Vemanti Engages With Securitize And DSLG To Launch eLoan

Vemanti Group, a technology-driven holding company, announced that it has engaged with Securitize and Digital Securities Law Group to launch a Digital Security Offering (“DSO”) to fund and propel the business objectives for eLoan JSC, its portfolio company. The Company recently announced that it has completed its investment in eLoan, a fintech company based in Vietnam.

Digital Security Offering (DSO) and Security Token Offering (STO) are terms used interchangeably to describe offerings of digitized securities and tokenized securities respectively. The offering will be conducted by the Company on behalf of Fvndit Inc, eLoan’s US-based parent company, as the issuer. The issuance will be managed by Securitize’s platform and DS Protocol. Details of the offering will be announced at a later date.

Tan Tran, Vemanti CEO

“The objective of every securities issuer is to raise capital quickly, cost efficiently, and to reach as many investors as possible globally. Our partnership with Securitize and DSLG gives us access to a proven and fully-compliant tokenization solution and an ecosystem of the best partners around. We are very pleased to have engaged with these top firms to begin such an important fund-raising phase for eLoan,” stated Tan Tran, CEO of Vemanti Group.

Vemanti Group, Inc. (OTC PINK:VMNT) is a technology-driven holding company that seeks to be active in high-growth and emerging markets, with focus mainly on blockchain applications combined with other emerging technologies, including machine learning/AI, security and internet of things (IoT).

eLoan, JSC (“eLoan”) is a peer-to-peer (P2P) lending marketplace that allows investors to lend money directly to small and medium-sized enterprises (SMEs) based in Ho Chi Minh City, Vietnam. eLoan is the first peer-to-peer lending company and one of the few fintech firms in Vietnam focusing purely on serving SME clients with short-term loans. Its platform is run on a proprietary AI-driven decision-making and credit-rating system. The company is a legal entity registered under the laws of Vietnam and is not affiliated with E-LOAN, Inc. and, a Division of Banco Popular de Puerto Rico.

Securitize is a compliance platform and protocol for issuing and managing digital securities on the blockchain, including dividends, distributions, and share buy-backs. Securitize’s innovative Digital Securities Protocol (DS Protocol) enables seamless, fully compliant trading across multiple markets simultaneously. Securitize actively partners with exchanges, broker-dealers, custodians of crypto, escrow services, and other financial infrastructure for digital securities.

DSLG is a boutique NYC-based law firm representing a broad range of domestic and international clients including issuers of security tokens, blockchain and technology start-ups, fintech firms, broker-dealers, crowdfunding portals and private and public funds, among others. Their partners and counsel have a combined 75 years of securities, corporate, investment management, tax and crowdfunding experience.