Currency.com regulated cryptocurrency exchange announced the start of servicing legal entities, as well as the issue of the first tokenized corporate bonds (company tokens).
New opportunities:
- legal purchase/sale on behalf of a legal entity of the most popular cryptocurrencies (bitcoin, ethereum, litecoin, etc.);
- investing in company tokens secured by property and / or other types of collateral at rates higher than bank rates with the possibility of early repayment;
- placement of free cash resources of companies throughuse of tokenized investment instruments;
- raising funds by issuing own tokens;
- hedging of currency and other risks using exchange instruments.
From January 23, 2020, legal entities becamethe opportunity is available to invest the company's free funds, as well as to attract investments on the Currency.com cryptocurrency exchange, which is the first legal platform for the exchange of cryptocurrencies by bank transfer in the EAEU (Belarus, Russia, Kazakhstan, Kyrgyzstan, Armenia).
Platform clients are available for investment more1300 assets, including the largest cryptocurrencies by capitalization, tokenized shares of the world's largest corporations, commodities, indices, ETF funds, currencies and bonds.
Currencycom provides access to global financial markets without restrictions and additional intermediaries in the face of brokerage companies, dealers and other participants in the traditional market. You can open an account or register a corporate account remotely, without having to visit the exchange office. Clients of the platform receive all the necessary documentation: contract, title documents and primary documents for accounting.
Benefits for Corporate Clients
Investment Management on Currency.com allows corporate clients to hedge currency and other risks, using leverage (leverage) of up to 100x when opening trade transactions.
Exchange accounts opened with leading Belarusian banksand in Sberbank of Russia, which allows you to quickly replenish the balance and withdraw funds with minimal fees. Payments for residents of the European Union are made through the SEPA system. Settlements can be made in EUR, USD, GBP, BYN and RUB.
In addition, corporate clients receive additional privileges:
- Priority online registrationwith specialist support. To complete the registration, company representatives do not need to visit the exchange office, the entire procedure takes place online.
- Expedited Verification. KYC Procedure (Know Your Client)subject to the rules of AML and CTF (combating money laundering and the financing of terrorism), it is carried out in priority order, usually within 1-2 days.
- Increased limits for cashless and cryptocurrency transfers. Corporate accounts receive higher limits on trading and other operations, both for wire transfers with fiat currencies and for transactions with digital assets.
- Personal account manager. An expert in the industry, provided by Currency.com, will help advise and answer any questions regarding working with the exchange. The service of a personal account manager is provided free of charge.
Companies from all over the world can use the services of the trading platform, with the exception of residents of the United States and countries from the FATF list.
Company Tokens
The first issuer of corporate tokens on Currency.com was one of the oldest Belarusian leasing companies, Stroyinvestlizing LLC.
Providing ample opportunities in the field of enterprise financing, the company carries out activities for the transfer of property on a financial lease for large and medium-sized businesses.
The main goal of attracting investments through the placement of tokens, in accordance with White Paper, is to finance the leasing activities of the company.
The main source of return of funds to token holders at the end of their circulation period is leasing payments under the relevant agreements received from lessees.
SIL_25 tokens.1/EUR of the company OOO Stroyinvestlizing are secured by property and property rights (claims), the nominal value of 1 token is 100 EUR. Investors who purchase tokens will receivequarterly payments in EUR at the rate of 5.5% per annum.
Stroyinvestlizing tokens are issued on the basis of the Ethereum blockchain, which allows them to be freely withdrawn from the exchange and stored on cryptocurrency wallets with support for the ERC-20 standard.
Is it profitable to invest in company tokens?
Unlike many traditional types of assets,also other trading platforms, whether it’s dealers, brokers or other cryptocurrency exchanges, investing in company tokens on Currency.com have several advantages:
- High interest rates on payments to companies token holders allow you to receive a higher income compared to bank deposits.
- Company tokens issued in Currency.com, are secured by property, surety or other types of security. Thus, investors do not buy dummy assets, but invest in reliable companies with real business activity.
- The minimum limit is the market value of one token, which is usually 100 USD or EUR for company currency tokens.
- Individuals are exempt from income tax on transactions with tokens in accordance with Decree No. 8 of the President of the Republic of Belarus “On the Development of the Digital Economy”.
- Currency.com commission for deposit / withdrawal of funds starts from 0%, and is not charged at all for the operations of buying / selling company tokens.
About companies
Currency.com (legal entity of Currency Com Bel LLC) is the world's first regulated cryptocurrency exchange of tokenized assets, where you can invest in traditional financial markets quickly and transparently. In other words, the platform allows you to exchange cryptocurrencies and fiat money, as well as invest and trade tokenized exchange assets.
Currency Com Bel LLC isresident of the High-Tech Park (decision on registration as a resident of the High-Tech Park, protocol No. 08/NS-6pr dated December 19, 2018) and carries out its activities in accordance with Decree No. 8 dated December 21, 2017 and other legislative acts of the Republic of Belarus. The company undergoes periodic audit by one of the Big Four companies.
For the first year of operation, the exchange managed to conquertrust not only in the Belarusian market, but also in Russia, Kazakhstan, Armenia, countries of eastern and western Europe, and central and eastern Asia. Currently, the exchange serves users from 69 countries.
7 facts about Currency.com:
- Currency.com is legal, fair and transparent - regulated in Belarus, follows global AML/CTF and KYC practices, no taxes on crypto transactions;
- customer funds are in special accounts that are not involved in the company's operations;
- the possibility of registering individuals and legal entities;
- clients can be both residents and non-residents;
- the widest selection of financial instruments - more than 1300;
- the ability to trade with leverage (leverage) up to 1: 100;
- some of the lowest fees on the market - from 0%.
LLC "Stroyinvestleasing" – multi-profile leasinga company founded in 2002 and operating in the financial services market of the Republic of Belarus on the basis of the Certificate of the National Bank of the Republic of Belarus on inclusion in the register of leasing organizations No. 29 dated 03.11.2014, identification code 10029. In accordance with the legislation of the Republic of Belarus, the company Stroyinvestleasing LLC provides publicly available information on the leasing activities carried out and its financial condition, including the auditor's report.
The main activities of the company are:
- financial and operational leasing of various objects (machinery, transport, equipment, real estate, etc.);
- leasing of movable and immovable property, including with the right of redemption;
- purchase and sale of sophisticated goods, including installment payment.
OOO Stroyinvestlizing carries outits activities both in the domestic and foreign (import, export) markets. Over 17 years of work, more than 750 business projects have been implemented. More than 500 partners-lessees have received over 1900 leased objects.
The company has successfully implemented joint projectsleasing projects and continues cooperation with leading suppliers of motor vehicles and equipment manufactured in the CIS countries, Western Europe and Asia: OJSC MAZ, Zoomlion, SOOO Pulikhovo, ChUP Profi-Agropark, OOO KV-Partner, ZAO Glavny Element, OOO Rusavtoprom and others.