BOSTON and NEW YORK – May 14, 2019 – Fundopolis, an equity crowdfunding portal built to support the entire funding lifecycle, and AlphaPoint, the leading global provider of asset tokenization software and digital asset trading technology, today announced their partnership and upcoming joint presentation at the CoinDesk Consensus Conference in New York.
Fundopolis plans to use AlphaPoint’s cloud-based platform to assist with the issuance of equity crowdfunding perks. The AlphaPoint platform will enable Fundopolis customers who are fundraising on the portal to easily interact with their investors, providing automation for key security behaviors and other back end functions. At Consensus, Fundopolis will lead a discussion about the state of crowdfunding and how they envision the use of blockchain technology will improve the experience for companies and investors alike.
“Small businesses have been priced out of traditional capital markets due to their prohibitive upfront costs, listing fees, compliance costs, complex terms and the list goes on,” said Ben DiScipio, Chief Strategy Officer, Fundopolis. “AlphaPoint’s cloud-based blockchain technology helps us as we work to change the game for small businesses by providing them an opportunity to reach funding goals with less costs and fewer headaches than traditional capital markets.”
A key benefit of leveraging blockchain technology is the transparency it provides investors and companies alike. Too often equity crowdfunding investors are left with the question of “what next?” after the fundraise window is over, wondering how and when they will receive their perks or pay-out following a completed raise. Fundopolis’ technology will streamline this process by allowing both investors and issuers to be updated and kept in the loop throughout the entire fundraising lifecycle.
“We are extremely excited with what Fundopolis plans to bring to market to help small businesses achieve their fundraising goals. AlphaPoint is thrilled to be providing our technology to power a next generation crowdfunding platform leveraging the power of blockchain technology” said Igor Telyatnikov, CEO, AlphaPoint. “By building Fundopolis’ portal on AlphaPoint’s powerful blockchain technology, this new crowdfunding approach will provide investors and companies alike the peace of mind that investments are secure, transparent and verifiable.”
The two companies presented together at the Consensus Conference at the New York Hilton Midtown on May 15 from 1:30 – 2:30 EDT in the Rendezvous Trianon room.