Press release
The Kline solution designed for the creation of private secondary markets for the exchange of NFTs and Security Tokens on the blockchain is now operational.
Milan, March 8, 2023
The Kline solution, developed by the Almaviva Group, is now operational for creating private secondary markets for the exchange of NFTs and Security Tokens on the blockchain. It is available in SaaS (Software as a Service) mode and offered in white label and custom versions. Digital Spirits is the first to adopt the KLINE platform for creating and exchanging NFTs in industries such as wine, sports, art, and music.
Kline, a company focused on innovating the Wealth & Asset Management industry, has developed a solution based on the Giotto OnChain Token Economy Platform Almaviva to manage all back-office activities and trading & execution of digital assets, on both public and private blockchains, in a fully integrated manner.
Thanks to Kline's extensive experience in providing services to Banks, SIMs, SGRs, private banks, and Almaviva's expertise in Blockchain, Web3, RegTech, and Token Economy, the solution represents a simple, reliable, secure, and compliant innovation aimed at accelerating the adoption of platforms for the exchange of NFTs and Security Tokens in the Italian and international markets.
Designed to meet the requirements of KYC (Know Your Customer), transparency, information, and AML reporting already mandated by regulations and easily updatable according to expected regulatory developments, the Kline solution has a Cloud architecture with API interface that makes it simple and flexible to connect the client's proprietary front end (incumbents and fintech) with all the necessary functionalities for the operation of a marketplace for tokenized assets.
It will be available in SaaS (Software as a Service) mode and offered in white label and custom versions.
The advantages for users
The Kline solution offers the advantages of a design that transfers the years of experience in services for financial intermediaries in regulated markets to blockchain technology, optimizing its features (transparency, programmability, traceability, efficiency, security, and the potential of smart contracts, etc.) and integrating, in a simple and modular way, the front-end systems of clients, both incumbent and fintech.
The goal is indeed to simplify and accelerate the creation of marketplaces for the exchange of all types of tokens: equity, debt, and hybrid tokens representing real or financial assets for the benefit of all stakeholders involved: Investors, Companies, and Issuing Communities, and the finance industry as a whole.
Kline, a company focused on innovating the Wealth & Asset Management industry, has developed a solution based on the Giotto OnChain Token Economy Platform Almaviva to manage all back-office activities and trading & execution of digital assets, on both public and private blockchains, in a fully integrated manner.
Thanks to Kline's extensive experience in providing services to Banks, SIMs, SGRs, private banks, and Almaviva's expertise in Blockchain, Web3, RegTech, and Token Economy, the solution represents a simple, reliable, secure, and compliant innovation aimed at accelerating the adoption of platforms for the exchange of NFTs and Security Tokens in the Italian and international markets.
Designed to meet the requirements of KYC (Know Your Customer), transparency, information, and AML reporting already mandated by regulations and easily updatable according to expected regulatory developments, the Kline solution has a Cloud architecture with API interface that makes it simple and flexible to connect the client's proprietary front end (incumbents and fintech) with all the necessary functionalities for the operation of a marketplace for tokenized assets.
It will be available in SaaS (Software as a Service) mode and offered in white label and custom versions.
The advantages for users
The Kline solution offers the advantages of a design that transfers the years of experience in services for financial intermediaries in regulated markets to blockchain technology, optimizing its features (transparency, programmability, traceability, efficiency, security, and the potential of smart contracts, etc.) and integrating, in a simple and modular way, the front-end systems of clients, both incumbent and fintech.
The goal is indeed to simplify and accelerate the creation of marketplaces for the exchange of all types of tokens: equity, debt, and hybrid tokens representing real or financial assets for the benefit of all stakeholders involved: Investors, Companies, and Issuing Communities, and the finance industry as a whole.