Kambio Ventures, which plans to deliver the first fully-regulated capital markets solution for security tokens, join forces with Jibrel Network

Press Release: London, UK. World Blockchain Forum Conference. September 05, 2018

Following the launch of Kambio Ventures earlier in the year, Kambio together with Jibrel will forge a new partnership to leverage blockchain infrastructure.

Kambio Ventures is building a next-generation, blockchain-enabled and fully regulated capital markets platform for asset-backed security tokens — dedicated to start-ups and small and medium-size enterprises. The new membership-based private platform will help corporates tokenize their business, raise necessary growth capital, deliver seamless shareholder management and enable exchange liquidity for global corporates and investors alike. Entrepreneurs worldwide are in a permanent struggle to raise capital to fund business expansion. Kambio believes that many small and medium-size enterprises often feel isolated and ignored by traditional financial services, as they face multiple hurdles to access crucial growth capital. Kambio aims to fundamentally change the way that primary issuance and secondary market trading is conducted on a regulated exchange — helping to reshape a historically disjointed private and capital markets industry by engaging with the global community.

Kambio’s proprietary security tokens, known as security asset-back receipts (“SABRs”) will be linked to the underlying equity of each listed company. SABRs will be issued, listed and traded on a private exchange much like publicly listed securities, however at a fraction of the time and cost — without the burden of unnecessary intermediaries.

Jibrel provides a fully decentralized banking solution that allows participants to tokenize and exchange traditional assets and financial instruments such as currencies, bonds, and equities, enabling near-instant global payments, trading, settlement and clearance.

The partnership will utilize Jibrel’s compliant stable coin solution, Jcash, a collection of tokens pegged to standard fiat currencies. It is expected that Jcash will play an important role in the subsequent launch of future asset-backed tokens and will smooth and expedite the adoption of blockchain-based financial transactions and global payments.

Supported by Jibrel, Kambio will create a new ERC-20 based payment token to support smart and compliant transactions for Kambio’s proposed capital markets solution. In parallel, Kambio will be applying for full regulatory approval for their next-generation exchange and maintain a soft target launch for mid-2019.

Louay Aldoory, Kambio Ventures co-founder and chief executive, comments:

"“Growth companies are plagued with the cost of raising capital and struggle to get noticed. Our tokenization process combined with a new private exchange will address this unnecessary frustration by systematically unlocking growth capital for entrepreneurs. Together with Jibrel, we can start a new era in capital markets, making it simple, seamless and secure”."

Talal Tabbaa, Jibrel Network co-founder and chief operating officer, comments:

"Our growing shelf of solutions will help digitize real-world assets and considerably improve transaction flow — by working with the most innovative and sustainable business applications, such as the platform being developed by Kambio Ventures, together we can help reshape traditional financial services”.

For further information:

Kambio Ltd. www.kambio.io info@kambio.io

Jibrel AG www.jibrel.network info@jibrel.network

About Kambio Ventures

Kambio Ventures is building a next-generation, blockchain-enabled and fully regulated capital markets platform for asset-backed security tokens — dedicated to start-ups and small and medium-size enterprises. The new membership-based private platform will help corporates tokenize their business, raise necessary growth capital, deliver seamless shareholder management and enable exchange liquidity for global corporates and investors alike. Kambio’s core management team has over 75 years combined of venture capital, asset management and technology experience. They have founded, incubated and invested in dozens of start-ups with over $1 billion of exits. Together, the management team has an exceptional track record in monetizing cutting-edge technology through the delivery of sustainable customer-centric businesses.

About Jibrel Network

Jibrel Network offers decentralized, asset-backed tokens representing real-world traditional financial assets (such as equities and commodities), known as CryptoDepository Receipts (CryDRs). These smart tokens have regulation embedded, ensuring that real-world rules and regulations are always followed. By translating real-world regulation into code and deploying it on-chain, Jibrel Network creates smart regulation and “governance without governments.

Join Kambio on the following channels:

Telegram Chat: https://t.me/Kambiochat

Telegram News: https://t.me/Kambioventures

Twitter News: @KambioVentures

Reddit: https://www.reddit.com/user/KambioVentures/

Medium: https://medium.com/@kambio

LinkedIn: https://www.linkedin.com/company/kambio/

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