The startup offers a blockchain-driven investment platform that enables the issuance, management, and trading of private securities through a private blockchain infrastructure. This platform enhances transaction speed and efficiency, allowing issuers and investors to connect and manage capital-raising activities in a digital-first environment.
Funding
$4.5M 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
The private securities market suffers from inefficiencies due to manual processes, fragmented systems, and a lack of standardization, leading to delays, increased costs, and limited access for investors and issuers. Managing the lifecycle of private securities, from issuance to trading, remains cumbersome and relies heavily on outdated methods like PDF documents and manual data exchange.
Solution
Corastone provides an end-to-end digital infrastructure for issuing, managing, and trading digital asset securities, leveraging distributed ledger technology (DLT) to streamline private market operations. The platform connects wealth managers, asset managers, administrators, and other ecosystem participants, enabling near-real-time transaction processing and improved connectivity. By transforming complex legal documents into smart securities with predefined logic and embedded compliance, Corastone automates key processes and reduces operational friction. The platform's APIs facilitate seamless integration with existing order-entry and reporting systems, promoting process standardization and automation throughout the entire securities lifecycle.
Target Audience
Corastone serves wealth managers, custodians, GPs, asset managers, RIAs, and family offices involved in the private securities market.
Features
- Digital asset securities platform leveraging distributed ledger technology (DLT)
- Smart securities with tamper-proof programs and embedded compliance
- APIs for seamless integration with existing order-entry and reporting systems
- Straight-through processing to automate transactions and reduce manual steps
- Connectivity between wealth managers, asset managers, and administrators
- Secure and private permissioned blockchain for transaction information and data sharing
- Unique Security ID for reporting and scalability
- Support for various lifecycle events, including tenders and capital calls