PASADENA, CA, Feb. 20, 2020 - 2020 Capital Inc. announced today they will be working with Algorand Inc. and Securitize - a collaboration that will remove technical barriers and move the financial advisory industry towards a decentralized and borderless future.
2020 Capital Inc. will issue security tokens on the Algorand blockchain platform which is entirely decentralized and permissionless, making it fair, accurate, secure and open to all. Securitize will further enhance 2020 Capital Inc. by managing its tokens. As the trusted global solution for issuing and managing compliant digital securities on the blockchain, Securitize will support Algorand in delivering complete decentralization, scalability, and security which optimizes the end of user experience.
“We are truly honored and excited to be working with both Algorand and Securitize. They are true tech partners with award-winning teams of experts. Their knowledge and expertise create a system that is more secure, more scalable and more decentralized - all at the same time.” Uzrad Lew, CEO, and Founder at 2020 Capital.
2020 Capital has chosen Securitize, the industry-leading digital security creation and management platform as its technology partner for the creation and management of their tokens. The 2020 Capital tokens will be powered by Securitize’s DS Protocol which will allow for compliant secondary trading on all approved global marketplaces and exchanges.
2020 Capital is all about creating financially self-sufficient communities. They are about to revolutionize the way America’s Middle Class behaves financially. 2020 Capital is the creator of the first-ever financial habitat, Spike, where financial advisors and their local clients weave a never-before-seen empowering and solution-driven community. At their various locations spread across the nation, they will provide the underserved middle class with financial advisory services, financial education and an inspiring workspace wired by Spike 2.0, a state of the art AI-driven data and service platform. This novel ecosystem will not only transform the financial advisory sector but will highlight the path for the resurrection of America’s Middle Class!
Algorand Inc. built the world’s first open-source, permissionless, pure proof-of-stake blockchain protocol for the next generation of financial products. This blockchain, the Algorand protocol, is the brainchild of Turing Award-winning cryptographer Silvio Micali. A technology company dedicated to removing friction from financial exchange, Algorand Inc. is powering the DeFi evolution by enabling the creation and exchange of value, building new financial tools and services, bringing assets on-chain and providing responsible privacy models.
Securitize delivers trusted global solutions for creating compliant digital securities. The Securitize compliance platform and protocol provides a proven, full-stack solution for digital securities (security tokens). Securitize’s innovative DS Protocol has the highest adoption rate in the industry and enables seamless, fully compliant trading across multiple markets simultaneously. Multiple Securitize powered digital securities are already trading globally on public marketplaces with many more in the pipeline.