Company Announcement
Awards Dinner 1
Published
Share
Share on facebook
Share on twitter
Share on linkedin
Share on email

Coinstone Capital deploys RIDDLE&CODE’s Asset Management Solution for their Alternative Investment Fund

Coinstone Capital, a Dutch investment fund that invests in early-stage blockchain projects that’s also a Holland Fintech Member, along with RIDDLE&CODE, a European Blockchain interface company that builds hardware and software stacks, recently announced the deployment of RIDDLE&CODE’s Asset Management Solution.

RIDDLE&CODE’s Asset Management Solution is a custody solution that writes all transactions to a blockchain and has already been operational within a Swiss Bank for several quarters. Significantly, compliance – which would usually be controlled by a strict procedure and processes – is integrated into the technology, offering an unalterable audit trail and unequaled levels of transparency.

The Asset Management Solution will power Coinstone’s new blockchain-based Alternative Investment Fund Coinstone Decentralized One, which is dedicated to investing in tokenized blockchain projects.

Gys Hough, a Managing Partner at Coinstone, said that using RIDDLE&CODE’s Asset Management Solution means that: “For the first time, as proactive blockchain fund managers, we can combine banking grade security with active risk management beyond the ordinary buy-and-hold strategies. The solution is already in use with regulated banks, which puts us in good stead to address anticipated regulatory demands.”

From RIDDLE&CODE’s side, Alexander Koppel (CEO) said: “We are excited to have won Coinstone Capital as our first Investment Fund client – they are leading the way in making blockchain-based investments more readily available. Our platform was a perfect fit to offer the level of flexibility they needed while maintaining the highest level of security.”

Share this Article
Share on facebook
Share on twitter
Share on linkedin
Share on email
Related Insights
Featured
Amsterdam Fintech Week
Take a look at our yearly fintech festival, Amsterdam FinTech Week. Go on the dedicated website to check out the 2021 wrap up!
AMLD5 Guide
A source for consulting PSD2 legislation coupled with commentary, tips & tricks, applicability, in collaboration with our member law firms.