They are our clients, our friends, good contacts or just people we met in the crypto-community. They have a new vision, they are running great projects, they are developing new services or they just want to share their story.
Havas Blockchain is interviewing key people of the blockchain ecosystem.
We are today with Luc Falempin, CEO of Tokeny:
- Can you present your business?
At Tokeny, we provide issuers with end-to-end solutions to issue, manage and transfer digital securities on the blockchain, by automating processes and enforcing compliance obligations. The exchange of value in current financial markets is full of cumbersome systems with manual and inefficient processes. We bring value to these transactions by automating the servicing and removing friction points in the value chains of security offerings. With more than 20 customers across five continents and live use cases including private equity, funds, and debt instruments, Tokeny is the leading platform for tokenization of financial assets.
2. Why did you take part in the ST8 initiative?
As a recent industry, it is quite complicated for companies to launch a Security Token Offering. They have to deal with multiple parties such as financial advisors, technology providers, and marketing agencies in order to complete successfully their fundraising.
ST8 intends to offer a complete STO solution for French issuers, and we think it is the best approach to help companies getting access to this new infrastructure. From the start of planning a STO, Psion Finance is advising issuers to structure the offering. After, Tokeny is providing the end-to-end tokenization platform to technically handle the offering before, during and after the issuance. Finally, Havas blockchain is managing the communication to make sure the offering can reach the right investors.
Also, France is one of the most proactive countries in the blockchain space. The regulation is evolving in order to facilitate investments in private companies. By combining a well defined regulatory environment and an extraordinary technology such as the blockchain, we are convinced that French companies can finance their growth in a more efficient way.
3. What is your vision, in the long run, of STOs and ICOs?
STOs will eventually revolutionize the way businesses raise capital as they bring clear benefits such as global reach, transferability, transparency and operational efficiency.
We have seen recently very positive signs from European regulators. For once, the USA is getting late in the regulation race for blockchain. In the main financial centers in Europe, such as France or Luxembourg, blockchain is already a legitimate infrastructure for securities. It opens the door for innovation, and for a real economic impact on companies. Blockchain technologies are already accessible, digital assets are already available. With Ethereum wallets becoming easier to use, and the compliance being embedded directly in the financial instruments, we think the key elements are combined to start a new era for capital markets.