Overview
ICO Opening Date
Dec 5th, 2017
ICO Closing Date
Jan 5th, 2018
Country of Origin
Luxembourg
Description
Cybertrust is a Luxembourg-based financial services company. They come from the investment banking community and are offering “securitization as a service” for crypto assets. Though the US-based Grayscale fund does offer securitized bitcoins, no-one currently provides flexible demand-driven securitization. Buyers purchasing Grayscale shares quoted on the OTCQX exchange currently have to pay a premium of over $3000 for one bitcoin. By comparison, one CyberTrust token can be purchased at the ICO for approximately $180, which is less the 6% of that. In other words, token buyers have a potential 16-20x upside. CyberTrust will offer accredited investors crypto-linked asset (called Global Crypto Notes) backed derivatives not only linked to bitcoin, but also to other leading cryptocurrencies such as Ethereum and Bitcoin Cash. Importantly, Global Crypto Notes will give their owners a legal claim to their assets, a critical feature which raw crypto doesn’t offer. The CABS (‘crypto asset-backed securitization’) token permits also provides the basis for a wide range of new derivative products that are expected to be in high demand once they become available.
Technology
Blockchain Platform
Ethereum
Team
Members
Jason Xata - CEO
Nick Lustiger - Head of Institutional Sales
Scott Freeman - Head of Trading
Parker Fairfield - Head of Operations
Advisors
William D. Delahunt - Former U.S. Representative for Massachusetts's 10th congressional district
Marat Kichikov - Managing Director of BitFury Capital
David Gorodyansky - CEO of AnchorFree Inc.
Disclosure: This page is created to provide market intelligence. This is not investment advice and does not constitute any solicitation or endorsement of any investment. Any investment you make is done at your own risk and at your full and absolute discretion.
Cybertrust News
December 5th, 2017
CyberTrust, a Luxembourg-based financial services company, has announced key dates and sales terms for its new Crypto-Asset Backed Securitization (CABS) token. After an incredibly successful closed round, the CyberTrust team is launching its pre-sale for November 29 2017 – January 5, 2018.
By Bhushan Akolkar on October 12th, 2019 Telegram faces a major roadblock in releasing its Gram tokens on the native TON network as the SEC slaps a restraining order on its token-sale calling its “unlawful”.
October 2nd, 2019
We have picked some projects that conducted a successful ICO and still manage to work and develop their products, and we’ll try to find out what keeps them alive, besides money. These three projects are BOLT, NOAH, and Platio.
The U.S. Securities and Exchange Commission said it has fined and settled charges against ICO Ratings for failure to disclose payments it received to publicize digital asset offerings of issuers it had rated.
KakaoTalk, a South Korean instant messaging application, is the newest member of the crypto-community as it is set to launch its native cryptocurrency wallet Klip later this year that will support Klaytn’s cryptocurrency Klay.
Kik kicked back at the SEC lawsuit that claims a $100 million ICO was illegal. The company behind Kik Messenger filed a response in U.S. District Court for the Southern District of New York, alleging that the SEC is “twisting” the facts about its token.
The U.S. Securities and Exchange Commission (SEC) has approved the first-ever Ethereum token sale from blockchain-based gaming startup Pocketful of Quarters (PoQ).
This will be for the first time that any crypto platform is launching futures contracts for pre-launched assets. Each DOT token is available at $75 and can be purchased using CoinFLEX’s native FLEX tokens.
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