General Archive

German Volksbank Haselünne eG and neoFIN clear the way for tokenised securities

15. June 2022/in General /by Susanne Stock

At the end of March 2022, it was announced that the German Volksbanken and Raiffeisenbanken (cooperative banks) were looking into crypto offerings and wallet solutions for private customers. “We definitely do not want to close ourselves off to this market demand,” said Marija Kolak, President of Bundesverbands der Deutschen Volksbanken und Raiffeisenbanken (BVR). Volksbank Haselünne eG is going one step further: In the future, the Lower Saxon institution also wants to offer tokenised securities and is cooperating with FinTech neoFIN for this purpose.

Volksbank Haselünne eG sees potential of tokenised capital market issues

Board member Oliver Pohl sees the use of tokenisation as broadly diversified for his bank. On the one hand, tokenised capital market issues are to be offered as financing vehicles. “As a cooperative bank, we are a strong partner for individual financing solutions for many companies in our region,” says Pohl. “Alternative forms of growth, expansion or succession financing have been taking on a growing importance for us for some time as an alternative to classic loans. Tokenised capital market issues represent a consistent addition to our financing mix.”

In addition, the bank’s board of directors also wants to launch its own tokenised co-investments. Furthermore, Volksbank Haselünne is expanding the investment strategy for its private and professional investors through digital assets.

“Board and management team of Volksbank Haselünne recognised the opportunity of early positioning in this market,” says Philip Filhol, Chief Technology Officer at neoFIN. “The decision to focus on tokenisation at this point in time is a clear sign that the potential of digital assets is also recognised by classic institutions from the financial sector. The token economy, which is explicitly promoted by the Federal Government, continues to gain momentum. We are pleased to contribute to Germany’s development as a pioneer for digital assets together with Volksbank Haselünne.”

Austin Distel_Unsplash

TOKENISED SECURITIES AS A COMPETITIVE ADVANTAGE: THE FUNGIBLE ASSET CLASS OF THE FUTURE

12. May 2022/in General /by Susanne Stock

Since the release of the Bitcoin protocol in 2009, the blockchain has ignited a lasting transformation in the financial industry. Alongside cryptocurrencies, DeFi and NFTs, fully regulated tokenised securities have been gaining relevance in recent years. The potential of this asset class also has implications for the work of banks, asset managers and family offices. Engaging with it now means gaining an important competitive advantage.

Portfolio diversification through tokenisation

Currently, investments in fungible and liquid markets are mostly limited to the purchase of shares in listed companies or bonds. At the same time, the opportunities for diversification are constantly shrinking. In 2007, there were still 761 listed companies in Germany. In 2020, there were only 438, meaning that fungible investments are only possible in around 0.013% of German companies. This downward trend is being reversed by tokenisation. German SMEs can issue a wide variety of fungible vehicles via this innovative financing option. These include bonds, convertible bonds, registered shares or profit and exit participations. Single-asset securitisations in, for example, a single property, ship or classic car, can also be realised via tokenisation. Through tokenised assets, financial institutions and asset managers can offer their clients new investment opportunities for portfolio diversification – including investing in fungible assets that are not suitable for trading on traditional exchanges.

Tokenised securities issues on the way to becoming established

The multiple advantages of tokenisation mean that by 2030, around 27.4% of global issuance volume is expected to be transacted via tokenised securities. By then, the annual tokenised issuance volume will increase to about 4.1 trillion US dollars.

Nevertheless, few banks are yet in a position to offer tokenised capital market issues to their customers. The reasons for this include the complex set-up of the corresponding infrastructure and the lack of specialised knowledge in the area of blockchain. Kai Jordan is the CEO of mwb fairtrade Wertpapierhandelsbank. His institute has held an issuing licence since 2006 and has supported numerous IPOs since then. Jordan explains: “Our IPO advisory services focus on medium-sized companies. A classic IPO is not the right way for every company to enter the capital market. For us, digital securities issues are a contemporary alternative that also saves issuers money.” To achieve this, Jordan relies on collaborations: In the area of tokenised capital market issues, mwb works together with neoFIN Hamburg GmbH.

Oliver Pohl, board member of Volksbank Haselünne eG, has also decided to bring neoFIN expertise in-house. “We have been offering alternative forms of financing as an alternative to classic loans for a long time. That is why there is no way around tokenised capital market issues for us,” he says. Tokenisation as a financing vehicle will not stop there: “Our investors will also benefit from digital assets, both in issues by our customers and via co-investments in our Volksbank-owned investments.”

This article was published as a guest article by Patrick Schütze, CEO of neoFIN, in Private Banker Magazine.

SatoshiPay Ltd

Meinhard Benn invests in neoFIN

22. April 2022/in General /by Susanne Stock

Blockchain pioneer Meinhard Benn is taking a stake in neoFIN Hamburg GmbH. Benn is considered a driver of the decentralised finance ecosystem from the very beginning. He has been involved with new technologies and alternative economies for many years. Since 2011 also explicitly with cryptocurrencies and blockchain applications in the financial sector.

In 2014, he founded SatoshiPay. His company was one of the first German start-ups in the field of blockchain and cryptocurrencies and quickly took on a pioneering role in the local crypto scene. SatoshiPay quickly attracted the attention of renowned investors, including Börsenmedien AG, Axel Springer Plug and Play. Also the blockchain organisations Aeternity, Aergo and the Stellar Development Foundation are among the investors.

Together with his team at SatoshiPay, Benn developed a blockchain-based nanopayment system for monetising web content. Furthermore he set up DTransfer as an international instant payment solution. In 2021, he and his team also founded Pendulum. Pendulum brings the open-source Stellar protocol to a broader DeFi ecosystem and optimises currency exchanges on the blockchain. Stellar is superior to other protocols, especially in its application for international digital payments.

In January 2022, Meinhard Benn handed over his position as CEO of SatoshiPay to co-founder Alexander Wilke. He has since been active in the role of Chairman. Meinhard is also in demand as a consultant for numerous blockchain projects.

Benn sees tokenisation as a milestone for financial inclusion

“I have long pursued the goal of global financial inclusion, and tokenisation of assets is a significant milestone on the way there,” says Meinhard Benn. “It makes it easier for investors to participate in the capital markets. Failing due to the usual hurdles such as banks or high entry sums is no more risk. Therefore it leads to more self-determination. That is why I am firmly convinced of the potential of neoFIN.”

“Meinhard Benn is one of the most accomplished experts and innovators in the field of distributed ledger technologies (DLT),” says Patrick Schütze, founder and CEO of neoFIN Hamburg. “We have known and appreciated each other for a long time. I am very happy that we can intensify our cooperation by participating in neoFIN. We will benefit from his immense knowledge around blockchain technology.”

Meinhard Benn also has a lot to share outside of his blockchain know-how. Find out more about why he started programming at the age of 12. And: how he fulfilled his dream of getting to Japan overland on a folding bicycle (Podcast interview in German language).

PORTFOLIOALPHA AND NEOFIN HAMBURG TAKE TOKENISED ASSETS TO THE INSTITUTIONAL FINANCIAL MARKET

4. March 2022/in General /by Susanne Stock

Tokenised capital market issues are increasingly becoming a serious financing vehicle for SMEs. However, there is still a need for information in the institutional sector. A situation that Portfolioalpha Consulting GmbH and neoFIN Hamburg GmbH want to change: The two Hamburg-based companies have agreed to cooperate.

Portfolioalpha’s clientele includes private banks, co-operative banks and savings banks as well as a number of family offices and fund managers. In addition, there are other institutional investors such as insurance companies, pension funds, churches, foundations, health insurance companies, professional associations and municipalities. “Many institutional investors are not yet aware of the gigantic potential of tokenised securities as an asset class,” says Stefan Maiwald, managing partner of Portfolioalpha. “We want to change that together and make them increasingly aware of the topic.”

Another focus of the cooperation is on working with banks and savings banks. “Only very few banks are currently already in a position to offer tokenised capital market issues to their customers,” says Patrick Schütze, founder and CEO of neoFIN Hamburg GmbH. “One reason is the complex set-up of the corresponding infrastructure, another one the lack of specialist knowledge in the area of blockchain.”

Tokenised capital market issues offer a number of advantages for both issuers and investors. These include cost savings of between 30 and 65 per cent compared to traditional securitisation, as well as end-to-end fungibility for alternative, previously illiquid asset classes.

“Together with neoFIN, we offer banks and savings banks the opportunity to meet two customer needs at the same time. They can provide corporate clients with cost-efficient issues of tokenised securities and investors with fungible investments in alternative asset classes,” says Stefan Maiwald. “Through our cooperations, we offer them uncomplicated and legally secure access to a new, future-oriented extension of their business model.”

About neoFIN

neoFIN Hamburg GmbH supports capital-seeking companies in issuing tokenised securities/security token offerings (STO). Through its own platform, the FinTech offers complete support from the planning phase through the term of the public offering to the successful completion of the capital market project. As a one-stop shop, neoFIN covers all legal, technical and sales components KYC and AML compliant from a single source. www.neofin-hamburg.de

About Portfolioalpha

Portfolioalpha is an independent and owner-managed company and an expert in capital market brokerage. As a reliable partner, they attach great importance to personal and long-term support for their clients and are available with their sound experience and market assessment. www.portfolioalpha.com

Tangany

Digital assets: What you should know about crypto custody and wallets

22. February 2022/in General /by Susanne Stock

Anyone who wants to invest in digital assets such as virtual currencies or tokens cannot avoid the topic of crypto custody. In October 2021, Tangany received the final permission from BaFin to conduct crypto custody business. Along with Coinbase and Kapilendo, the FinTech is one of the first and so far only three companies that have been able to obtain the coveted crypto custody licence.

In his guest article, Philipp Sandor (Manager Sales & Business Development) explains the different types of custody and how Tangany will continue to position itself strongly in this market with its Custody Suite.

Crypto custody refers to the safekeeping of digital stores of value such as virtual currencies or digital securities, so-called tokens. Basically, it is a further development of the traditional custody business, such as that offered by a bank. Figuratively speaking, a wallet can be thought of as a digital wallet, a bank account or a securities account.

With regard to cryptoassets, the custody is geared towards a fully digitalised environment. It therefore entails a number of special technical features.

In this context, you can also read about how banks deal with the trading and custody of cryptocurrencies.

Incidentally, it is not really the tokens or coins that are held in custody, but rather the cryptographic access data for them: the so-called private key. This is the individual authentication key that the custodian holds for the respective owners of the crypto assets.

The safekeeping of cryptoassets or private keys is an essential component for anyone who wants to invest in cryptoassets or use the diverse possibilities of blockchain technology. Without safekeeping, one is at great risk of theft, fraud or loss.

What types of wallets are there for crypto custody?

Generally, a distinction is made between cold and warm wallets. Another common name for a warm wallet is a hot wallet. Put simply, the values are managed online in the warm wallet and offline in a cold wallet. Compared to a licensed custody solution, other so-called “self-custody” approaches to self-custody also exist. Examples include a MetaMask wallet or a cold storage solution such as from Ledger. However, it should be noted that the user is then responsible for storing his private key and is exposed to a great risk if it is lost or made public.

In order to make it easy for customers and end users and to relieve them of the great responsibility of safekeeping, there is the Tangany Custody Suite. It offers both solutions:

The warm wallet solution with API integration is a regulated, highly secure and scalable custody solution for digital assets based on a hardware security module (HSM) technology.

In addition to Bitcoin and Ethereum, all protocols of the Ethereum ecosystem (all ERC Smart Contract-based tokens) and all EVM (Ethereum Virtual Machine) compatible blockchains such as BSC, Polygon or other Layer 2 can be held in custody. In addition, we have custody of other Utility Tokens, Security Tokens and Non-Fungible Tokens (NFT). We have also recently integrated the Tezos Blockchain into our Custody Suite. For a detailed list of supported coins and tokens, please feel free to contact Tangany.

Our warm wallet solution can be integrated into new or existing systems as a white label product, both in clients’ software, app or interface. Via the API interface, the customers – or, as in the neoFIN example, their investors – can manage the wallets themselves, execute transactions and call up the current balance.

For our B2B customers, who come from traditional finance, tokenisation and blockchain projects, this means enormous added value, flexibility and scalability, as well as an easy path into the blockchain industry. To this end, they benefit from our experience, expertise and industry knowledge gained as one of the first movers in this still young market segment.

In addition to our warm wallet solution, we also offer customers our regulated cold wallet solution for crypto custody.

It is a hardware wallet physically stored in a safe. With the cold wallet solution, we currently cover the top 50 coins and tokens. All customer wallets are separated from each other and may have different governance levels, address whitelisting and multisignature solutions. Furthermore, backup mechanisms are active in both our warm and cold wallet suites to secure access to our clients’ assets in the hypothetical event of a natural disaster or third-party intervention.

Of course, security is at the forefront of our custody suite. As a fully regulated crypto custodian by BaFin, we operate to the highest standards and can offer maximum security. Furthermore, our processes and standards are ISO 27001 certified.

How does the creation of a wallet for crypto custody work?

Let’s take the example of neoFIN again, which uses our B2B white label solution and infrastructure. After registration and subscription on the neoFIN platform, a wallet is directly created for each individual customer in the Tangany infrastructure. The customer can then communicate with their own wallet via the platform and the API interface, view the holdings and initialise transactions. Thus, each customer has their own public key address.

Depending on the customer’s wishes, there are also various additional services that are tailored to each individual B2B customer.

The investor does not need to do anything for this and is not aware of the process. On the other hand, they can act immediately and have their own public key address. The private key is kept in the HSM and never leaves the HSM.

How many wallets should I have?

Asked the other way round: How many bank accounts and securities accounts do you have? Technically, it is not necessary to have several of them. And yet there are reasons to split assets.

Different cryptoassets can be stored on Tangany Wallets. As already described, the focus here is on Bitcoin, all ERC tokens and the relevant EVM blockchains such as BSC, Polygon or other Layer 2.

The wallet remains intact as long as assets are stored on it. This is particularly important for investors who have invested in the Green Ship Token via neoFIN, for example, which has a relatively long term. The wallet is only deleted when this has expired or the customer sells the assets. Of course, this only happens if the assets were legally transferred beforehand.

If an investor wants to invest in crypto assets over a long period of time (so-called “HODLn”, i.e. hold for a long time), it would make sense to additionally store the assets on a cold wallet solution.

On the other hand, there is of course also the case that someone invests via neoFIN and already has their own wallet. If our B2B partner like neoFIN makes this possible, the customer can then of course also use it for a transaction. Tangany is completely flexible here.

What happens if I lose the access data to my wallet?

You can regularly read about this supposed horror scenario in the media. At least for Tangany customers and their end customers, we can give the all-clear:

Tangany is a B2B white-label provider. This means: The end customer receives access to the wallet via the dashboard or the frontend of our B2B partner. If he loses the login data, he reports to our B2B customer. He can restore access at any time. Private keys of the customer are always securely stored in the Tangany infrastructure.

In addition, the Tangany partner portal will soon be available for our B2B customers. There they can, for example, generate reports, determine governance levels and independently manage their API credentials.

About Tangany

Tangany was founded in 2018 by Martin Kreitmair, Christopher Zapf and Alexey Utin. Alexey is a computer scientist, Christopher and Martin have a background in business informatics. All three are united by their enthusiasm for decentralised networks. Their mission from the beginning was to guarantee the highest standard of reliability and security. A claim that is honoured by the experts: Tangany has already won the coveted Fintech Germany Award twice, each time in the categories “Seed Stage” (2020) and “Investment Technology” (2021). The company reached another major milestone in October 2021 when it received BaFin authorisation in accordance with Section 65 (2) of the German Banking Act (KWG) to keep registers of crypto securities.

By of February 2022, Tangany has assets under custody (AUC) of approximately €500 million. Its biggest customers include the Exporo platform, German commercial banks, a top tier crypto exchange for the Cold Wallet Suite and VC funds.

The FinTech is pursuing ambitious goals. After a successful funding round in 2022, Tangany aims to grow its team from the current 22 people to 50 by the end of the year in the next twelve months. The regulated white-label custody suite will be further developed to meet the needs of customers (partner portal, MPC technology, usability, regulatory security) in order to continue to grow strongly in Germany and Europe. In addition, further revenue streams for customers (staking, lending, DeFi applications) as well as a significant expansion of the licence offering with regard to crypto custody licences and crypto securities registry management are also in the pipeline. Tangany wants to be the largest custodian in Europe in five years.

Tero Vesalainen/iStock

neoFIN and Mwb Fairtrade Wertpapierhandelsbank cooperate for tokenized capital market issues

28. January 2022/in General /by Patrick Schütze

neoFIN Hamburg and mwb fairtrade Wertpapierhandelsbank conclude cooperation agreement for tokenised capital market issues

neoFIN Hamburg GmbH and mwb fairtrade Wertpapierhandelsbank AG will work together on digital capital market issues in the future. The Hamburg-based FinTech will provide technical advice and implementation of digital securities and other tokenised financing instruments for the established capital market service provider.

mwb fairtrade Wertpapierhandelsbank has held an issuing licence since 2006 and has since accompanied numerous medium-sized companies to the stock exchange.

“We have been observing the trend of tokenised capital market issues for a very long time. With the team at neoFIN, we have now found the right partner to be able to expand our IPO advisory services to include security token offerings,”

says Kai Jordan, mbw board member.

neoFIN founder and CEO Patrick Schütze sees great potential in the cooperation:

“Especially in the SME sector, tokenised capital market issues have not yet arrived as a more cost-effective and digital alternative to traditional financing vehicles. Through the cooperation, we want to further establish the trend towards digital securities and advance this contemporary form of capital procurement and investment.”

Press contact

Susanne Stock-Jakobsen
neoFIN Hamburg GmbH

T: 040/18 19 58 95
E: stock@neofin-hamburg.de

About neoFIN

neoFIN Hamburg GmbH supports capital-seeking companies in issuing tokenised capital market products in the form of digital securities/security token offerings (STO). Via its own platform, the FinTech offers complete support from the planning phase through the term of the public offering to the successful conclusion of the capital market project. As a one-stop shop, neoFIN covers all legal, technical and sales components KYC- and AML-compliant from a single source. neoFIN Hamburg GmbH is a contractually bound intermediary within the meaning of Section 3 (2) of the German Securities Trading Act (WpIG) and acts as investment intermediary pursuant to Section 2 (2) No. 3 of the German Securities Trading Act (WpIG) exclusively for the account and under the liability of CONCEDUS GmbH, Eckental. www.neofin-hamburg.de

About mwb

mwb fairtrade Wertpapierhandelsbank AG is a securities service provider licensed by the German Federal Financial Supervisory Authority (BaFin) with branches in Gräfelfing near Munich, Hamburg, Hanover, Frankfurt, and Berlin. The company was founded in 1993. In 1999 it went public (ISIN DE0006656101, WKN 6656101). mwb is active in two business divisions: Securities Trading and Corporates & Markets. In Securities Trading, mwb manages around 38,000 order books for German and international securities. This makes mwb one of the largest order book managers in Germany. The range of services in the Corporates & Markets segment includes, among other things, listings and new issues on the regulated or open market in Frankfurt or on a regional stock exchange, as well as capital increases and reallocations. www.mwbfairtrade.com

Art Rachen/Unsplash

Crypto exchange BitMEX intends to buy Bankhaus von der Heydt

22. January 2022/in General /by Susanne Stock

It is a groundbreaking announcement: The crypto exchange BitMEX plans to buy the traditional German bank von der Heydt. This adds a whole new brushstroke to the “old world meets new world” picture. A picture that we ourselves helped paint by issuing the digital security for the Vogemann shipping company takes on a completely new dimension here. Because next to von der Heydt (founded in 1754), Vogemann looks downright youthful. In 1886, the year of its foundation, the bank’s first securities issue was more than 50 years ago. One of the first in Germany, by the way.

Nothing has changed in the bank’s first mover role to this day. Von der Heydt has been active in the field of tokenisation since some years and even has a (provisional) crypto custody licence. Among other things, it is far ahead of the competition through targeted strategic partnerships. Fireblocks, Bitbond, Appian, CGift – you name it. Bankhaus von der Heydt is thus one of the first banks in Germany to offer blockchain services such as trading in cryptocurrencies and custody services for financial institutions.

And now this super coup. In which, for once, not the old = big fish swallows the young = small, but the other way around.

BitMEX CEO Alexander Höptner speaks of jointly building a “regulated crypto products powerhouse in the heart of Europe”, and that is a strong statement.

Höptner himself comes from the Stuttgart stock exchange, which is well known for its pioneering role in the crypto sector. So they know each other.

The takeover still requires the approval of BaFin. But once that is done:

What does that mean for the banking world and the traditional financial sector? The bank will remain in its current form, that’s for sure. But of course the acquisition will have an impact on an entire sector. And of course, no one sums it up better than Sven Wagenknecht, editor-in-chief of the industry medium BTC-Echo. It is about signal effects, change, humility – and also concretely about possible goals that result from the takeover. A highly recommended read!

Click on the button below to load the content of www.btc-echo.de.

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UPDATE: On 31 March 2022 it was announced that the deal had fallen through. Both parties have “mutually agreed not to pursue the proposed acquisition”. Find out more in this article at Finance Forward (German).

Don’t miss any more industry news! In our monthly blockchain ticker, we summarise the most important news around tokenisation and its impact on the financial industry. Short, curated, commented (and in German). Subscribe now:

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Marius Grieseler_CEO CONCEDUS_liability umbrella

Concedus GmbH

More than “just” a liability umbrella: Interview with Marius Grieseler of CONCEDUS

25. November 2021/in General /by Susanne Stock

Banking transactions and financial services in Germany fall under the supervision of BaFin. When we founded neoFIN AG, it quickly became clear to us that instead of trying to obtain a licence ourselves, we would take advantage of the opportunity to act as a tied agent under a liability umbrella. Why always reinvent the wheel when there are partners who are experts in this field. We have found our partner with CONCEDUS. Why? Read for yourself what founder and CEO Marius Grieseler has to say in the interview. In it, you will learn why the CONCEDUS offer goes beyond the mere provision of a liability umbrella and how it came to specialise in FinTechs.

INTERVIEW PATRICK SCHÜTZE: “TOGETHER WE WANT TO EXPAND THE NICHE OF DIGITALISED TANGIBLE ASSETS”

22. October 2021/in General /by Susanne Stock

CONCEDUS regularly presents exciting cooperation partners and use cases in its “Partnerships” series – this time neoFIN Hamburg GmbH with their digitalised tangible assets. neoFIN CEO Patrick Schütze answers the questionnaire.

Dear Patrick, would you please introduce yourself briefly?

Patrick: I’d be happy to. I am Patrick Schütze, an entrepreneur in the financial sector for over twenty years and driven by the vision of helping to shape its paradigm shift. My passion for finance is complemented by my interest in innovation, and so I got into the topic of blockchain and DLT early on. This fascinated me so much that in 2019 I started a new company in addition to my established one and built neoFIN Hamburg GmbH.

Talking about digitalised tangible assets: What does your company do?

Patrick: At neoFIN, we make German real assets fungible. Tangible assets are the top class of all asset classes and are more important than ever in times of low to negative interest rates. The only problem is that tangible assets are often illiquid. We are changing that by tokenising them and bringing them onto the primary market as digital securities. This gives investors new access to tangible assets – and at significantly lower minimum investment amounts than with tangible asset funds, for example.

We are thus providing democratised access to high-yield investments that are largely independent of the economic cycle. And small and medium-sized enterprises also benefit from digital capital market issues. Not every company can or wants to go through a classic IPO to get fresh capital. With tokenisation, we offer a fast, more cost-effective and fully regulated alternative to financing. Our focus is on assets with a sustainable approach that is oriented towards ESG components.

Why are you working with CONCEDUS?

Patrick: In our business model, old and new worlds meet. We are still adopting some things from the old world. But it has become clear, especially in the area of liability umbrellas: Here, the new world is the order of the day. For a digital product, we need a partner who understands the digitalisation of the financial world and goes along with us – even shapes it together with us. Marius and his team convinced us with their experience in the field of DLT/blockchain and their holistic, partnership-based approach. We speak the same language and share a mission. And that is an immeasurable advantage, especially in new markets and niches like ours. Because we can fully concentrate on our day-to-day business.

How is the cooperation going technologically and have you developed solutions together with CONCEDUS?

Patrick: Our own neoFIN platform is based on Cashlink’s white label solution. When it came to the design, we actually made some more technical adjustments together with CONCEDUS. It’s going great and we can’t wait until our next digital securities issue launches. We currently have two issues from the sports sector in the pipeline, which are characterised by strong social impact.

What else do you want to implement together with CONCEDUS that you can already talk about now?

Patrick: I don’t want to go into detail about the planned expansions at this point. But I can say where the joint journey of neoFIN with CONCEDUS and our other partners Cashlink and Tangany will go. We want to expand and shape the niche of digitalised tangible assets and establish ourselves at the top. A series of hundreds of tokenised tangible asset issues – that’s what we want to do.

Patrick, thank you very much for your time!

Michael Duttlinger, Co-Founder und CEO Cashlink

“Tokenisation was the complete game changer” – Michael Duttlinger, Cashlink

16. September 2021/in General /by Susanne Stock

September 2021 | Cashlink is one of the pioneers in the field of holistic tokenisation solutions. The Frankfurt-based FinTech is actively shaping the future of the blockchain-based capital market and has accompanied numerous renowned Security Token Offerings (STO). As part of the partnership between the winner of the FinTech Germany Award 2020 and neoFIN, Cashlink co-founder and CEO Michael Duttlinger answers our questions.