[Media release] - Securosys, the Swiss Hardware Security Module (HSM) provider, is going to launch an ITO. In this growth financing, the company is seeking investments of up to CHF 16M. The proceeds will be used to fund new product developments for the cryptocurrency and blockchain markets and to finance Securosys’ international expansion. For this Initial Token Offering (ITO), Securosys partners with Lykke, Blockchain Valley Ventures, and a select group of industry advisors to reach its goal.
In a first step in this ITO, Securosys is publishing a new website dedicated to the ITO and the related whitepaper. Both contain detailed information about the company, the project, and the token sale.
The White Spot for Securosys
Securosys is the technology leader in Hardware Security Modules. HSMs are indispensable to securely store and generated private keys, for encryption, authentication and signatures, as well as certificates, and passwords. These digital objects are the most critical information in every company, protecting its identity, its intellectual property and digital assets. In blockchain and crypto finance systems in particular, the protection of private keys in a HSM is paramount.
Securosys’ aims to further complement its proven scalable security technology by targeting enterprise-grade storage and trading solutions for digital assets, hence addressing the security expectations of professionals in the fintech industry worldwide.
The offered Securosys token, SET, stands out as a security token. It will entitle SET Token holders to an equivalent of 25% of all future dividends and potential exit gains generated by Securosys. Furthermore, the SET tokens contain the right to be converted into shares of Securosys. The Securosys ITO is fully compliant with Swiss regulations and certified by recognized quality-control providers.
About Securosys
Securosys is a proven company with a proven team and proven products. Securosys HSMs protect the Swiss interbank clearing and settlement system operated by SIX Group AG on behalf of the Swiss National Bank. In this system, financial transactions of more than CHF 100 Billion are secured every day. Founded in 2014, Securosys achieved 2017 already its second year of profitability.
Securosys is an expert in high-security information technology for digital assets and cryptography. Its products are widely used and recognized by numerous Fortune Global 500 companies. They secure a variety of applications in the traditional financial sector but also the new crypto currency and assets businesses. In addition, they are now being adopted by new digital, Internet-of-Things (IoT), and fintech industries.