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CyberTrust ICO details Start Date: 2017-12-5 End date: 2018-1-5 Category: Banking, Business services, Cryptocurrency, Investment, Software



Token: CABS



Platform: Ethereum



Type: ERC20



Initial price: 1 CABS = 0.6 ETH



Accepting: ETH



Hard cap: 600,000 CABS

CyberTrust securities crypto assets such as Bitcoin, Ethereum and others.

This enables institutional investors to take advantage of crypto markets since the resulting derivatives have a titled security claim to the underlying asset. Investors gain exposure to crypto asset price movements via a traditional investment vehicle but do not face the challenges that buying and safekeeping crypto assets entail. Crypto-Asset Backed Securitised Tokens (CABS) have been created by CyberTrust to fuel the securitisation process, with the sale of these tokens leading to the creation of a new crypto derivative market. How does the project create value to the ecosystem and differs from competing projects? The only thing comparable to our project is Grayscale, but Grayscale is only a crypto fund, whereas our platform will allow for the creation of derivative crypto-financial products that currently do not exist. This will facilitate increased interest in cryptocurrency investment from large investment funds (institutional investors), thereby leading to an increase in the market capitalisation of crypto assets.

CyberTrust raised 11,000,000 USD in a closed round.

Team

Evgeny Xata CEO Nick Lustiger Head of Institutional Sales Scott Freeman Head of Trading Parker Fairfield Head of Operations Evgeniya Gubar Legal Counsel Pavel Shelldyaev Full Stack Developer James Kehagias Web Development Project Manager Adam Yates Content Production Dan Permyakov Community Development Kirill Kazakov Project Management Dan YE Community Manager Kelvin Zheng PR Manager Alan Wu Event Manager Jason HO Operations Manager Axiang Wen Content Manager Art Looi Graphic Designer

CyberTrust Advisors

Tobias Seidl legal counsel and co-founder of SICOS Marat Kichikov ounder & CEO of BitFury Capital Bill Delahunt former US Congressional Representative David Gorodyansky founder & CEO of AnchorFree Jen Buakaew

Milestones

September 2014 Luxembourg jurisdiction becomes the base for the project.

July 2016 Ethereum Fund starts project development.

April 2017 Project framework is reworked. Service providers approved new framework.

May 2017 The claim standards of GCN securitisation are developed.

June 2017 Building pass-through tax structure.

July 2017 The appointment of the licensed Luxembourg third party administrator for S.V.

August 2017 Ernst & Young becomes the auditor. Dutch Foundation is created.

November 2017 Start of ITO

Q1 2018 BTC, ETH or BCH Global Crypto Notes are approved for clearing & settlement by Clearstream Banking S.A.

Q2 2018 BTC, ETH or BCH Global Crypto Notes are listed at large OTC markets worldwide.