wevest became an associate founding member of the International Token Standardization Association (ITSA).
wevest is a platform addressing the SMEs funding gap. We are connecting ideas with capital. More concretely we are connecting investors looking for innovative investments products and SMEs searching for capital. We believe this can be achieved in an efficient manner by issuing blockchain-based financial securities.
The International Token Standardization Association (ITSA) is a Berlin-based association of German law with more than 100 associated founding members. ITSA is a non-profit organization and special interest group aiming at the development and implementation of comprehensive market standards for the identification, classification, and analysis of cryptographic tokens.
So far various reputable organizations have already committed to join ITSA as associated founding members, reaching from corporates (e.g. Commerzbank’s Main Incubator, Bank Frick, MME, Börse Stuttgart) over associations (e.g. Bundesverband deutscher Banken, the German Investment Funds Association BVI), startups (e.g. Cashlink, solarisBank, CryptoTax, and Ambrosus) and universities (e.g. Frankfurt School of Finance and Management, University of Mainz, TU Munich, Hasso Plattner Institute or UCL Centre for Blockchain Technologies in London) to private members (one of the co-creators of the ERC20 standard).