Magic Circle Taps Nervos to Streamline Security Token Offerings (STOs) for SMEs

“Magic Circle has a proven track record in helping its customers invest in STOs and trade flexibly in a compliant and convenient way, so we’re thrilled to partner with them as we bolster our network’s STO capabilities,” said Kevin Wang, co-founder of Nervos. “Our unique layered architecture is anchored by our PoW-based permissionless chain with a major focus on value preservation, so STOs are naturally one of the strongest use cases on our multi-asset store of value blockchain.

Doer Qu, Founder/CEO of Magic Circle, said, “Nervos Network is a very innovative underlying public blockchain with a unique layered structure design and ease of use design that helps STO issuers and investors better experience the unique features of digital securities, especially in meeting KYC/AML requirements and asset compliance aspects of security, as well as user-friendly design. At the same time, Nervos and its eco-partners can provide more diverse application support. More importantly, Nervos also shares a common value vision with Magic Circle. We both believe that compliant digital assets will better help improve the efficiency of finance in the future and allow more people to conveniently experience, adopt, and invest in digital assets, promoting the democratization of finance with technological innovation and bridging the capital divide. Through the partnership with Nervos, we will also help innovative companies and startups issue digital assets more efficiently and in full compliance, enabling efficient capital raising and business transformation.”

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