back Back

Whitehall Capital announces a partnership with Securitize

By Joy Dumasia

November 15, 2021

  • Asset Management
  • Digital assets
  • Europe
Share

Whitehall Capital announces a new and innovative approach to investing in its specialist bridge financing fund, ‘Whitehall Capital Management Limited’. Whitehall Capital has struck an agreement with the US-based digital asset securities marketplace, Securitize, enabling investors in the specialist Whitehall fund to hold their assets in a tokenized form. Using the Securitize platform, Whitehall investors will now be able to buy and sell units in the Fund, trading their holdings with other investors. Whitehall Capital is the first UK-based company to engage with Securitize in this way.

Anthony Bodenstein, the Managing Partner at Whitehall Capital, said: “Our partnership with Securitize gives our investors an exciting and innovative new way to interact with us as the investment manager and with other investors in the Fund.

When investors register on the Securitize platform, they will see a digital representation of their investment, where their investment is shown in a number of tokenized units. They can see how their investment is performing, giving them greater visibility than they have at present and trade units with other investors, posting on the portal that they wish to buy or sell. Investment Reports and other information will also be loaded to the portal.

As there is currently no secondary market for investments in Whitehall Capital, we anticipate investors will quickly take on board the benefits of working with this easy to use and interactive platform and holding funds in this way. This will be one of the first tokens backed by loans which are secured by property assets in the real world, delivering an income of 8% to 10% per annum. Securitize delivers a self-serving facility and will be welcomed by new and existing investors alike. We believe it will have a particular appeal for tech-savvy, early adopters and look forward to welcoming many new clients to the Fund.”

Jamie Finn, President of Securitize, Inc., said: “Securitize is pleased to partner with Whitehall Capital by serving as its transfer agent. As a transfer agent, Securitize is responsible for issuing tokenized shares in Whitehall Capital Management Limited, providing them to shareholders, tracking transaction activity, and ensuring all of this is securely recorded on the blockchain. We look forward to working with Whitehall Capital and its team.”

Previous Article

November 15, 2021

SABB launches Shariah Compliant supply chain finance solution

Read More
Next Article

November 15, 2021

Wicrypt to hold IDO on OccamRazer’s decentralized launchpad

Read More






IBSi Daily News Analysis

May 28, 2024

Asset Management

Latin America becomes a hotbed for FinTech unicorns and tech innovation

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

May 08, 2024

Temenos extends partnership with Citi Securities Services

Read More

May 08, 2024

Revolut debuts crypto trading platform for professional traders

Read More

May 07, 2024

Incore Invest backs Swedish savings platform SAVR

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023