Neufund’s partnership with Ledger will enable users to manage real-world assets on the blockchain while creating the safest user-experience for investors
BERLIN – December 6th, 2018 – Neufund, the end-to-end solution for securities tokenization and issuance, announces its partnership with Ledger, a global leader in securing crypto assets. This collaboration aims to develop a framework for security tokens.
Neufund and Ledger will work together to create the safest user-experience for crypto investors by developing a framework for security tokens. Ledger, which recently launched a desktop application for user-friendly crypto asset management, Ledger Live, plans to soon add an ERC20 integration to its app. The app will enable users to manage security tokens issued through Neufund’s set of protocols.
“Currently, Ledger’s hardware wallets are the safest way to set up and manage investments conducted through Neufund’s set of protocols. With operations in the 7-9 digit (€) range, security becomes a the top priority. Enabling investors to manage their ERC-20 based equity tokens directly from a desktop app will disrupt the way we interact with our crypto assets” says Zoe Adamovicz, CEO of Neufund.
Ledger’s solutions are already incorporated into Neufund’s platform. Companies and investors are able to set up and manage their accounts using Ledger’s hardware wallet. The current partnership builds on a previous collaboration, which created a special edition of the Ledger Nano S to high-profile investors participating in Neufund’s Initial Community Building Mechanism, back in November 2017. The devices were then notarized in Germany, which provided an additional layer of protection to its hardware wallet.
“We are excited about today’s announcement. It marks a new, important chapter in bringing security tokens to the Ledger platforms” said Eric Larchevêque, CEO at Ledger. “We are thrilled to be joined at this frontier by Neufund, a leader in securities tokenization and issuance.”
Along with joining forces to create a more secure framework for managing real-world assets on blockchain, the two companies will organize an open legal-technical hackathon in Paris, with the aim of creating better solutions for managing tokenized real-world assets.
Neufund is currently hosting the company’s first public offering of equity for its parent company – Fifth Force GmbH. The public sale will start on December 9, 2018 at 11am UTC and will last for seven days. The token’s name is FORCE, and the currencies accepted are ETH and EUR, where 1 share will be equivalent to 10,000 equity tokens.
Founded in 2014, Ledger is a leader in security and infrastructure solutions for cryptocurrencies and blockchain applications. Headquartered in Paris and San Francisco, Ledger has a team of 160 professionals developing a variety of products and services to safeguard cryptocurrency assets for individuals and companies – including the Ledger hardware wallets line already sold in 165 countries. In 2018, Ledger was named as one of the “Hottest Startups in Paris” by WIRED Magazine.
Neufund provides an end-to-end solution for asset tokenization and issuance. Its open-source set of protocols for enhanced ownership allows anyone to give real-world assets a representation on the Ethereum Blockchain in form of legally-binding security tokens. The first application of our company’s tech and legal architecture are “Equity Tokens” which enable companies to conduct regulated offerings on Blockchain. Being at the legal and technical frontier, Neufund advises governments on DLT regulation, supports open-source dev projects and educates financial communities around the world. Neufund’s platform is a primary market offering for capital raising which already attracted investment pledges from notable community of investors, including Frank Thelen (Freigeist), Christophe Maire (Atlantic Labs), Alexander Lange (Index Ventures) and Max Kordek (Lisk). Neufund’s mission is “Enabling ownership for all” through making ownership more transparent, accessible and efficient.
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