• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Changelly
  • Price table

Crypto News PRO

From the world all news

  • Home
  • News

Anchorage Is Streamlining Custody of Tokensoft’s ERC-1404 Security Tokens

Written by:
Aeon Flux
Published on:
14 August 2020
Thoughts:
No comments yet

Aug 13, 2020 at 17:41 UTC

custody-2

(CoinDesk archives)

Crypto custodian Anchorage will provide direct custodial support for two Tokensoft-issued security tokens under a new partnership announced Thursday.

  • Investors in Arca’s ArCoin U.S. Treasury Fund token and the upcoming INX token from digital asset exchange INX Limited can custody their tokens directly with Anchorage.
  • Both tokens use the ERC-1404 standard that Tokensoft developed for SEC registered assets on the Ethereum blockchain.
  • The tokens will now flow through Tokensoft’s affiliated transfer agent directly into Anchorage, a qualified custodian, according to Tokensoft.
  • As reported by Forbes, the direct integration hopes to replicate Wall Street’s seamless purchase-to-custody experience for the blockchain securities space.

Read more: 605 Days Later: How ArCoins Got the SEC Go-Ahead as an Ethereum-Traded Treasuries Fund

Read more about…

CustodyTokenSoftAnchorageCoinFlash

Disclosure

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Categories: Ethereum, News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Search in the news

Translate:

Earn up to 5% every 10 days with Aeon Flux Coins

Categories

  • Bitcoin (1,636)
  • Ethereum (1,035)
  • News (2,930)

Recent Posts

  • Why Tether is a unique Coin in the Crypto World? Is USDT the Future of Cryptocurrencies? 5 April 2021
  • Polkadot and Solana with strong performance 5 April 2021
  • 15 tips for startups to achieve a decent work life balance over the holiday season 5 April 2021
  • There are no Experts in Crypto 5 April 2021
  • Crypto Research Tools That Supercharged My Investing Strategy 4 April 2021

Archives

  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020

© 2015-2020 Crypto News PRO
All Rights Reserved. Powered by IWG Agenzia Web