Accelerating the Evolution of Financial Marketplaces
Accelerate the Evolution of Financial Markets
North Capital to Present at AICPA ENGAGE as Member of Startup Accelerator Cohort
Innovative fintech and brokerage firm for exempt offerings named one of four selected startups, beats out top applicants from 7 countries
SALT LAKE CITY, June 11, 2018 /PRNewswire/ — North Capital Investment Technology, a market-leading provider of technology and brokerage services for exempt securities offerings, will present at AICPA ENGAGE as a member of the inaugural class of the Association of International Certified Professional Accountants and CPA.com Startup Accelerator.
North Capital is recognized for its transaction platform, TransactCloud, which enables the offering, transacting, and settlement of exempt securities, including tokenized securities. North Capital’s registered clearing broker-dealer, North Capital Private Securities (NCPS), has focused on exempt securities since 2010 and will begin providing custody of securities tokens later this summer. The firm also has applied to become an ATS (an SEC-compliant Alternative Trading System), to facilitate secondary trading of securities tokens. …
North Capital Announces AI Token to Confirm Verified Accredited Investor Status
Developed on the Ethereum Blockchain, Token Available Free to Investors via Accredited.am Platform
SALT LAKE CITY, Jan. 24, 2018 /PRNewswire/ — North Capital, a market-leading provider of technology and brokerage services for exempt securities offerings, today announced the release of the AI token (AIT), a utility token that can be used by accredited investors to confirm their verified accredited status to invest in exempt offerings under Regulation D, 506(c) of the Securities Act of 1933.
“The AI token is the first of four utility tokens that will extend the reach of our market-leading TransactCloud technology platform,” said Jim Dowd, founder and managing director of North Capital. “There is a clear need for tools to facilitate Know Your Client (KYC), Anti Money Laundering (AML), suitability scoring, and accredited investor verification in the crypto securities market.” …
Ether Prices Rally After SEC Director Says He Doesn't Consider It a Security
"If we are not subject to securities rules with respect to [Ether], it paves the way for the use of smart contracts to settle securities token transactions," said Jim Dowd, founder and CEO of North Capital. "It also provides some guidance on how we should be viewing [Bitcoin and Ether] as a regulated entity that is in the business of securities dealing."
8 Ways to Buffer Your Portfolio from a Market Slide
Whether in the form of closed-end funds or listed fund managers, private equity "offers investors a way to participate in an alternative asset class that's arguably not as much a leading indicator of economic conditions as publicly traded entities," says James Dowd, managing director of North Capital Private Securities.