US Capital Global Securities Launches $50MM Equity Offering for Koine
San Francisco-based private financial group engaged by UK-based digital asset custody firm as lead placement agent for equity offering.
SAN FRANCISCO, FEBRUARY 2020 – US Capital Global Securities, an affiliate of US Capital Global, is offering to eligible investors a $50 million investment opportunity in Koine Finance Ltd (“Koine”). Founded in London in 2017, Koine brings together the full suite of governance, compliance, risk management, and audit of real-time trading to the digital ecosystem. Its custody and settlement platform aims to provide clients with the tools to manage their assets in a low-latency, high-volume environment and benefit from notably increased security, agility, and efficiency.
Headquartered in San Francisco, US Capital Global is a full-service private financial group with an established track record in investment banking, asset management, and capital formation services. Its registered broker-dealer affiliate, US Capital Global Securities LLC, is acting as the lead placement agent for the investment offering for Koine.
Hugh Hughes, Chairman and CEO at Koine, said: “Koine aims to overcome the current post-trade spaghetti of digital assets trading and, through its market standard solution, to unleash the algorithmic trading community to grow volumes significantly. We believe the company meets the full needs of institutional capital in allocating funds using standard fund mandates, which could see the realization of the dream of many in the crypto-asset market. Koine aims always to achieve this within a gold-standard governance and licensing framework and using a significantly more robust security model that is hugely operationally scalable.”
“It’s an honor to support Koine as its lead financial advisor and placement agent on this $50 million equity offering,” said Charles Towle, CEO at US Capital Global Securities. “Having already launched in the UK and other trusted jurisdictions, Koine is focused on driving forward international institutional participation in the digital assets marketplace. Koine has been awarded an Electronic Money Institution (EMI) license, for the issuance of electronic money as part of its payment solutions, by the UK’s Financial Conduct Authority (FCA). The opportunity to participate in this $50 million equity investment in Koine is now open to eligible investors.”
Koine has created a custody and settlement platform for institutional market participants looking to invest in digital assets in a regulated environment. Established in 2017, the company aims to eliminate settlement and counterparty risks, delivering full governance, compliance, risk management, and audit of real-time asset trading. Koine combines a scalable business model with pioneering security and innovative engineering. Approximately two dozen institutions, funds, and family offices have chosen Koine to engage with their digital assets while fully adhering to regulated market practices. Koine is authorized as an Electronic Money Institution (EMI) by the UK Financial Conduct Authority (FCA) for the issuance of electronic money with Firm Reference Number (FRN) 900934. www.koine.com
About US Capital Global
US Capital Global Securities LLC is the FINRA-licensed broker-dealer division of US Capital Global that acts as placement agent for growth-stage companies, projects, and investment funds. Since 1998, the US Capital Global team has been committed to providing small and lower middle market businesses and investors with sophisticated debt, equity, and investment opportunities usually available only to larger middle market companies and institutional investors, using the latest FinTech and RegTech innovation. US Capital Global manages direct investment funds and provides wealth management and capital raise services.