Curated News
By: NewsRamp Editorial Staff
April 25, 2024
Montis Group CEO to Present at Blockchain & Digital Asset Virtual Investor Conference
TLDR
- Montis Group is focused on launching the missing piece of digitally-native, post-trade financial markets infrastructure to reach their full potential, giving them an edge in the digital securities market.
- Montis Group is preparing to apply for a full CSD regulated license in Luxembourg, with a target Go-Live date of Summer 2024 and a focus on settling digital securities across 27 EU member states.
- Montis Group's efforts in tokenising bonds and funds, alongside their commitment to reducing post-trade cost-savings by 45%, will make the financial markets more efficient and accessible for all.
- Montis Group is a 3-year-old startup at the Seed Round funding stage, focused on driving innovation in the financial markets and addressing the growing demand for tokenised securities.
Impact - Why it Matters
The news is important for investors and financial professionals interested in the future of digital securities and blockchain technology. Montis Group's efforts to launch the missing piece of digitally-native, post-trade financial markets infrastructure could have a significant impact on the digital securities market, as well as on post-trade cost-savings for asset managers and custodian banks. The presentation at the conference provides an opportunity for investors to learn more about Montis Group's plans and ask real-time questions, making it a key event for those involved in the digital asset space.
Summary
Montis Group, a London and Luxembourg-based company, announced that CEO Martin Watkins will present live at the Blockchain & Digital Asset Virtual Investor Conference on April 25th, 2024. The company is focused on launching the missing piece of digitally-native, post-trade financial markets infrastructure needed for digital securities to reach their full potential. Montis is preparing to apply for a full CSD regulated license in Luxembourg and is currently raising $3m in its Seed Equity round, with commitments of $1.9m already in place. The company is also targeting authorization and Luxembourg Go-Live for Summer 2024, and is seeing high demand from asset managers for tokenization of bonds and funds, as well as from custodian banks where post-trade cost-savings of c. 45% can be realized.
Source Statement
This curated news summary relied on content disributed by BlockchainWire. Read the original source here, Montis Group CEO to Present at Blockchain & Digital Asset Virtual Investor Conference
