trending Market Intelligence /marketintelligence/en/news-insights/trending/ih8kpjo41ejnz1gtgx1cxq2 content esgSubNav
In This List

Smart Valor secures Swiss approval to act as financial intermediary

Blog

Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Blog

Banks’ Response to Rising Rates & Liquidity Concerns


Smart Valor secures Swiss approval to act as financial intermediary

Blockchain startup Smart Valor AG has secured regulatory approval to operate as a financial intermediary in Switzerland.

Following the approval, the startup will launch Valor Platform, a global marketplace for tokenized alternative investments, in two stages.

The first stage covers the public launch of the platform in the fourth quarter of 2018, focusing on cryptocurrencies and nonsecurity tokens. Smart Valor's status as a member of the Association for the Quality Assurance of Financial Services, a self-regulatory organization, allows it to publicly launch its platform.

In the second stage, the platform will expand its offering to asset-backed tokens, pending regulatory approval. The second stage is planned for the second quarter of 2019.

Plans for the second stage include introducing security tokens backed by equity in blockchain companies, infrastructure projects, crypto funds, real estate and venture capital. The startup said it is working on securing a banking license to enter the security tokens space.