15 June, 2023 | Press Release
June 14th, 2023 – San Francisco — Tabla, the cutting-edge blockchain-based cap table management platform, proudly announces the launch of its groundbreaking protocol, set to redefine the landscape of legal share issuance on blockchain networks. Tabla Protocol allows companies and funds to issue legal shares seamlessly on Ethereum, Celo, and other EVM-compatible blockchains.
Originally designed by Ambisafe for security tokens, Tabla Protocol has evolved to serve private equity and real estate funds, including prominent entities such as Ricard Group and Unicorn Tokenization Corp. The protocol enables the simultaneous issuance and sale of digital stocks and fund units across multiple jurisdictions, ensuring compliance with essential legal requirements such as KYC, investor accreditation checks, and transfer restrictions.
Key Features of Tabla Protocol:
- Real-time Cap Table Generation: The protocol innovatively produces a real-time cap table using shareholder information from various trading platforms.
- Decentralized Shareholder Register: Following shared ledger technology principles, the shareholder register is decentralized, allowing all participating platforms to update it in real time. This eliminates the need for post-trade settlement and reconciliation.
Benefits for Each Stakeholder:
- Issuers: Fully customizable digital assets, easy investor onboarding, automated sales mechanisms, live metrics, and a blockchain-based cap table.
- Brokers: Fast and cost-effective blockchain transactions, easy access to global trading platforms, and automated compliance mechanisms.
- Shareholders: Instant transactions, lower investment minimums, and faster liquidity of investments.
- Regulators: Increased transparency of market data and transaction activity, auditable compliance rules, and enhanced possibilities for monitoring automation.
Join the Tabla Ecosystem: Interested parties are invited to participate in the Tabla ecosystem. For inquiries, please visit Tabla’s Website or contact hello@tabla.is.
About Tabla: Tabla is a product of Ambisafe, a pioneering blockchain software company with a track record of launching protocols since 2015. Follow Tabla on Twitter, Facebook, and LinkedIn for additional information.