We are pleased to announce the cooperation between Amazing Blocks and AlgoTrader, “the leader in alpha generation technology for financial institutions”. The Swiss-based company provides clients with algorithmic trading software to automate complex quantitative trading strategies and an advanced order and execution management system (OEMS) for digital asset trading called WIRESWARM. Its clients include banks, hedge funds and trading companies. AlgoTrader and Amazing Blocks share a common goal to make the digital asset market accessible to a wider audience. Through this partnership, AlgoTrader will have the opportunity to provide tradability of assets to its clients which have been tokenized by Amazing Blocks. This partnership further extends our network of partners and is another step towards providing our customers with the best possible all-round package when it comes to tokenizing assets of all kinds.
AlgoTrader is an institutional algorithmic trading and trade execution solution for conducting quantitative research, trading strategy development, back-testing and automated trading of both traditional and digital assets. It provides everything a buy-side or sell-side firm requires for algorithmic order and execution management and was among the first to allow automated trading of Bitcoin and other digital assets across multiple execution venues.
The team behind AlgoTrader has developed an advanced OEMS called WIRESWARM that provides banks with seamless, stable connectivity to a wide range of digital asset liquidity venues including exchanges, brokers, OTC desks and market makers.
Based in Zurich, New York, and Singapore, AlgoTrader operates globally. Their recent Series A capital raise reached CHF 5.2 million following a 7-digit investment from FinLab AG EOS VC Fund.
About Amazing Blocks
Amazing Blocks, founded in 2020 in Liechtenstein, has developed a solution that seamlessly integrates technology and the law (i.e., Liechtenstein Token Act). It is the perfect solution for tokenization projects (e.g., real estate, cars, machines), enabling firms to flexibly issue various forms of tokens (e.g., equity tokens or debt tokens or participation rights as tokens) in accordance with the Liechtenstein Token Act. Outide of Lichtenstein, these tokens then represent a normal (un-traded) security. We were the first to tokenize real equity in an AG in Liechtenstein, leveraging our own solution, resulting in 600 Amazing Blocks tokens. They have been assigned with an ITIN by ITSA and can be found on Etherscan. These tokens demonstrate that the Liechtenstein model seamlessly merges tech and law. Furthermore, a Liechtenstein bank is no longer needed, because the share capital for the new AG can be denominated in cryptocurrencies such as ETH if desired. In future, we will not only support our clients in tokenizing assets but also work with our entire network to create a true token economy. In this context, the cooperation with AlgoTrader is of great importance for us in order to provide our clients with the necessary tools for the digital asset market.
The cooperation between Amazing Blocks and AlgoTrader enables Amazing Blocks to provide its clients with a complete and professional service when tokenizing their equity. AlgoTrader’s goal is to facilitate the trading of all types of digital assets including tokenized shares or security tokens.
Amazing Blocks and AlgoTrader are joining forces to provide business owners and trading companies with the best infrastructure to establish themselves in the new era of digital finance and digitized capital markets. In the future, assets of all kinds will be issued as tokens and represented on a blockchain. Together, we are building the infrastructure to make the vision of a token economy a reality. This partnership will allow customers of both companies to enter the market more conveniently while enjoying absolute legal certainty. Our vision is of a comprehensive, simple and efficient solution for tokenized assets and together, we are big step closer to achieving it.
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Amazing Blocks offers a tokenization solution that enables its clients to tokenize various assets according to the Liechtenstein Token Act (software-as-a-service). The software covers both the issuance of tokens and investing in tokens. It suits the needs for tokenizing all kinds of assets (e.g. machines, cash flow generating contracts, trademarks, real estate, cars). Imagine that some asset should be tokenized. For this asset various tokens would make sense: Equity tokens, debt tokens, participation rights as tokens, ownership tokens, or any mixture of these tokens. The software of Amazing Blocks helps issuers to handle multiple assets and to issue multiple tokens for these assets. This is possible by integrating blockchain technology with the law (that is, the Liechtenstein Token Act). At the core, there is the "digital legal entity in Liechtenstein" based on “tokenized shares” which allows a very efficient foundation, a very efficient operation of the company and, thus, an efficient and flexible possibility to tokenize assets. This should now make a wide variety of tokenization projects possible, because the costs for tokenization are significantly reduced.
Interested? Then, contact us! Are you interested in what Amazing Blocks is doing? Visit our website, write an email to firstname.lastname@example.org, or follow us on LinkedIn or Twitter. Or provide your email address here and we will immediately send you more information.
Our software helps to tokenize shares of legal entities in Liechtenstein. But we do not provide custody or token generation services.
Liechtenstein made the first move. With the quite new Token Act, it is now possible to found digital legal entities based on tokenized shares. The Liechtenstein Token Act allows any right or asset to be tokenized such that it can easily be traded or transferred.
Get more detailed information in our pitch deck. We will gladly answer more specific questions, send you a brochure, arrange a telephone call or have a chat via Zoom. Write us and we will reach out to you within 24 hours!