enterprises, and institutions supports integrations across major blockchains, cryptocurrency exchanges, wallets, and professional accounting tools. As the bridge between crypto assets and traditional financial accounting, Ledgible determines digital asset tax liabilities and delivers that data to existing and novel TradFi accounting tools. The platform makes digital asset data, Ledgible, across the entire crypto vertical, for institutions, enterprises, and large accounting firms.

Claus Skaaning, Co-founder and CEO of DigiShares, shared, “We are extremely positive about our partnership with Ledgible. This collaboration opens new possibilities for our clients in managing digital assets, enabling them to stay compliant and confident in their tax and accounting practices.”

DigiShares is a digital asset gateway that helps companies harness the power of blockchain technology by expanding access to real-world asset investments via blockchain technology. Through an open ecosystem, DigiShares collaborates on payments, KYC, e-signing, legal, investor management, and trading via smart contracts like real estate.

About Ledgible 

The Ledgible Digital Asset Tax and Accounting Platform is built from the ground up to streamline digital asset accounting operations. Ledgible enables companies to account for and manage digital asset data at scale. As a SOC 1 & 2 Type 2 Certified platform, Ledgible is the trusted provider of choice for large banks, fintech providers, and digital asset and tokenization native companies.

Ledgible operates in 4 key verticals – Tax Information Reporting, Digital Asset Data, Accounting, and Tax filing. The underlying technology of Ledgible allows native customization to fit the needs of any given project within the digital asset data scope. Ledgible makes digital asset data, legible.

About DigiShares

DigiShares is one of the leading providers of white-label tokenization platforms for real world assets, combining financing, corporate management, and trading in an end-to-end solution. Our solutions enable asset owners and fund managers to digitize and automate processes, to reduce administrative cost, to reduce the ticket size to fractionalize and democratize and enable retail investors to participate, and finally to provide a huge increase in liquidity through the built-in marketplace that enables shareholders to trade their assets.

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DigiShares Partners With Texture Capital to Provide Secondary Liquidity for Tokenized Real-World Assets

June 20, 2023

By partnering with Texture Capital, DigiShares and RE.X clients will soon be able to offer their investors liquidity opportunities for their tokenized real-world assets (RWAs), powered by Texture Capital’s SEC-registered Alternative Trading System (ATS).

Tokenization of RWAs is considered one of the most promising segments in fintech, with investment bank Citi describing it as the next ‘killer use case’, and predicting $4 – $5 trillion of tokenized securities by 2030. This alliance firmly positions DigiShares and Texture as market leaders in the space.

DigiShares provides a white-label platform for the issuance and trading of securities, as well as the management of investors. With RE.X, they are seeking to create the go-to global venue for the trading of real estate security tokens.

Claus Skaaning, DigiShares’ Founder and CEO, said “We are delighted to be partnering with Texture Capital to enable on-chain peer-to-peer trading of securities in the U.S. The key to creating liquidity, value, and democratization in the RWA market is providing a trading venue where investors can seamlessly and compliantly trade securities. The combination of Texture’s robust compliant platform with our investor management and trading infrastructure enables us to do just that.”

Texture Capital is a regulated broker dealer focused on the tokenization of securities and real-world assets. Through their Marketplace-as-a-Service offering, they help clients and partners launch and operate tokenized digital securities marketplaces across any asset class.

“DigiShares is a key partner for Texture and we are excited to announce this partnership. Working together, Texture and DigiShares will help drive adoption of tokenized RWAs”, said Richard Johnson, CEO of Texture Capital. “DigiShares software solutions, tokenization platform and transfer agency services are a perfect compliment to Texture’s broker dealer and ATS”.

About Texture Capital

Texture Capital is a FINRA member and SEC registered broker dealer focused on digital securities. We help clients compliantly issue tokens representing equity, debt, revenue share, royalties or other investment contracts. Leveraging blockchain technology and smart contracts, we aim to improve the market structure of traditional capital markets. Texture provides tools for issuance, tokenization and secondary market trading via our Alternative Trading System.

For more information, please visit https://www.texture.capital

About DigiShares

DigiShares is one of the leading providers of white-label tokenization platforms for real world assets, combining financing, corporate management, and trading in an end-to-end solution. Our solutions enable asset owners and fund managers to digitize and automate processes, to reduce administrative cost, to reduce the ticket size to fractionalize and democratize and enable retail investors to participate, and finally to provide a huge increase in liquidity through the built-in marketplace that enables shareholders to trade their assets.

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DigiShares Integrates Fireblocks to Provide Institutional Grade Infrastructure for Asset Tokenization

25-05-2023

DigiShares has announced support for Fireblocks’ highly secure self-custodied wallet infrastructure to better cater for institutional users of asset tokenization. The integration enables all of DigiShares’ clients to use Fireblocks blockchain infrastructure as well as access the Fireblocks network. It also makes it possible for existing Fireblocks clients to tokenize their assets and funds via DigiShares tokenization solution.

The integration is made possible through WalletConnect 2.0 which connects Fireblocks’ 1500+ institutional customers to DigiShares directly with the safety and convenience of the leading digital asset platform. DigiShares’ existing and future clients will also be able to more easily access the Fireblocks Network and enjoy greater connectivity, speed, and security to the capital markets.

DigiShares is the market leading provider of white label solutions for real world asset tokenization. Real world asset tokenization has recently been reported as the “next big thing” in blockchain markets as the technology and legal framework have matured around the world. Institutional companies such as banks, financial service providers, private equity firms and fund management companies have recently shown significant interested in tokenization infrastructure as a way to digitize, reduce cost, fractionalize and create liquidity. Many of these are among Fireblocks users who now get easier access to tokenization technology.

Claus Skaaning, Co-Founder and CEO of DigiShares, stated about the partnership: “We are proud to announce this integration which provides great value for our current and future clients. We see great synergies with Fireblocks who like DigiShares is a white-label provider of blockchain-based infrastructure for the financial services industry. Our clients will now be able to more easily access the Fireblocks network of service partners, including liquidity providers.”

About DigiShares

DigiShares is one of the leading providers of white-label tokenization platforms for real world assets, combining financing, corporate management, and trading in an end-to-end solution. Our solutions enable asset owners and fund managers to digitize and automate processes, to reduce administrative cost, to reduce the ticket size to fractionalize and democratize and enable retail investors to participate, and finally to provide a huge increase in liquidity through the built-in marketplace that enables shareholders to trade their assets.

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DigiShares Integrates with Dwolla to Offer USD Fiat Payment Options to Clients 

DigiShares, a leading tokenization platform and digital Transfer Agent, has announced its integration with Dwolla, a modern payment solutions provider enabling same day, real-time and instant A2A payment capabilities. 

Miami – April 21, 2023. DigiShares, one of the leading providers of white-label tokenization platforms for real-world assets, has announced a partnership with Dwolla, a payment services provider enabling businesses with industry leading account-to-account technology. This strategic move aims to broaden the access of investors to blockchain-based shares representing legal ownership in real-world assets. 

DigiShares provides an end-to-end solution for smart contract creation, investor onboarding, cap table management, and peer-to-peer trading. The integration of Dwolla’s embedded payment solution further enhances the platform’s offerings by bridging traditional fiat payments with the security token ecosystem, enabling clients to process payments via ACH and RTP. 

The CEO of DigiShares, Claus Skaaning, recognizes the importance of providing investors with the best payment processing rails possible to join the ecosystem and benefit from security tokens. He shared, “Although our company specializes in blockchain solutions, a majority of investors in the U.S. prefer to transfer their funds in USD. We are excited to start rolling out this integration to our U.S. clients as it represents a significant upgrade to our current fiat payments system.” 

Brady Harris, Dwolla’s CEO, stated “We’re excited to collaborate with DigiShares as they continue to innovate in the digital securities industry. Our platform is designed specifically for businesses who are building products and services that require scalable, secure and reliable payments infrastructure. We’re excited to be part of DigiShares’ platform and enable their growth.” 

The integration of Dwolla with DigiShares’ white-label tokenization platform marks a significant milestone for investors looking to gain access to Digital Asset Securities. The combination of both platforms creates a seamless user experience, allowing clients to conduct their investment transactions with ease. The partnership between DigiShares and Dwolla represents a further step in democratizing access to the security token ecosystem. As the use of blockchain-based securities continues to grow, partnerships like this one will become increasingly important. 

About DigiShares

DigiShares is one of the leading providers of white-label tokenization platforms for real world assets, combining financing, corporate management, and trading in an end-to-end solution. Our solutions enable asset owners and fund managers to digitize and automate processes, to reduce administrative cost, to reduce the ticket size to fractionalize and democratize and enable retail investors to participate, and finally to provide a huge increase in liquidity through the built-in marketplace that enables shareholders to trade their assets.

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About Dwolla 

Dwolla, Inc. is a leading payment services provider powering innovations with sophisticated account-to-account payment solutions. Dwolla’s robust platform, low-code API and partnership ecosystem simplify the complex process of integrating with the ACH and real-time payment networks to create a single end-to-end solution. Hundreds of startups and Fortune 500 companies use Dwolla’s technology to help move over $45B annually. Dwolla offers an ideal solution for businesses seeking to streamline their payment processes to reduce errors and scale their operations.

For more information on Dwolla’s services, visit their website.

The FuturEstate Alliance and DigiShares Partner to Revolutionize Real Estate Tokenization

The FuturEstate Alliance specializes in real estate tokenization and believes in its potential to facilitate the needed flexibility in asset arrangements, and provide for an inclusive, eco-sustainable real estate market development and revolutionize the real estate investment market. Through the platform built by the FuturEstate Alliance and the package of comprehensive business, technical, marketing, legal, regulatory and compliance services offered by the Alliance, developers, estate agents, and real estate owners can tokenize their properties and offer the created tokens to the public, and investors have the opportunity to invest in real estate represented by digital tokens, easily, quickly with security and transparency. The FuturEstate Alliance will be using DigiShares’ white label technology to tokenize real estate assets.

The FuturEstate Alliance as a real estate tokenization platform aims to offer inclusive, eco-sustainable real estate market development. The Alliance will provide developers, estate agents, real estate owners and organizations with a package of comprehensive business, technical, marketing, legal, regulatory, and compliance services to tokenize their real estate assets. Investors will be able to invest in real estate represented by digital tokens with security and transparency. To tokenize real estate assets, the FuturEstate Alliance will be using DigiShares’ white label technology. The first project of the FuturEstate Alliance is yet to be announced.

Claus Skaaning, Co-Founder and CEO of DigiShares, stated about the partnership: “We are very excited about collaborating with FuturEstate Alliance on inclusive eco-sustainable development projects which is very much aligned with the values of DigiShares. We are happy that they see our white label tokenization platform as a good fit for their requirements.”

Alexis Nicolaou, Partner in Distributed Ledger Technologies at Grant Thornton Cyprus, member of the FuturEstate Alliance, said: “We view DigiShares as one of the leading players in the fast-growing tokenization industry and look forward to collaborating. We see great value in the tokenization of real estate assets as a vehicle for enabling liquidity and creating equal opportunity access for investors.”


About The FuturEstate Alliance

The FuturEstate Alliance is a strategic partnership between three companies, offering new, innovative investment solutions in real estate. The participating members of The FuturEstate Alliance are Grant Thornton Cyprus, Christiana Aristidou and Zoltar.agency. A group of experts in real estate, distributed ledger technology (Blockchain), law & regulation, and web 3.0 created the FuturEstate Alliance, bringing stakeholders even closer to real estate tokenization, the most modern form of investment in real estate worldwide.

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Members of The FuturEstate Alliance

Grant Thornton Cyprus | Christiana Aristidou LLC | Zoltar.agency

About DigiShares

DigiShares is one of the leading providers of white-label tokenization platforms for real world assets, combining financing, corporate management, and trading in an end-to-end solution. Our solutions enable asset owners and fund managers to digitize and automate processes, to reduce administrative cost, to reduce the ticket size to fractionalize and democratize and enable retail investors to participate, and finally to provide a huge increase in liquidity through the built-in marketplace that enables shareholders to trade their assets.

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DigiShares Integrates with Fortress Trust to Offer Cutting-Edge Payments and Custody Solutions

DigiShares, a leading tokenization platform and digital Transfer Agent, has announced its integration with Fortress Trust, a chartered trust company, to offer cutting-edge payments and custody solutions to their clients. This integration marks a significant step forward in the world of cryptocurrency and blockchain technology, providing seamless payment and custody solutions to DigiShares’ users.

Fortress Trust is known for its innovative approaches to integrating traditional financial services with blockchain technology. With its advanced solutions for crypto and fiat payment rails, as well as on and off-ramps, Fortress Trust is setting the standard for secure and efficient financial transactions in the digital age.

Through this new integration, DigiShares’ clients will be able to seamlessly:

  • Accept and process payments via credit card, linked bank accounts, wires, and crypto
  • Convert fiat to USDC and vice versa at low cost
  • Send fiat and crypto distributions 
  • Offer custodial wallets to their investors, enabling them to hold crypto and security tokens

As a regulated financial institution in the State of Nevada, Fortress Trust cannot hold client assets “on the balance sheet.” All assets are held FBO (“for benefit of”), ensuring no risk of third-party claims. This is a crucial feature, especially in the wake of the collapse of Silvergate, Signature, and Silicon Valley Bank.

Claus Skaaning, CEO of DigiShares, shared, “The tokenized securities ecosystem will only be successful if the solutions offered to investors and issuers are easy to use. Their interaction with payments and custody – not only for crypto but also fiat – needs to be seamless. The combination of DigiShares and Fortress Trust is a big step forward.”

As said by the Founder of Fortress Trust, Scott Purcell, “DigiShares has shown themselves to be an innovator in the security tokenization space, and we believe that they are positioning themselves a market leader as the industry starts to shift into a more compliant regulatory environment. We couldn’t be more excited to partner with DigiShares in their next leg of growth.”

Overall, the integration of DigiShares with Fortress Trust represents a significant step forward in the world of cryptocurrency and blockchain technology. By providing seamless payment and custody solutions to their clients, DigiShares is helping to shape the future of the fintech industry, and Fortress Trust is proud to be a part of that journey.

About Fortress

Fortress is a Nevada State Chartered Trust Company that provides leading web3 infrastructure solutions for brands and builders to build on/off-ramps, self-custody wallets, as well as fungible and non-fungible token programs. Fortress is the back-end infrastructure layer for a variety of leading Fintech, Web2, and Web3 products and enables clients to bring their Web3 initiatives to market in a quick and compliant manner. Check us out at Fortress.xyz, or on Linkedin and Twitter.

Website: https://fortress.xyz/

About DigiShares

DigiShares is one of the leading providers of white-label tokenization platforms for real world assets, combining financing, corporate management, and trading in an end-to-end solution. Our solutions enable asset owners and fund managers to digitize and automate processes, to reduce administrative cost, to reduce the ticket size to fractionalize and democratize and enable retail investors to participate, and finally to provide a huge increase in liquidity through the built-in marketplace that enables shareholders to trade their assets.

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DigiShares Signs With Oasis Pro Markets LLC For Secondary Trading Capabilities

DigiShares is proud to announce that it has entered into an agreement with Oasis Pro Markets LLC, an SEC registered Alternative Trading System (“ATS”), to offer secondary trading capabilities for future security token offerings in accordance with applicable regulatory restrictions.

Oasis Pro Markets has developed a US-regulated ATS authorized to allow subscribers to trade digital (“blockchain”) securities and make payment for those digital securities in digital cash (i.e. stable coins) or fiat.

Typically, investments in start-ups tend to be illiquid, i.e. investors may not be able to sell their shares easily. Unless there is an Initial Public Offering or an acquisition, other options for exit may be burdened with high intermediation fees and archaic processes. This leads to sellers having to settle for a lower price than what their shares are actually worth (the “illiquidity discount”).

By working with Oasis Pro Markets LLC, DigiShares private company shareholders will have the potential opportunity to seek liquidity through a regulated trading venue.

DigiShares has recently launched a capital raise under Reg D and Reg S, in the form of a Security Token Offering, available to investors outside the U.S. and accredited investors within the U.S. The DIGI tokens, which were minted on Ethereum and will be distributed to investors, represent preferred equity shares in DigiShares’ Delaware corporation. The DIGI tokens will be listed on Oasis Pro Markets once the one-year regulatory lock-up period has ended. For this listing, DigiShares will be acting as its own digital Transfer Agent.

Claus Skaaning, CEO of DigiShares: “We look forward to working with Oasis Pro Markets to provide a pathway to potential liquidity for our investors.  We view Oasis Pro Markets as an important company in our ecosystem on many different projects involving our own clients in the Real-World Assets space.”

Pat LaVecchia, CEO of Oasis Pro Markets: “We view DigiShares as a leading player in the blockchain space. We are thrilled to partner with them and look forward to continued collaboration as we grow the security token ecosystem together.”

About Oasis Pro Markets

Founded by seasoned Wall Street and blockchain veterans, Oasis Pro, Inc. is a leading fintech and blockchain company with a mission to bridge the world of traditional finance, blockchain and decentralized finance, “DeFi.” Oasis Pro’s subsidiary, Oasis Pro Markets, is a FINRA member firm that operates a multi-asset ATS (“OATSPRO”) to allow primary issuance and trading of public and private multi-asset digital securities as well as a full-service investment bank.

OATSPRO enables issuers and subscribers to conveniently and securely buy, sell, and offer a range of alternative assets in the secondary market. Subscribers may also make payment for digital securities via fiat and digital currencies including stablecoins, and central bank digital currencies (CBDC) through their custodians. Backed by a team with deep fintech industry and regulation experience, Oasis Pro is the next evolution of alternative asset investing. For more information, visit www.oasispromarkets.com. Securities are offered through Oasis Pro Markets, Member FINRA/SIPC.

About DigiShares

DigiShares is one of the leading providers of white-label tokenization platforms for real world assets, combining financing, corporate management, and trading in an end-to-end solution. Our solutions enable asset owners and fund managers to digitize and automate processes, to reduce administrative cost, to reduce the ticket size to fractionalize and democratize and enable retail investors to participate, and finally to provide a huge increase in liquidity through the built-in marketplace that enables shareholders to trade their assets.

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Leading Tokenization Firm DigiShares Introduces Three New Solutions

DigiShares, a global provider of infrastructure for tokenization of real-world assets, has recently introduced three new configurations of its market leading platform, to cater for three different market segments. This enables DigiShares to support the main three tokenization use cases, crypto-settled, fiat-settled, and internally settled. Each configuration is optimized for full automation and ease of use.

The first configuration supports full crypto payment workflows and internal settlement in a crypto balance. To avoid currency exchange-rate risk, DigiShares recommends to use trusted stablecoins for payment and settlement, such as USDC and EUROC (when available). This configuration assumes that issuers and users have their own wallets (such as Metamask) to facilitate transactions such as whitelisting of wallets, purchase of security tokens, and trading with security tokens. Trading works with a peer-to-peer smart contract-based atomic swap with no counterparty risk.

The second configuration is for use cases where the majority of investors are not familiar with crypto or prefer not to use crypto. For this use case, we support a fully fiat-based configuration where investors can pay in fiat (USD, EUR, etc.) from their normal bank accounts via wire, ACH, and credit card. Security tokens will be kept internally in the platform so there is no requirement for users to have a wallet.

The third configuration is for more regulated or institutional use cases where the issuer wants to provide investors with an internal wallet with crypto funds available to invest at any time. This configuration allows investors to top up their internal balance with stablecoins (USDC, EUROC, etc.) and to use these funds to invest in the listed projects. The system will maintain investors’ wallet balance internally. Since most issuers are not licensed to safekeep investor funds, this configuration typically requires custody integration.

DigiShares is blockchain agnostic and supports both Ethereum, Polygon, BSC, Ravencoin, and soon Polymesh. Other chains will be supported later in 2023. We provide a user-friendly token studio that supports minting security tokens with common parameters for all these chains. For EVM-compatible chains we provide our own heavily tested and audited implementation of ERC-1404.

Claus Skaaning, CEO at DigiShares, says, “As the crypto industry matures, we see the crypto configuration as the most interesting. Longer term we expect the trend go towards self-custody, either in Metamask, or in similar wallets associated with exchanges, such as Coinbase or Binance Wallets, or more institutional wallets, such as Fireblocks Wallet. In any case, we are prepared to meet most requirements with the above three configurations”.

About DigiShares

DigiShares is one of the leading providers of white-label tokenization platforms for real world assets, combining financing, corporate management, and trading in an end-to-end solution. Our solutions enable asset owners and fund managers to digitize and automate processes, to reduce administrative cost, to reduce the ticket size to fractionalize and democratize and enable retail investors to participate, and finally to provide a huge increase in liquidity through the built-in marketplace that enables shareholders to trade their assets.

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