KoreConX partners with InvestReady to provide investor verification
The partnership will facilitate capital raise for companies using KoreconX platform
[New York, NY – January 08, 2019] – Investors will now be able to use KoreConX all-in-one platform to safely and confidentially verify their accredited investor status.
The new feature was added through a partnership with InvestReady, a company that developed technology to power issuers and platforms with the capability to offer investor verification software right on their site for an efficient and fast verification experience.
Once an investor is verified, they earn a digital, SEC compliant, InvestReady certificate of accredited status. This allows them to instantly qualify for access to participate in investments in a secure and scalable manner.
“Our work at KoreConX is all about making business management effortless, so companies, broker-dealers can focus on growing,” says Oscar Jofre, Co-founder & CEO at KoreConX. “The type of instant investor verification that InvestReady offers make it easier for companies and broker-dealers to complete the capital raise in a compliant manner.
The partnership also celebrates the values both companies have in common.
“I believe our shared focus on providing exceptional service at scale is a huge factor in this partnership,” said Adrian Alvarez, Co-Founder & CEO at InvestReady. “We’re also both constantly re-tooling and thinking about how we can improve our service.”
InvestReady will become part of the KorePartner ecosystem, a group of selected broker-dealers, secondary market platforms, capital markets platforms, lawyers, compliance, investor relations, accounting and marketing firms that support the KoreConX security token protocol and adhere to KoreConX governance standards. KoreConX’s KorePartners are from around the globe and bring the necessary expertise that a company will need to launch a fully compliant security token in multiple jurisdictions.
KoreConX is the world’s first highly-secure permissioned blockchain ecosystem for fully-compliant tokenized securities worldwide.
To ensure compliance with securities regulation and corporate law, the KoreConX all-in-one, AI-based blockchain platform manages the full lifecycle of tokenized securities including the issuance, trading, clearing, settlement, management, reporting, corporate actions, and custodianship. KoreConX connects companies to the capital markets and secondary markets facilitating access to capital and liquidity for private investors.
KoreConX is the first secure, all-in-one platform for private companies to manage their capital market activity and stakeholder communications. Removing the burden of fragmented systems and inefficient tools across multiple vendors, KoreConX offers a single environment to connect companies, investors and broker/dealers. Leveraged for investor relations and fundraising, private companies can share and manage corporate records and investments including portfolio management, capitalization table management, virtual minute book, security registers, transfer agent services and virtual deal rooms for raising capital.