Blockchain Technologists And Finance Veterans Collaborate To Bring Blockchain To Capital Markets

Bridging old-world and new-world finance is something that blockchain technology has aimed to achieve since bitcoin was first released in January 2009. Ten years later, this is coming to fruition as blockchain-based solutions designed to enable faster, more transparent, peer-to-peer financial transactions are coming to market. Yet emerging products are not enough to ensure the successful intersection of old and new finance. According to Sam Tabar, co-founder of Fluidity, in order for capital markets to evolve, industry veterans need to join forces with blockchain technologists to truly bring blockchain’s fundamental technology to today’s financial markets. “If you look at the industry landscape, to date there has not been a comprehensive platform built by blockchain technology professionals and structured finance veterans,” says Tabar. In order to bridge this gap, Fluidity, a company that provides technology services to registered broker-dealers, issuers and financial institutions for tokenized securities, has joined forces with Propellr, an end-to-end solution for creating, managing, and servicing digitally held assets with an integrated FINRA-registered broker dealer. Announced today, Propellr and Fluidity have created “Fluidity Factora,” a new, out-of-stealth company that takes complex financial assets, breaks them down into their basic factors, and encodes them to a blockchain. This enables standardization, transparency, and liquidity, making markets more efficient, while reducing the need for middlemen. The company is unique because it was built by finance and blockchain technology professionals with extensive expertise in their respective fields. The joint team previously published the Two Token Waterfall whitepaper, a liquidity optimized framework for private placement securities.