How the Ankorus TGE will Pass a SEC Sniff Test while Tokenizing Financial Assets

in #crypto7 years ago

David DuByne is the creator of ADAPT 2030 Video Series that discusses the intensifying Grand Solar Minimum, a 400 year cycle in the Sun which will effect global crop yields and the move to smart contracts for payment guarantee for grain deliveries by 2020.

I had a chance to ask John Cruz CEO of Ankorus questions that arise when you mention asset tokenization in a cryptocurrency ICO. My first thoughts are SEC and financial regulators, how will you get around that and protect investor funds? Here is what he had to say. By becoming a broker-dealer entity, we will get the SEC's blessing. Everyone else is trying to tokenize assets while not being a broker-dealer entity, this is where they run into trouble with the SEC.

How the Ankorus TGE Will Pass a SEC Sniff Test While Tokenizing Financial Assets

I had a chance to ask John Cruz CEO of Ankorus questions that arise when you mention asset tokenization in a cryptocurrency Token Generating Event (TGE). My first thoughts are SEC and financial regulators, how will you get around that and protect investor funds? Here is what he had to say.

From the Ankorus Executive Summary: The Anchor Token system will be an alternative investment ecosystem that tokenizes and makes available any financial instrument, including stocks, bonds, futures, options, gold, silver, commodities, REITs, ETFs and sovereign debt. This will allow cryptoholders to truly diversify their portfolios across multiple asset classes and buy real world financial assets in exchange for cryptocurrency.

http://www.oilseedcrops.org/2017/10/13/how-the-ankorus-ico-will-pass-the-sec-sniff-test-while-tokenizing-financial-assets/

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https://medium.com/@Ankorus/how-the-ankorus-tge-will-pass-an-sec-sniff-test-while-tokenizing-financial-assets-94ed7a32d7b1