Smartlands Platform Onboards Top Law Firm CMS to Advise on Asset Tokenization Projects
October 29, 2018, Vilnius, Lithuania ‒ Smartlands Platform is thrilled to announce its partnership with the international law firm CMS. The client-centric approach CMS takes to its vision and performance as well as the firm’s deep immersion in the digital enterprise sector are recognized by both Smartlands Platform and CMS as the foundational principles of the partnership.
“For the Smartlands Platform to reach its projected goals and successfully trade tokenized assets on the Stellar network requires a comprehensive legal expertise that leaves absolutely no room for interpretation,” says Smartlands Platform CEO Arnoldas Nauseda, adding “We’ve been working tirelessly on establishing a legal framework for our future tokenization projects and CMS is going to be immensely helpful in expediting that goal. In this day and age when trading security tokens is still a grey area in many crucial respects, this type of ironclad advice must come only from a reputable source with years of experience and a sound business outlook on the future of security tokens. CMS is undoubtedly that source.”
“We are thrilled to be working with Smartlands Platform,” says Sam Robinson, partner at CMS. “We at CMS strongly believe that security tokens are set to revolutionize commerce in the digital space, but we do also recognize the legal challenges that lie ahead, with global compliance being at the top of the list. In Smartlands Platform, we saw a company with a unique technical expertise to create an investment platform that utilises the security token technology in compliance with the regulatory obligations.”
About CMS
CMS is a future-facing, global law firm that is equipped to help clients confront challenges and seize opportunities with confidence. They put the interests of clients at the heart of everything they do across our 70+ offices in 40+ countries in the UK, Europe, the Middle East, Africa, Asia, and the Americas. CMS is widely regarded as a leading adviser for financial services in the digital space.
About Smartlands Platform
Smartlands Platform is a Stellar-based global security token issuance platform that creates new opportunities for asset owners and investors on the Stellar network. The platform is designed for creating low-risk securities (asset-backed tokens or ABT) backed by real estate assets, agriculture assets and assets in other sectors of the economy. Smartlands Platform strictly adheres to the legal framework established by SEC (Securities and Exchange Commission), FINRA (Financial Industry Regulatory Authority), ECB (European Central Bank) and FCA (Financial Conduct Authority) in compliance with KYC, AML requirements.
