Just a few days after the biggest world companies in crypto exchange announced their decision to relocate to or open offices in Malta, German companies are now announcing their decision to also open offices in Malta. In fact, the Berlin-based company Neufund - a blockchain-based equity fundraising platform operating on Ethereum blockchain - will open its satellite office in Malta, bringing the company’s know-how as well as a team of experienced experts, highly skilled in bothRegTech and blockchain development. The same company announced this through a press release earlier this morning.
Neufund is an equity fundraising platform on the blockchain technology which allows any kind of company (blockchain-based or not) to issue equity tokens on a blockchain in a public or private placement. An Equity Token Offering is a hybrid investment model combining advantages of an IPO, an ICO, and a VC round. Several were the meetings between Parliamentary Secretary for Financial Services, Digital Economy and Innovation Silvio Schembri and Neufund with an aim of materialising the investment.
Neufund Chief Executive Officer Zoe Adamovicz said that when the company saw the vision of the Maltese government in this sector, it wanted to be part of Malta’s blockchain ecosystem.
“We are impressed by the work done so far by the Maltese government and its pro-new technology stance. Malta should serve as a model for other countries and regulators. We are excited to contribute in building strong and stable blockchain ecosystem on Malta”, said Adamovicz.
Parliamentary Secretary Silvio Schembri said that the presence of Neufund will not only help in creating the ideal ecosystem for investors, but it will also diversify the market. “I am overwhelmed by the response so far since this government decided to take the lead in this new emergent sector driven by new technology which will eventually make Malta the blockchain island”, said Schembri.
Source: Press Release by the Parliamentary Secretariat for financial Services, Digital Economy and Innovation.