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Accelerating Technology for the Securities Token Revolution
Blockchain-enabled Security Tokens Issuance and Secondary Trading Technology Platform
issuance
Issuance
Velocity Ledger provides technology for tokenized primary issuance services for securities. The blockchain based platform allows new issuances are tokenized and crowd syndicated over a web portal with sophisticated tools for regulatory compliance, investor onboarding, and deal administration. Securities are tokenized using universal smart contracts like ERC20.
trading
Trading
Velocity Ledger technology allows secondary trading in a variety of tokenized securities products. Following the spirit of decentralization, the central limit order books (CLOBs) are deployed with nodes the blockchain for linking participants for security token and OTC crypto currency trading.
settlement
Settlement
The Velocity Ledger Technology stack offers a Settlement Portal connected to the private blockchain, where trades in both the primary and secondary markets are directly settled between inter-broker counterparties on smart contracts. The system offers trade reconciliation and the ability to view, manage, approve firm transactions for peer to peer settlement.
Team
Shawn Sloves
Chief Executive Officer at Fundamental Interactions
Julian Jacobson
President, Chief Operating Officer at Fundamental Interactions Inc.
Kun Luo
Chief Technology Officer at Fundamental Interactions Inc.
Enzo Villani
Entrepreneur | Fintech | M&A | Blockchain
Demetrios N. Skalkotos
Vice President | Technology & Operations Leadership | Product Launches | M&A | Global
Gil Bruh
Technical Operations Manager at Delaware Board of Trade
Jeff Mendl
Business Development at Delaware Board of Trade
Yaroslav Yevtushenko
Chief Technology Officer Web Services at Fundamental Interactions Inc.
Alexander Kozyr
Head of Product & Project Management at Fundamental Interactions Inc.
Vlad Kosachev
Head of Web Services Architecture & Development at Fundamental Interactions Inc.
Advisors
David Shuler
Co-Founder at Y2X
John F. Wallace
Delaware Board of Trade
Eric Hess
HLC - Full Spectrum Security for Financial Firms
Bill Karsh
Vice President at OTC Markets Group
Robert G. Benya
President, Chief Revenue Offer and Board Director – Seven Stars Cloud Group Inc.
Whitepapers
vl
Press

Seven Stars Cloud Partners with Fundamental Interactions to Build Out Velocity Ledger Network Global Operations - Blockchain-enabled Tokenization, Secondary Trading and Settlement of Illiquid Assets

Partnership allows Seven Stars Cloud to quickly and efficiently digitize real-world assets via proven blockchain technology to create new financial markets

NEW YORK, NY, July 10, 2018 (GLOBE NEWSWIRE) -- Seven Stars Cloud Group, Inc. (NASDAQ: SSC) ("SSC" or the "Company"), a leading global fintech firm focusing on digital asset production and distribution, today announced a long-term relationship and strategic licensing agreement with New York-based Fundamental Interactions, a world class provider of enterprise market center technology.

Through this agreement, SSC will leverage core Fundamental Interactions technology and the Velocity Ledger platform to support the tokenization, secondary trading and settlement of new blockchain-based securities. The Velocity Ledger platform is in operation for various approved entities by the Securities and Exchange Commission (SEC) and FINRA.

While Velocity Ledger has been designed to support U.S. securities tokens, OTC crypto currencies, and real estate securities, it has unlimited potential to manage the issuance, trading and settlement of digital assets across jurisdiction and across asset classes (securities and non-securities). Velocity Ledger is a blockchain-based, software-as-a-service (SaaS) platform that operates as a private blockchain solution and interacts with all of the major public blockchains.

Seven Stars Cloud will work closely with issuers and underwriters of securities in order to source a wide array of financial products. Post issuance, these financial products will undergo a comprehensive rating system to provide transparency into the underlying assets. Additionally, SSC will secure institutional market makers and traders to join Velocity Ledger, providing new product exposure and liquidity to previously illiquid assets. SSC will also leverage its partnership with BBD Digital Capital Group, a leading provider of Artificial Intelligence-based big data solutions to support ratings and risk management of these newly created digital assets.

There are a myriad of benefits afforded by tokenizing securities via Velocity Ledger. These benefits include new product creation and market exposure, competitive fees, fast deal execution, access to institutional investors and broker dealers. In addition to these market and product specific benefits, Velocity Ledger automates key service functions to reduce the number of middlemen and service providers typically involved in a securities transaction. At its core, Velocity Ledger enables highly transparent, immutable, and auditable transaction activity and reporting.

Commenting on the partnership, Bruno Wu, Executive Chairman & CEO of SSC, said: “With Velocity Ledger, we will work with our partners to develop marketplaces for previously illiquid and un-tradeable assets. We have our eyes set on the fixed income, real estate, venture capital, and private equity markets, amongst various other securities and asset classes. By combining the power of Velocity Ledger with SSC’s wide distribution capabilities, we will bring tremendous efficiencies to the capital formation process, narrow bid-ask spreads, and reduce the time and costs for closing and settling transactions via blockchain and AI technology.”

“Our partnership with Fundamental Interactions represents a flagship opportunity in SSC’s ability to penetrate the tokenized security markets. We are thrilled to be working with Fundamental Interactions to harness the power of blockchain and spread the adoption of security tokens across industry.” said Bruno Wu.

Shawn Sloves, CEO of Fundamental Interactions, added, “After several years of hype, blockchain-based solutions are well on track to deliver on their considerable promise. We are excited to be working with Bruno and his team at SSC and look forward to extending the benefits of Velocity Ledger to a variety of new liquid and illiquid asset classes.”

About Seven Stars Cloud Group, Inc. (http://www.sevenstarscloud.com/)

SSC is aiming to become a next generation Artificial-Intelligence (AI) & blockchain-powered, fintech service company, focusing on digital asset production and distribution. The Company facilitates and enables the transformation from traditional financial markets into the asset digitization era. SSC acts as the manager and service provider of an ecosystem for securitization and digital currency tokenization as well as trading system integration.

Safe Harbor Statement

This press release contains certain statements that may include "forward looking statements." All statements other than statements of historical fact included herein are "forward-looking statements." These forward looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov ). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

IR Contacts

Federico Tovar, CFO Seven Stars Cloud
Chad Arroyo, CMO Seven Stars Cloud

For Media: Eric Soderberg
Forefront Communications Group, Inc.
9144142884

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