NEO collaborates with Liquefy for a new security token system

The NDG (NEO Global Development) is starting its work dedicated to an ecosystem for the construction of security tokens. In fact, NGD recently announced one collaboration with the Liquefy company to be able to develop an ecosystem based on NEO (see neo quote) and allow asset owners to issue new security tokens on the blockchain of NEO 3

NGD is the organization founded in March 2018 from the NEO fondation, in order to focus on the development, research and marketing strategies of the NEO community. Instead Liquefy is an end to end solution that allows its owners resources to create security tokens. The offer also includes technology for tokenization and tools for asset management. In addition, the company currently has a 50 jurisdiction compliant protocol. 

Thanks to the investment and collaboration of NGD will collaborate with Liquefy and will allow the development of a new ecosystem in order to allow asset owners to issue new security tokens based on NEO's digital currency. 

According to the statement issued by Adrian Lai, the CEO of Liquefy, the development of new security tokens is very important now that the sector is still in its infancy. What distinguishes the NEO protocol from others and their being based on a blockchain with the integration of NeoID, which allows AML and KYC and also the accreditation status to be stored on the new blockchain while maintaining privacy.

This therefore allows issuers to succeed keep and monitor transaction logs which occur on the secondary market in order to remain compliant with a greater number of jurisdictions. For this reason, Liquefy is excited to welcome NGD as a partner and investor for the development of a new security token system. 

Liquefy will support NEO

Thanks to this new collaboration, the Liquefy platform will support NEO. Furthermore, given that the current process of transferring private securities is expensive, cumbersome and fragmented due to the KYC information to the investors being divided among various intermediaries, Liquefy instead wants offer an end-to-end solution which allows for the best verification of compliance with investor management services in multiple jurisdictions. 

NEO value

Everyone wonders if the value of NEO will be destined to grow, it certainly looks like an underestimated cryptocurrency, it is a solid project, it is investing heavily in development and the blockchain is evolving to solve NEO's scalability problems.

Where to buy NEO

Directly by credit card or bank transfer via a simple and convenient app

NEO collaborates with Liquefy for a new crypto security token system

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