CyberTrust securities crypto assets such as Bitcoin, Ethereum and others. This enables institutional investors to take advantage of crypto markets since the resulting derivatives have a titled security claim to the underlying asset. Investors gain exposure to crypto asset price movements via a traditional investment vehicle but do not face the challenges that buying and safekeeping crypto assets entail. Crypto-Asset Backed Securitised Tokens (CABS) have been created by CyberTrust to fuel the securitisation process, with the sale of these tokens leading to the creation of a new crypto derivative market. How does the project create value to the ecosystem and differs from competing projects? The only thing comparable to our project is Grayscale, but Grayscale is only a crypto fund, whereas our platform will allow for the creation of derivative crypto-financial products that currently do not exist. This will facilitate increased interest in cryptocurrency investment from large investment funds (institutional investors), thereby leading to an increase in the market capitalisation of crypto assets.
CyberTrust raised 11,000,000 USD in a closed round.
Evgeny Khata – CEO & Co-Founder
Nick Lustiger – Head of Asset Management
Scott Freeman – Head of Trading
Parker FairField – COO & Head of Asia Pacific
Alex Der Megreditchian – Head of Research
Alla Labutina – Chief Financial Officer
Evgeniya Gubar – Legal Counsel
Tracey Boydston – Chief Technology Officer
Arthur Arsyonov – Chief Design Officer
Nick Syusko – Chief Marketing Officer
Kirill Kazakov – Project manager
Dan Permyakov – Content & Community management
Adam Yates – Content Marketer & Editor
Pavel Shell – Full Stack Developer
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Webracer – Full Stack Developer
Leon Koshelev – Full Stack Developer
Ed Zitron – Public Relations
- Symbol: CABS
- Token sale opening date: 5. Dec 2017
- Token sale closing date: 5. Jan 2018
- Concept: CyberTrust acts as a traditional custodian bank for crypto assets
- September 2014: Luxembourg jurisdiction becomes the base for the project.
- July 2016: Ethereum Fund starts project development.
- April 2017: Project framework is reworked. Service providers approved new framework.
- May 2017: The claim standards of GCN securitisation are developed.
- June 2017: Building pass-through tax structure.
- July 2017: The appointment of the licensed Luxembourg third party administrator for S.V.
- August 2017: Ernst & Young becomes the auditor. Dutch Foundation is created.
- November 2017: Start of ITO
- Q1 2018: BTC, ETH or BCH Global Crypto Notes are approved for clearing & settlement by Clearstream Banking S.A.
- Q2 2018: BTC, ETH or BCH Global Crypto Notes are listed at large OTC markets worldwide.
- Q3 2018: Luxembourg Custody license is approved. Brokerage license received by regulatory approval or M&A.
CyberTrust help Banks buy Bitcoin without having to update their IT. Banks can not buy Bitcoin for legal and regulatory reason, because they do not now how to handle asset within their existing accounting systems. Our rating for this ICo is 8.3 out of 10.0.
Here is a full list of upcoming initial coin offerings – ICOs.
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