TaaS, the First Fully Transparent Closed-End Fund Dedicated to Blockchain Assets, Strengthens Board with Three Additional Advisors

Token As A Service (TaaS), the first ever tokenized closed-end fund (CEF) dedicated to blockchain assets, today announced the latest additions to its Board of Advisors and services providers. The team of experts with a diverse range of complimentary backgrounds joins the board ahead of TaaS’ highly anticipated Initial Coin Offering (ICO), launching on March […]

Token As A Service (TaaS), the first ever tokenized closed-end fund (CEF) dedicated to blockchain assets, today announced the latest additions to its Board of Advisors and services providers. The team of experts with a diverse range of complimentary backgrounds joins the board ahead of TaaS’ highly anticipated Initial Coin Offering (ICO), launching on March 27, 2017.

Utilizing the Ethereum blockchain and its pioneering Cryptographic Audit technology, TaaS will offer a new way to participate in and benefit from capital raising, fund management, and cryptocurrency investing, all with full auditing transparency to investors.

TaaS welcomes serial entrepreneur and investor Mike Costache, blockchain technology and digital currency trading expert Marshall Swatt, and legal expert Arnold Spencer to the Board of Advisors. They join existing advisors John Wong (fund management expert) Sergey Rabenko (legal consultant), Patrick Salm (financial risk and fund specialist), and Pascal M. Bommeli (serial entrepreneur).

Mike Costache is co-founder and Managing Partner of KrowdMentor, a strategic crowdfunding advisory and investment firm with a portfolio of 20 startups. Since 2011, Costache has been a member of Tech Coast Angels, the oldest and largest network of angel investors (currently 330 members) which has invested $185 million in over 300 deals and raised more than $1.5 billion from venture capitalists. Costache was previously President of Leo & Leo, a management and franchise representation service with clients including Maserati, Segway, NetJets, PrivatSea, Sunseeker Yachts, NetSuite, Marsh, Orgil Greenhouses, Miss Universe, and Rockstar Energy. He holds a Bachelor’s degree in Economics and a graduate certificate in Dispute Resolution from Pepperdine University and has completed the Program on Negotiations for Senior Executives from Harvard Law School. He will serve as a TaaS advisor covering the venture capital and investment sectors, providing assistance in fundraising and negotiations.

Marshall Swatt is the founder and major investor at ATS Inc., a pioneer in algorithmic trading systems focused on strategies in exotic financial instruments such as cryptocurrencies. As the former CTO of Coinsetter and Cavirtex, North America’s leading VC-backed bitcoin exchanges, Swatt brings more than 20 years of strategy, operations, business development and technical experience to TaaS’ board. Swatt holds a Bachelor of Science in Management, Finance and Real Estate from Georgetown University. Swatt will serve as TaaS’ technology and trading advisor, drawing on his experience providing technology design and development consultation for corporations including Citigroup, Deutsche Bank, Deutsche Financial, Condé Nast, MoMA, and National Geographic.

Arnold A. Spencer is Managing Director of Spencer & Associates, a corporate criminal defense firm, and General Counsel at Coinsource, the world’s largest bitcoin ATM network. Spencer holds a Juris Doctor from the University of Texas School of Law. Spencer will serve as TaaS’ strategic U.S. legal advisor, bringing experience and insight in compliance, U.S. federal criminal law, securities and financial fraud, anti-money laundering, asset forfeiture, and federal trials.

Ruslan Gavrilyuk, Co-Founder and President of TaaS said: “TaaS is proud to have established a world-class board of advisors ahead of our ICO. We believe this diverse team of experts places TaaS in the best position possible for ongoing success.”

TaaS’ month-long ICO will launch on March 27, 2017, during which time investors can take advantage of an early investor bonus system. As part of the system, TaaS is offering a 25% bonus for the first 1,000 BTC raised. The bonus will decrease progressively up to 9,000 BTC. TaaS will reserve 2% of the collected funds for bounty programs.

Along with the addition of new advisors to the board, TaaS has also engaged Otonomos, a legal services platform, to provide expertise and execution for company operations in Singapore. Otonomos will provide regional-specific legal support and assist with communications with the Monetary Authority of Singapore.

TaaS has selected Cubits as its service provider for its operations outside of the USA. TaaS will utilize the Cubits platform as a reliable, trustworthy gateway for its customers to buy and sell bitcoin outside of the USA. Cubits services more than 50 countries and 17 currencies.

“With the board of advisors stronger than ever, TaaS expects not only to run a highly successful ICO, but also deliver substantial returns to our investor community,” concluded Ruslan Gavrilyuk.

TaaS tokens are intended to be traded on all major exchanges in coordination with exchanges and regulatory authorities. For more information, the TaaS white paper is available on www.taas.fund

Read this next

Digital Assets

Centralized exchanges are 10 times more popular than DEXs in Western Europe

Western European traders are found to prefer centralized exchanges over decentralized ones as CEX traffic outpaces DEXs by a factor of ten.

Market News

Stock Market Analysis: Is NVDA Losing Its Leadership?

Since the beginning of the week, the S&P 500 Index (US500) has seen a modest increase of about 0.58%, whereas NVDA’s share price has experienced a decline of approximately 3.8%. This recent divergence raises concerns among Nvidia stock investors — could it signify a loss of NVDA’s market leadership?

Industry News

ESG: Australian regulator wins first greenwashing court case against Vanguard

Vanguard admitted that a notable portion of the securities within both the Index and the Fund did not undergo the promised ESG scrutiny.

Fintech, Uncategorized

BitMEX integrates HALO from Solidus Labs for cross-market surveillance

“The recent approval of the Spot Bitcoin ETF has piqued the market’s interest. As a result of price volatility, the trading volumes for crypto derivatives have gone up substantially. HALO, with its advanced technology and crypto-native detection architecture, will enable BitMEX to smoothly and safely scale trade surveillance across its increased trading volumes and provide the necessary safeguards for new product launches.”

Reviews

IUX Broker Review

IUX, recently rebranded from IUX Markets, stands as a multi-asset Forex broker recognized for its regulatory compliance across various jurisdictions.

Industry News

Horizon Software rebrands to Horizon Trading Solutions

“Horizon Trading Solutions has seen accelerated global growth over the past year to meet the rising demand for our trading solutions and built-for-purpose technology offering. The choice to rebrand represents a key part of this development, while maintaining our heritage and history in the industry.”

Market News

USDJPY has surged to levels last witnessed in 2022. Should we consider opening a short position?

The recent resurgence of the US dollar has propelled USD/JPY to new heights, touching levels not seen since 2022. This surge comes against the backdrop of stable short-term yields and ongoing economic data that fails to signal a significant slowdown, prompting questions about the extent of current monetary easing measures.

Digital Assets

DED Trends on Twitter After Memecoin Snapshot Announcement

Polkadot-backed community coin #DED, made it to the trending charts on X, demonstrating community’s engagement and interest behind the memecoin. 

Digital Assets

BlockDAG Presale Nears $10 Million Amid Toncoin’s Momentum, Green Bitcoin’s Presale, and the Rise of Other Top Cryptos

This article will examine three top trending topics: Toncoin’s potential, Green Bitcoin’s innovative presale, and BlockDAG’s sustainable mining approach. These cryptocurrencies take centre stage for their uniqueness and innovation.

<