BEST (Blockchain Exchange for Security Tokens) is a leveraging distributed ledger technology (‘DLT’) to transform the traditional financial market infrastructure and change the world of capital markets.
BEST’s security token exchange will provide growth companies a more efficient way to raise equity capital from investors while providing a regulated and liquid secondary market for their issued security tokens. BEST will provide clients with a regulatory compliant and secure end-to-end solution for the initial issuance of the security token to trading on an active secondary market. All assets will be secured with a bank-grade bespoke custody technology with a transparent account and reporting system. BEST trading platform will integrate parts of the traditional financial infrastructure with distributed ledger technology to eliminate the need for many of the rent-seeking intermediaries involved in traditional financial markets.
BEST primary market will provide start-up’s and SME’s access to a wide source of capital at a much lower cost, introducing a novel and superior capital raising process.
BEST's secondary market will offer retail and institutional investors access to a wide variety of promising investment and co-investment opportunities, while providing liquidity via a trading venue with lower costs, instant settlement (T+0), greater security and transparency, enhanced reporting and 24/7 trading.
Investors: Investors (institutional and retail) can invest in promising growth companies while also accessing a liquid secondary market for their equity investments.
Startups and SME's: BEST will revolutionise the capital raising process for startups and SME's, currently dominated by venture capital firms. By issuing tokenised equity on BEST, issuing companies will have great visibility from a wider range of potential investors, while also offering a liquid secondary market for many founders and early stage shareholders.
BEST will begin issuing and trading tokenised equity with plans to roll out to debt and other security tokens.
BEST plans to be regulated as an MTF in the UK under the FCA. more