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Follow on Google News | Investors, Custody, and Exchanges in the Security Token IndustryBy: FIAT Exchange In London, their solution was to set up an institutional grade that is a credible venue for investors since they realized that finding a legit count spot is difficult also, crypto currency in London has become unreliable to the investors within the space, and the venue where they trade does not have the structures and developments enhanced for them to consider due to the product volatility, it resulted for the investors to become more interested with Security tokens. That's why in London they are engrossed more in Security Tokens rather than cryptocurrency. KYA also known as Know Your Assets bears the same principle of KYC which means Know your client. KYA is the method of recognizing the character of the assets, all the legal documents concerning to the assets, clarifying what the assets is all about and about what rights do the token upholds which was explained by Ami Ben David who is the Co-founder & managing Partner of SpiCE VC. He also stated that under writers are a must to verify the products. Henceforth, security tokens are now incorporated with this kind of information to avoid being changed and manipulated later on. It is designed that way for the buyers to know what is in the token and to have knowledge on the product they are planning to acquire. In addition, with the given information and data the possible buyer will know where the source is coming from for it is important to have not just the information but also it needs to be verified. The Co-founder of UCLA Blockchain Lab, Alex Nasvimento said that all the elements must be bonded together, the various parts are all essential in the industry which imitates the outdated markets. The first process is appropriate to attract established financiers, and authorized groups that comprehend the amenabilities required of distributing security tokens in the blockchain. David Benizri (CEO of Rivver) expressed that they would begin where the market is, afterwards they will choose whether they will consider on different substitutes such as; diamonds, arts etc. similar to other different players in the space, however regarding Rivver, they said that they are focused on assets or funds as of the present. For more information, please visit us at https://www.fiatxs.com/ End
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