The Malta Independent 20 July 2018, Friday

Neufund – Another company in the blockchain sector to open offices in Malta

Tuesday, 17 April 2018, 13:47 Last update: about 4 months ago

Berlin-based company Neufund—a blockchain-based equity fundraising platform operating on Ethereum blockchain—will open its satellite office in Malta, bringing the company’s know-how as well as a team of experienced experts, highly skilled in both RegTech and blockchain development, the government said today. 

Neufund is an equity fundraising platform on the blockchain technology which allows any kind of company (blockchain-based or not) to issue equity tokens on a blockchain in a public or private placement. An Equity Token Offering is a hybrid investment model combining advantages of an IPO, an ICO, and a VC round. Several were the meetings between Parliamentary Secretary for Financial Services, Digital Economy and Innovation Silvio Schembri and Neufund with an aim of materialising the investment.

ADVERTISEMENT

Neufund Chief Executive Officer Zoe Adamovicz said that when the company saw the vision of the Maltese government in this sector, it wanted to be part of Malta’s blockchain ecosystem.

“We are impressed by the work done so far by the Maltese government and its pro-new technology stance. Malta should serve as a model for other countries and regulators. We are excited to contribute in building strong and stable blockchain ecosystem on Malta”, said Adamovicz.

Parliamentary Secretary Silvio Schembri said that the presence of Neufund will not only help in creating the ideal ecosystem for investors, but it will also diversify the market.

“I am overwhelmed by the response so far since this government decided to take the lead in this new emergent sector driven by new technology which will eventually make Malta the blockchain island”, said Schembri.

  • don't miss