Crypto Wealth Manager B21 Launcheshttps://www.crowdfundinsider.com/2018/06/134975-crypto-wealth-manager-b21-launches/B21 has launched their “personal wealth manager exclusively for crypto assets.” B21 is described as a mobile-focused platform that allows anyone to build a portfolio of cryptocurrencies currently including Bitcoin, Ethereum, EOS with additions determined by user voting. The App is available in both iOS and Android. The company says it has applied for a DLT license from the Gibraltar FSC.
B21 will be issuing a token with a private pre-sale initial coin offering beginning this month. The token will be used as the only form of settlement between the B21 platform and users within the B21 ecosystem
Miles Paschini, Co-Founder of B21, says that responsible participation in the crypto markets currently requires users to manage their private keys and hardware wallets, while jumping through hoops to meet KYC and banking regulations. B21 mirrors traditional investing apps and services by letting users set goals, contribute funds, and track progress through a dashboard. B21 says it will offer additional personalized portfolio services for high-net-worth clients.
B21’s team is the same one that launched crypto-linked debit cards, which were said to be implemented by the industry’s leading cryptocurrency wallet and exchange operators. They are taking that experience to deliver a crypto investing platform for mass market users.
B21 reports that their team holds eight patents in mobile payments and payment processing. B21 is advised by Brock Pierce, Chairman of the Bitcoin Foundation; Michael Terpin, Founder of Transform Group, BitAngels, and CoinAgenda; Samson Lee, Founder & CEO of CoinStreet; Scott Walker, and angel investor and serial entrepreneur; Crystal Rose, CEO of Sensay; and Lars Rydstrom, an entrepreneur and investor.
B21 reports it has applied for a custodial license to comply with governmental regulations covering protection of customer assets, segregation of customer and company funds, maintaining robust and accurate transaction records, and cold storage of customer funds. By acting as a custodian, B21 eliminates the need for people to hold their own private keys. The company’s full transparency data will be published on the EOS blockchain.