Silicon Valley Coin by Andra Capital Uses Tezos Blockchain and TokenSoft for Its Security Token Offering - Yahoo Finance
Tezos is a blockchain that supports secure smart contracts and has a number of key features that make it particularly well suited for high-value digital assets, such as digital securities ("security tokens"). Sam Raman, Head of Strategic Partnerships at Andra, stated, "The TokenSoft platform provides the technology for qualified retail investors to participate in desirable, late-stage, pre-IPO technology venture companies, and we have partnered with the best-in-class providers including the Tezos Foundation for its expertise in digital securities for the Silicon Valley Coin offering.".
"We are thrilled to see venture capital firms embrace digital securities, which allow them to easily and compliantly offer global investors access to a historically exclusive asset class," said Alison Mangiero, President of TQ Tezos, a technology company that builds Tezos-based solutions for enterprises and developers. About The Silicon Valley Coin: The innovative Silicon Valley Coin, representing a unit of interest in the Andra Capital Open-Ended Fund, is a tradable security token and breaks the mold of traditional venture capital investing by leveraging blockchain technology.
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$ 1.391
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