AboveBoard is developing a global securities trading system that leverages Ethereum tokens. This platform aims to facilitate the trading of traditional securities on a blockchain infrastructure.
Funding
$6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional securities trading systems often suffer from inefficiencies related to settlement times, counterparty risk, and limited accessibility, particularly for smaller investors and illiquid assets. The lack of transparency and high operational costs associated with intermediaries can also hinder market participation and price discovery.
Solution
AboveBoard aims to create a more efficient and accessible global securities trading system by leveraging blockchain technology and tokenization. The platform facilitates the trading of traditional securities represented as Ethereum tokens, enabling fractional ownership, faster settlement, and reduced counterparty risk through smart contracts. By tokenizing assets, AboveBoard seeks to unlock liquidity for previously illiquid securities and expand investment opportunities for a broader range of investors. The system aims to provide a transparent and secure environment for trading tokenized securities, streamlining the entire process from issuance to settlement.
Target Audience
The primary target audience includes institutional investors, accredited investors, and companies seeking to raise capital through tokenized securities offerings, as well as retail investors interested in accessing a wider range of investment opportunities.
Features
- Tokenization of traditional securities using the ERC-20 standard on the Ethereum blockchain
- Smart contract-enabled trading for automated settlement and reduced counterparty risk
- Fractional ownership capabilities for increased accessibility and liquidity
- A decentralized order book for transparent price discovery
- Integration with existing custodial solutions for secure asset storage
- Compliance modules for regulatory adherence and investor protection