Blockchain FinTech Company AlphaPoint Announces Re
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New York, May 14, 2018 (GLOBE NEWSWIRE) -- Major asset classes – from commodities like gold to exclusive goods like art – account for a combined investment opportunity of over $11 trillion. The opportunity to digitize these assets is projected to reach $308 billion by 2019. AlphaPoint , the global financial technology company that helps institutions make illiquid assets liquid with blockchain technology, today announced the Regulated Asset Backed TokenTM (RABT) framework to unlock the benefits hidden in illiquid asset classes, enable new deal types, and dramatically improve liquidity and overall value of assets.
Muirfield Investment Partners , the Boston-based private equity real estate investment firm, is familiar with the opacity and illiquidity in the private equity real estate space. By partnering with AlphaPoint, Muirfield will offer investors a new way to invest in and gain exposure to U.S. real estate. The token will be accessible to accredited investors under Regulation D of the Securities Act and to foreign investors under Regulation S of the Securities Act and is expected to be available for investment later this year.
“AlphaPoint’s technology is enabling Muirfield to launch the next generation of private equity investment vehicles – ones that address the well-known structural issues related to current private equity funds,” said Thomas J. Zaccagnino, Muirfield’s Founder. “By tokenizing a real estate investment vehicle, investors are for the first time, able to freely trade their ownership on regulated secondary exchanges. As a result of this liquidity, Muirfield is now able to offer investors a superior private equity investment structure; one that is more liquid, appropriately structured, and improves alignments between investors and managers.”
RABT is a compliant tokenization framework for creating self-regulating, compliant tokens backed by real assets. AlphaPoint’s Asset Digitization platform already gives institutions and organizations the ability to digitize any asset. RABT takes it a step further by combining the benefits of public networks with regulatory controls to enable specific asset classes, including private shares, commodities, debt, securitized assets, and exclusive goods, to become digitized.
- Unlocking Benefits of Illiquid Assets: Improvements in liquidity, transfer and settlement time, and compliance overhead will enable investors and issuers to unlock benefits hidden in illiquid classes as well as enable new types.
- Compliance Follows the Asset: The RABT framework allows for compliance rules that enforce themselves via Blockchain technology, effectively enabling self-regulating assets that follow compliance rules at the protocol level. Only approved investors can hold RABT tokens and issuers can enforce restrictions across primary offerings and secondary markets – including both peer-to-peer transfers and exchange – as well as enforce holding periods and complex rule-based transfer restrictions.
- Benefits to Issuers : The added benefits to digitizing illiquid assets via the RABT framework offers issuers the ability to access new markets, dramatically reduce the burden of regulations and management complexity, and improved record keeping via distributed ledger technology.
- Benefits to Investors : Investors will have the opportunity to access previously opaque markets as well as improved liquidity with the ease of finding buyers and sellers, streamlined settlement, and smaller incremental transaction sizes.
“We are on the cusp of the next great wave of blockchain technology: tokenized securities,” said Salil Donde, AlphaPoint Chief Executive Officer. “Securitization of assets is about bringing benefits of the Blockchain, benefits of tokenizing real-world assets, and creating massive opportunities by creating a marketplace to dramatically improve liquidity and the overall value of assets.”
A live demo of RABT will be exhibited at AlphaPoint’s booth at Consensus 2018.
About AlphaPoint AlphaPoint is a global financial technology company helping institutions make illiquid assets liquid. Through its secure, scalable, and customizable distributed ledger platform, AlphaPoint enables customers to digitize assets as well as launch and operate markets. AlphaPoint and its award winning blockchain technology has helped institutions discover and execute their blockchain strategies since 2013. For more information, please visit https://alphapoint.com and follow @AlphaPointLive .
About Muirfield Investment Partners Muirfield Investment Partners is a private equity real estate investment firm headquartered in Boston, Massachusetts. Focusing on opportunistic investments across all real estate subsectors, Muirfield delivers flexible, creative and scalable capital solutions to high-quality, high-integrity Sponsors. We are passionate real estate investors supporting our Sponsors in the thoughtful, and intelligent development, redevelopment, and expansion of communities around the country. Additionally, Muirfield is leading the effort to leverage blockchain technology to reinvent private equity investing. By utilizing blockchain technology, Muirfield is addressing key structural issues within the private equity industry, filling a market gap for crypto investors, and making private equity investing liquid and accessible to investors of all sizes and geographical location. For more information, please visit https://muirfieldip.com and follow @muirfieldip .
This is not an offer to sell, or the solicitation of any offer to buy, any tokens. A solicitation of any offer to by any such tokens may only be made at the time a qualified offeree receives an offering memorandum describing the offering and related subscription agreement.
Media Contacts Marissa Arnold marissa@alphapoint.com press@alphapoint.com
Chris Bibey for Muirfield IP chris@vermamedia.com
Marissa Arnold marissa@alphapoint.com press@alphapoint.com Chris Bibey for Muirfield IP chris@vermamedia.com