CSpro launches issuance, distribution and investment services for security token offerings in Hong Kong and starts accepting applications from potential security token issuers

Source: PR Newswire

CSpro (Hong Kong) Limited (CSpro, formerly Signum Digital Limited), is proud to announce the official launch of its groundbreaking services for issuers and professional investors (as defined by Hong Kong law) of security token offerings (STOs). CSpro is licensed by the Securities and Futures Commission to carry out Type 1 (dealing in securities) regulated activities having CE registration number BSH213. As the first primary issuance and distribution platform in Hong Kong specialised exclusively in STOs, CSpro is set to redefine the landscape of regulated structured products linked to real world assets (RWAs).

With its extensive expertise and deep understanding of the digital asset markets, CSpro is set to revolutionise the way professional investors can gain exposure to the rapidly developing market of security tokens backed by RWAs. The CSpro platform will combine cutting-edge technology with strategic partnerships to bring together security token issuers and professional investors through a seamless technology-driven experience and in line with relevant regulatory requirements.

CSpro’s launch event at Cyberport on 8th November 2023, CSpro brought together industry leaders, distinguished guests and key stakeholders who are at the forefront of the digital asset markets such as Deloitte, Microsoft, FORMS HK, InvestaX, Finet and Matrixport. Attendees were able to witness the launch ceremony of the CSpro platform and gain insight into the opportunities CSpro is bringing to the Fintech environment in Hong Kong and the future of digital asset investment.

The CSpro platform offers a wide range of benefits, including:

  1. One-stop: CSpro offers one-stop service for STO issuers, including project management, as well as managing the tokenization process, listing & distribution, token life-cycle management, investor relations, and coordination services with legal & compliance, other 3rd party professional firms and secondary trading exchanges.
  2. Access to Real World Assets: Professional investors can diversify their portfolios by gaining exposure to a variety of RWAs, such as stocks, bonds, cashflows, aircrafts, real estate, arts and collectibles and other tangible assets through tokenized structured products.
  3. Efficient and Transparent Transactions: The CSpro platform leverages blockchain technology to facilitate efficient and transparent transactions, enabling seamless issuance, trading, and settlement of security tokens.
  4. Cost Efficiency: CSpro provides an alternative path for fundraising for businesses and brings liquidity to RWAs at a competitive cost as compared to conventional financial markets.
  5. Global Strategic Partnerships: Leveraging on the Coinstreet Global Alliance partnership program which started in 2017, CSpro is forging strategic partnerships with leading industry players globally, thereby unlocking a vast network of opportunities and providing investors with access to a wide range of investment options.

CSpro is now accepting applications from potential security token issuers of STOs for providing issuance and distribution services for STOs to professional investors.

About CSpro (Hong Kong) Limited

Formerly Signum Digital Limited, CSpro is a joint venture between Coinstreet Holdings Limited, an award-winning technology financial services group focused in the digital asset sector, and Somerley Capital Holdings Limited, a leading financial services group in Hong Kong. CSpro provides issuance and distribution services for security token offerings to professional investors (as defined in the Securities and Futures Ordinance) and is licensed by the Securities and Futures Commission to carry out Type 1 (dealing in securities) regulated activities having CE registration number BSH213.

For more information, please visit https://hk.cspro.io

About Coinstreet Holdings Limited

Founded in 2017, Coinstreet is an award-winning financial services and professional consulting firm focused in the Digital Asset sector. Coinstreet offers innovative fintech services, and business and operation solutions, covering four key business segments including: Tokenization Business, Asset Management, Web3 Enterprise Solutions, and Ecosystem Development. Coinstreet is a co-organizer of TADS Awards (www.tadsawards.org) – the world’s first international award for Tokenized Assets and Digitized Securities sector, and is a co-organizer of the Digital Asset Series (www.digitalassetseries.org) – a series of seminars that provides free education for the general public about the ever-growing landscape of digital assets and facilitate mass adoption.

For more information on Coinstreet, visit https://coinstreet.group

About Somerley Capital Holdings Limited

Somerley is an integrated financial services provider licensed to conduct Type 1 (dealing in securities), Type 4 (advising on securities), Type 6 (advising on corporate finance), Type 9 (asset management) regulated activities under the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) and, through its subsidiaries, is principally engaged in providing corporate finance advisory services in Hong Kong and Beijing.

For more information on Somerley, visit https://www.somerleycapital.com/en/

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