We are pleased to announce the cooperation between Amazing Blocks and Black Manta Capital Partners (BMCP), a regulated Financial Services Institute. BMCP is a BaFin-licensed and MiFID II compliant one-stop agency for all technical, financial, and legal aspects of Security Tokenization. They are present in Munich, Dublin, Luxembourg and Vienna. This partnership adds another substantial extension to our network and is a further step towards providing our customers with the best possible all-round package when it comes to tokenizing assets of all kinds.
About Black Manta Capital Partners (BMCP)
Black Manta Capital Partners S.à r.l. was founded in Luxembourg in 2018. Later they opened subsidiaries in Germany, Austria and Ireland. BMCP GmbH in Munich is a licenced, regulated Financial Services Institute, BMCP Consulting GmbH in Vienna is the consulting entity, and BMCP Limited in Dublin is taking care of the international business development.
BMCP GmbH offers Tokenization as a Service providing technical, financial, and legal support for startups, small- and medium-sized businesses, real estate developers, and commodity owners. In August 2019, BMCP GmbH, was awarded a license by the German Federal Financial Supervisory Authority (“BaFin”) as a financial service institute. In addition to the BaFin-license, BMCP is compliant with European MiFID II.
Today Black Manta Capital Partners´s clients benefit from bank-grade technology and expertise to serve their customers and raise capital in the most efficient way possible. Black Manta Capital Partners improves the issuance and settlement of financial instruments with the help of blockchain technology and tokenization.
About Amazing Blocks
Tokenization will inherit a key role in the future of Web 3.0 with billions of dollars expected to be invested in this space by 2027 according to multiple reports. Amazing Blocks supports with its IT solutions the legally compliant tokenization of equity and asset ownership in line with the Liechtenstein Token Act.
Amazing Blocks was founded in 2020 in Liechtenstein without a bank account, but with Ethereum as an initial contribution. Amazing Blocks developed a solution with which technology and the law (i.e., Liechtenstein Token Act) are seamlessly integrated. It is the perfect solution for tokenization projects (e.g., real estate, cars, machines): To be precise, this means flexible tokens (e.g., equity tokens or debt tokens or participation rights as tokens) in accordance with the Liechtenstein Token Act — which from a foreign point of view then represent, e.g., a normal (un-traded) security. We were the first to tokenize real equity of an AG in Liechtenstein leveraging our own solution, resulting in 600 Amazing Blocks tokens. They have been assigned with an ITIN by ITSA and can be seen on Etherscan here. These tokens effectively prove that the Liechtenstein model seamlessly merges tech and law. In the future, we will not only support our clients in tokenizing assets but also work with our entire network to create a true token economy.
All in all, the “digital AG in Liechtenstein’’ allows a very efficient foundation and operation of a company in Liechtenstein and thus above all an efficient and flexible tokenization. This should now make a wide variety of tokenization projects possible because the costs for tokenization are reduced to a minimum. Furthermore, equity tokens in line with the Liechtenstein Token Act can be for instance locked in DeFi protocols as collateral. This will provide much needed real-world use cases and liquidity and enables illiquid assets like real estate to participate in these innovative protocols.
Amazing Blocks is a Liechtenstein-based legal tech startup that enables the creation and management of equity tokens. Leveraging the Liechtenstein Token Act, almost any asset or company can be tokenized. This includes real estate, cars, machines, and even fine art. Flexible tokens (e.g., equity tokens or debt tokens or participation rights as tokens) represent legal rights and are treated as a security according to the Liechtenstein Token Act. Liechtenstein Law permits the foundation of entities with initial contributions in cryptocurrencies like Ethereum. This makes the necessity for a bank account obsolete and enables great flexibility in the foundation process. Logically, Amazing Blocks was founded with an initial contribution in Ethereum and became the first company with completely tokenized equity. Like any other equity tokenization, it can be observed on Etherscan and grants great transparency. This showed the immense innovation potential in legal tech and established Amazing Blocks as pioneers, merging law and tech.
Amazing Blocks assists clients in all questions connected to the topic of equity tokenization and has a large network of partners familiar with the legal situation in Liechtenstein. The result is equity management with the full advantages of tokenization and the legal security of a conventional company structure.
Goals and opportunities
The cooperation between Amazing Blocks and Black Manta Capital Partners enables Amazing Blocks to provide its clients with a complete and professional service on their way to establishing a digital entity of their company. Black Manta Capital Partners brings their intensive knowledge and vast network to the valuable exchange with Amazing Blocks.
“We are excited to support the growth of the token economy in Liechtenstein by partnering with Amazing Blocks and are looking forward to many projects along the line. In Amazing Blocks we see a well-positioned team, who bring a mindset to the table that will be needed to develop this rapidly emerging market”, says Alexander Rapatz, Co-Founder and Managing Partner of BMCP.
Amazing Blocks and Black Manta Capital Partners are joining efforts to provide the best infrastructure to thrive in the new era of digital finance and digitized capital markets. In the future, assets of all kinds will be issued tokenized and represented on a blockchain. Together we build the infrastructure to make the vision of a token economy reality. This partnership will enable customers of both companies to enter the market more conveniently while enjoying absolute legal certainty. The concept of a complete solution that is both simple and efficient is the goal, and together we are once again a big step closer to achieving it.
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Amazing Blocks offers a tokenization solution that enables its clients to tokenize various assets according to the Liechtenstein Token Act (software-as-a-service). The software covers both the issuance of tokens and investing in tokens. It suits the needs for tokenizing all kinds of assets (e.g. machines, cash flow generating contracts, trademarks, real estate, cars). Imagine that some asset should be tokenized. For this asset, various tokens would make sense: Equity tokens, debt tokens, participation rights as tokens, ownership tokens, or any mixture of these tokens. The software of Amazing Blocks helps issuers to handle multiple assets and to issue multiple tokens for these assets. This is possible by integrating blockchain technology with the law (that is, the Liechtenstein Token Act). At the core, there is the “digital legal entity in Liechtenstein” based on “tokenized shares” which allows a very efficient foundation, a very efficient operation of the company, and, thus, an efficient and flexible possibility to tokenize assets. This should now make a wide variety of tokenization projects possible because the costs for tokenization are significantly reduced.
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