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August 30, 2017updated 01 Sep 2017 6:15am

Blackmoon Financial Group unveils blockchain platform for investment funds

Blackmoon Financial Group, a New York-based investment management firm, has introduced a blockchain-based platform for tokenised investment funds.

The new platform, dubbed Blackmoon Crypto Platform, is based on the ethereum blockchain and enables users to create and manage legally compliant investment funds.

The investment manager said that its platform will investors manage various aspects of funds including technology and infrastructure, legal framework and corporate structuring.

Holding firm Blackmoon Crypto will oversee IT, compliance, licensing, and banks partnerships as well as issues main tokens of the platform.

Blackmoon Financial Group CEO Oleg Seydak said: “Now is the time to introduce the industry standard for setting up tokenized investment vehicles that can attract investments from private individuals and institutional investors of any kind. That’s what the Blackmoon Crypto platform does; it pays attention to regulatory risk and bridges the gap between the fiat and crypto worlds.”

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