WP FINAL 221018 SPREADS F - Flipbook - Page 1
The Tokenise Platform
Blockchain-based crowdfunding allows businesses to create their own digital currencies and sell them. This
also gives the ability to raise funds directly from investors, who in turn will make a return if the value of their
tokens (equity/debt/utility) increases.
Foreign Investors - Currently, there is no specific UK law governing or restricting foreign investment. Under
UK law, foreign investors, or foreign-controlled companies are treated exactly as UK owned businesses and
may engage in most forms of economic activity in the UK, if they fall into one of the above categories. To
ensure our position on foreign investors we have obtained external legal advice regarding allowing overseas
investors:
Tokenise have engaged the services of Latham & Watkins (legal counsel) to conduct a jurisdictional analysis
for each jurisdiction that may be targeted by Tokenise in order to ensure it is working in accordance with the
regulations of each country.
There are various standards the Tokenise platform will establish to control quality and deal flow. By
implementing robust controls and procedures, Tokenise will allow only those which are deemed to be
credible investment opportunities to list on the platform (although it will be the responsibility of the
investor to ensure they have conducted adequate due diligence to make an investment on the platform);
this will occur following an onboarding process which will conduct the relevant due diligence and signoff procedures:
Develop a robust business plan detailing ownership structure, customer base,
suppliers, management information systems and operational controls, including
financial information.
Compliance
Compliance can be narrowly defined as the process by which an organisation ensures it observes and complies
with the external statutory laws and regulations. Legal Governance, Risk Management, and Compliance or
“LGRC”, refers to the complex set of processes, rules, tools and systems used by corporate legal departments
to adopt, implement and monitor an integrated approach to problems and risks within an organisation.
Ensure understanding of the Tokenise platform criteria. What the platform
requirements are and the rules of engagement. Create a campaign on the platform.
Security Systemic Resilience
No single record can be altered on our network without detection, a feature intended to prevent fraud,
misappropriation and abuse. The risk of a central point of failure is reduced; the Tokenise and partner
networks can continue to operate despite some entities being affected by outages. This will ensure that
our and partner networks are more resistant to fraud and cyber-attacks.
Global Outlook
One of the issues surrounding security offerings is the ability to issue and trade on multiple exchanges. This
is currently possible through ‘Global Depository Receipts’ (GDRs) and acts almost as a co-listing arrangement.
By having exchanges and platforms operating from multiple jurisdictions or partnering with such exchanges
it is possible to create a network of ‘Exchange Nodes’, whereby they all co-list and therefore are more
tradeable, transferable and transparent to local investors and provide different levels of access to investors
on a local and international basis. This naturally should lead to an increase in the ability to raise capital
subject to regulatory review.
Develop investor relations strategy and ensure the right team is in place to
communicate the strategy. Decide on valuation, method of offering and which
advisors to appoint.
Tokenise sees and approves documents, ensuring the due diligence is complete and
start web marketing, attracting investor attention.
Company completes raise and trading begins in the security tokens.
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