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Smartlands to utilise Investment Fund structure based on Liechtenstein Law

Blockchain-based global investment and digital banking ecosystem, Smartlands has announced its plans of expanding its legal framework in a bid to create a broader set of options for high-net-worth individuals. The company is expected to utilise the Investment Fund structure based on the Liechtenstein legislation under the EU regulatory directives. This will help Smartlands in aligning itself with the interests of high-net-worth individuals, family offices, and institutional investors.

“Crowdfunding is a very exciting area of fundraising, particularly in the UK with the country’s dense financial markets and tight regulations. Those preconditions allow us to involve all types of retail investors in campaigns for tokenised shares in virtually any asset class,” said Yaroslava Tkalich, Smartlands’ CMO.

The company has also announced its plans to tokenise the first investment fund with £50 million in assets during the first two quarters of 2020.

Ilia Obraztsov, Smartlands CEO said, “We’re excited about the possibilities the Liechtenstein Blockchain Act presents to investors and issuers in regards to direct tokenisation of any asset using blockchain tokens as containers for any assets. Armed with cutting-edge legislation for investment funds, the Liechtenstein jurisdiction is ideal for structuring basically any financial product on blockchain there may be. Liechtenstein SICAVs (or open-ended funds) are industry standard and one of the most popular types of funds in the EU. SICAVs can be used as umbrella funds for multiple sub-funds.”

Founded in 2017 in the UK, Smartlands is a platform facilitating the tokenisation of real economy assets by issuing security tokens.

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