TokenSoft Expands Its Services Acquiring SEC-Registered Broker-Dealer


TokenSoft, security tokens platform that focuses on the tokenization of traditional assets, has announced investing in a broker-dealer company registered with the Securities and Exchange Commission (SEC), now renamed as TokenSoft Global Markets, LLC. According to the press release, TokenSoft is now entitled to acquire 100% of TokenSoft Global Markets, subject to regulatory approval.

As a result of the deal, TokenSoft will enable issuers to choose whether to host a token sale themselves or work with a broker-dealer to manage the token sale on their behalf. As for the company being acquired, TokenSoft Global Markets will expand its range of services to custody solutions, referrals to exchanges, and private placements among others.

As the announcement states, those who choose to tap the expertise of a broker-dealer will be able to turn to TokenSoft Global Markets for guidance and hands-on support at every step of the sale process.

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