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VSN Verseon (DI)

74.00
0.00 (0.00%)
16 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Verseon (DI) LSE:VSN London Ordinary Share COM USD0.001 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 74.00 70.00 78.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Verseon Corporation Blockchain agreement with Neuseren

11/10/2018 7:00am

RNS Non-Regulatory


TIDMVSN

Verseon Corporation

11 October 2018

BlockRules Ltd. and Neuseren S.A. bring regulation compliant securities offerings to the blockchain

Innovative blockchain platform supports the sale, issuance, and trading of regulated securities

Geneva and London, 11 October 2018-Geneva-based financial services firm Neuseren S.A. announced today that it has entered into an agreement with BlockRules Ltd., a blockchain development subsidiary of Verseon. Neuseren S.A. will use BlockRules' innovative technology and services to enable international companies to issue regulated tokenized securities on public blockchains.

Neuseren S.A. was established to fill the growing demand for tokenized security offerings for companies seeking to expand their investor base in a manner that satisfies regulatory requirements.

"The security and transparency of blockchain ledgers make them the ideal vehicle for financial securities," said Patrick Dumont, CEO of Neuseren. "One of the main barriers has been the lack of a framework to ensure regulatory compliance. BlockRules' technology provides that framework."

BlockRules' technology provides access to a new and growing global community of blockchain investors worldwide. Members of this community have a significant interest in utilizing a blockchain solution for securities trading, where built-in regulatory support is essential.

"Our blockchain technology brings companies and investors together in a way that can significantly improve the efficiency of capital markets," said Eniko Fodor, COO of Verseon and Director of BlockRules. "We believe our approach to supporting transactions of tokenized securities will create a new standard of trust and security for investors."

About Neuseren S.A.

Neuseren S.A. is a financial advisory company aiming to bring the latest blockchain innovations to corporate fund-raising. In line with best practices recognized by major regulatory authorities, the company intends to promote services and investor incentives for the sale and issuance of regulated tokenized securities on public blockchains.

About BlockRules Ltd.

BlockRules Ltd., a wholly owned subsidiary of Verseon Corporation, is a blockchain technology company supporting the sale, launch, and trading of securities. By enforcing multijurisdictional regulatory compliance directly on the blockchain, the company facilitates issuance and decentralized trading that is secure, transparent and verifiable.

--- ENDS ---

For additional information on Neuseren S.A., please contact:

Helen Gironi

info@neuseren.com

For addition information on BlockRules Ltd., please contact:

Robert Taylor

media@blockrules.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

NRALIFFEISLLLIT

(END) Dow Jones Newswires

October 11, 2018 02:00 ET (06:00 GMT)

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