Within the FinTech Report Podcast: Episode 42: Glen Frost interviews Max Cunningham, CEO of FCX.
You possibly can take heed to it right here: www.fintechsummit.com.au/the-fintech-report-podcast/
Key factors to notice:
Tokenisation of equities (ie asset class) on FC blockchain platform: impartial of geography / any nation – ie non-public firms from any nation can use FCXEquity atomic settlement (ie immediate settlement) = world first for FCXMessage to FinTechs: focus on choices with FCX after seed spherical
FCX describes itself as “A brand new period for personal markets. FCX helps firms higher handle their buyers and securities”.
FCX was conceived and constructed for the non-public funding sector with the straightforward objective to duplicate the listed market ‘person expertise’ for unlisted property. Because of this, we’re Australia’s first common fairness administration platform constructed particularly for personal firms. FCX allows unlisted firms to handle their cap desk, worker fairness, capital elevating course of, shareholder liquidity and far more through a consolidated platform.
FCX utilises class-leading Distributed Ledger Know-how (DLT) infrastructure and {couples} our deep capital markets expertise to automate and streamline the numerous arduous and time consuming administration duties related to managing an organization’s buyers and securities.
Max Cunninghan is the CEO of FCX; his background contains Group Government for Listings on the ASX, Head of Fairness Capital Markets at Goldman Sachs, and over a decade at Macquarie Financial institution.
Why FCX? What drawback does it resolve for?What does the title ‘FCX’ imply?Why do secondary fairness markets have to exist?How does FCX work? Matched trades?Traction; typical purchasers? are you able to focus on case research? Success tales? How a lot do folks increase?Advantages of FCX for fairness homeowners and founders, workers etcWhat sources do FCX listed firms want? Audited accounts, firm secretary?Development of the FCX group, backing from FinclearHow does FCX earn cash? Annual Charges. Itemizing charges etcDo you de-list? How do you management the dangerous actors/dangerous gamers?Future imaginative and prescient, plans.
