AST Launches Blockchain Share-Ownership Platform for Private Companies
The platform will make it easier for pre-IPO companies to attract funding from early-stage investors targeting privately-held growth companies.
New York-based transfer agent AST will this week unveil Astrella, a blockchain- and AI-enabled platform for managing and recording stock issuance to early-stage investors by privately held companies prior to a sale or IPO.
The software-as-a-service platform allows companies to sign up online within minutes, and to pay nothing for the first 10 shareholders in its company, to encourage the use of the blockchain technology that will yield bigger benefits as a company grows. After that, companies
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