STO Rating was one of the first platforms to identify the trend towards security tokens and has since established itself as one of the most reputable review websites in the space.
During the review process, STO Rating will ask project leaders to complete a short and intuitive KYC procedure. This helps to ensure the legitimacy of the STO and allows for a more comprehensive analysis of the management teams behind them. KYC-Chain will be providing the software and expertise to facilitate this.
The STO Rating team also aims to grow its advisory services and to provide independent due diligence research on upcoming STOs. As more and more fintech companies shift their focus from an Initial Coin Offering (ICO) to a Security Token Offering (STO), review platforms like STO Rating will play a vital role in maintaining the integrity of the industry.
Unbiased and professional analysis of capital intensive projects are vital not only for the industry however, but also for the individuals and institutions investing in them. As a result, KYC-Chain is very excited to be working closely with such an exciting platform in the industry.
KYC-Chain was founded in 2014 and has since built a comprehensive suite of compliance tools. In 2019 alone, KYC-Chain has helped the first licensed STOs in both Germany and Bermuda onboard investors in a fast and compliant manner.
KYC-Chain founder Edmund Lowell said of the partnership:
“We are pleased to provide KYC/AML and investor accreditation checks using kyc-chain and selfkey platforms, which have already enabled compliant ico and sto offerings across several jurisdictions. We are keenly aware of issues facing STOs including post issuance liquidity and have a number of compliance and technology tools to enable a successful sto lifecycle.”
STO Rating founder Matt said:
“STO Rating is delighted to be partnering with KYC-Chain to offer another level of transparency in our due diligence of the Security Token market. With the STO market still in its infancy, we believe that additional verification processes to help companies and investors navigate the Security Token ecosystem is needed. Overall, given STO Rating’s expertise on rating research and KYC-Chain’s efficient KYC management technology, we believe this partnership will create strong synergies for the industry as a whole.”
KYC-Chain provides state of the art compliance solutions for businesses of all sizes. Since 2014, KYC-Chain has helped service providers process over 500,000 KYC applications in a cost-effective way. To learn more, please book a demo.
Head of Marketing
About STO Rating
STO Rating is the leading source of listings and research of Security Token Offerings. We seek to provide coverage and transparent analysis on upcoming projects. To learn more, visit our website.
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