RISE Wealth Technologies, a software program expertise firm and supplier of options for the implementation of buying and selling methods based mostly on Artificial Intelligence (AI) and Machine Learning (ML), has teamed up with Texas-based, heavyweight broker-dealer Entoro Capital to launch a $120 million Security Token Offering (STO), the most important European STO to date.
RISE Wealth Technologies, presently financed with US $11 million say they welcome the brand new collaboration with Entoro Capital in addition to the brand new alternatives and management this partnership will carry to the FinTech business.
“We are excited to be partnering with Entoro who has proven to be an experienced partner for companies within the FinTech industry”, says Stefan Tittel, CEO of RISE Wealth Technologies. “Their strong cross-industrial network has for years been a valuable asset to many partnerships. With the Broker-Dealer Agreement for Capital Raise, we anticipate a great deal of mutually beneficial opportunities and synergies for both companies – with most of these benefits accruing to our clients.”
“RISE is led by serial-entrepreneurs with a strong management team and a proven track record, which was crucial to us”, stated James C. Row, Managing Partner of Entoro Capital. “A strong confidence in the team is paired with a shared belief that the future in asset management will be technology-driven. This makes RISE a perfect fit for Entoro.”
The FinTech agency Rise Wealth Technologies, based mostly in Grünwald Germany, is a scientifically centered software program expertise firm and supplier of options for the event of economic commerce methods based mostly on ML and AI. They declare their patent-pending AI Machine Learning platform will essentially change the way in which that funds, buyers and asset managers make investments and their methodology permits buyers to constantly uncover, validate and implement new buying and selling alternatives in each extremely liquid and illiquid monetary markets throughout the globe.
The firm needs to scale into the $80 trillion international asset administration market and the corporate is at present financed with US$ 11 million and employs a workforce of round 20 specialists in branches positioned in Munich, New York and Paris.
Entoro Capital is an funding financial institution and advisory group for conventional and digital securities. Entoro makes use of its proprietary on-line non-public securities syndication platform OfferBoard for accredited buyers to analyze and evaluation initiatives and alternatives. Entoro‘s energy is in bringing extremely vetted initiatives to buyers globally, with most effectivity, end-to-end safety, and seamless execution, delivering whole confidence in every funding. Our funding platform mixed with blockchain expertise gives issuers and buyers entry, flexibility, and transparency all through the funding course of. Securities are supplied by Entoro Securities, LLC, member FINRA/SIPC.
About Richard Kastelein
Founder and writer of business publication Blockchain News (EST 2015), a associate at ICO companies collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of schooling firm Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning writer, innovation govt and entrepreneur. He sits on the advisory boards of some two dozen Blockchain startups and has written over 1500 articles on Blockchain expertise and startups at Blockchain News and has additionally revealed pioneering articles on ICOs in Harvard Business Review and Venturebeat. Irish Tech News put him within the prime 10 Token Architects in Europe.
Kastelein has an Ad Honorem – Honorary Ph.D. and is Chair Professor of Blockchain at China’s first Blockchain University in Nanchang at the Jiangxi Ahead Institute of Software and Technology. In 2018 he was invited to and attended University of Oxford’s Saïd Business School for Business Automation four.zero programme. Over a half a decade expertise judging and rewarding some 1000+ innovation initiatives as an EU skilled for the European Commission’s SME Instrument programme as a startup assessor and as a startup choose for the UK authorities’s Innovate UK division.
Kastelein has spoken (keynotes & panels) on Blockchain expertise in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London (5x), Manchester, Minsk, Nairobi, Nanchang, Prague, San Mateo, San Francisco, Santa Clara (2x), Shanghai, Singapore (3x), Tel Aviv, Utrecht, Venice, Visakhapatnam, Zwolle and Zurich.
He is a Canadian (Dutch/Irish/English/Métis) whose writing profession has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He’s written often for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com, and his work and concepts have been translated into Dutch, Greek, Polish, German and French. A journalist by commerce, an entrepreneur and adventurer at coronary heart, Kastelein’s skilled profession has ranged from political publishing to TV expertise, boatbuilding to judging startups, skippering yachts to advertising and extra as he is travelled for almost 30 years as a Canadian expatriate residing around the globe. In his 20s, he sailed around the globe on small yachts and wrote a sequence of journey articles referred to as, ‘The Hitchhiker’s Guide to the Seas’ travelling by hitching rides on yachts (1989) in main journey and yachting publications. He at present lives in Groningen, Netherlands the place he is elevating three teenage daughters with his spouse and crusing associate, Wieke Beenen.
Visit WebsiteBavarian Company RISE Wealth Technologies with Houston-based Entoro, Launching Largest European STO to Date at USD$120 million – October four, 2019October Launch Confirmation for Telegram Open Network (TON) – October four, 2019Liechtenstein Parliament Passes Blockchain Act – October four, 2019Pioneer of Blockchain Certification For The Visual Arts Verisart, Raises $2.5 million in Series Seed Funding – October four, 2019Uruguayan Digital Party to Embrace Æternity Blockchain Technology For Member Voting – October three, 2019Decentralized Trading Technology Startup Vega Raises $5 Million Seed – Pantera Capital Leads Oversubscribed Round – October three, 2019Malta-Based OKEx Kicks Off Global Compliance Standards Initiative for Cryptocurrency Exchanges – October three, 2019Dama Financial and Helix TCS Establish First Blockchain-Fueled, Complaint Cannabis Marketplace – October three, 2019New Digital Rights Law Enacted in Russia – Establishes Basic Definition Of Tokens And Governs Smart Contracts – October 2, 2019Six main Japanese Brokerage Firms Establish Japan Security Token Offering Association – October 2, 2019Vancouver’s BIGG Digital Assets Cuts Deal with US Federal Government Agency – October 2, 2019æternity Teams Up with Uruguay Can to Track Cannabis Production on the Blockchain – October 2, 2019Streamr Launches Global Pub/Sub Network For Machine Data – October 2, 2019SEC Orders Blockone to Pay $24 Million Fine for Unregistered ICO – October 2, 2019Aqilliz Rolls Out Blockchain Enterprise Product Lines for the Digital Marketing Industry – September 27, 2019Venezuela Central Bank Testing Shift to Cryptocurrencies to Pay State Oil Company Bills – September 27, 2019The University College London (UCL) Centre for Blockchain Technologies Announce Blockchain AI Hackathon – September 27, 2019The European Commission, INATBA, the EU Blockchain Observatory and Forum and Alastria be a part of forces to organise Convergence – the Global Blockchain Congress – September 27, 2019Facebook 2020 Launch of Libra Cryptocurrency in Doubt – September 27, 2019PARSIQ Announces Availability on Algorand to Improve Blockchain Transparency – September 26, 2019View All Articles
Also revealed on Medium.