Corporate Finance, DeFi, Blockchain, Web3 News
Corporate Finance, DeFi, Blockchain News

ARIE Capital Bank partners with Koine to complete its digital business banking offering

Koine, the provider of segregated, institutional custody and settlement services for digital assets, has partnered with the world’s first fully-regulated native digital investment banking services platform, ARIE Capital Investment Mauritius (“ACBM”), enabling ACBM to offer a complete digital banking service for fiat and digital assets.


This partnership will add to ACBM’s already-impressive line-up of financial and banking services. Among other services, ACBM’s proprietary digital platform allows for multi-account and multi-currency management within one simple and convenient dashboard, with a focus on providing regulated cross-border transactions, investments, and international banking.

ACBM’s international client base will now be able to benefit from Koine’s cutting edge, post-trade custody and settlement solution, allowing clients to see their fiat and digital holdings in one ledger through their ACBM platform.

Licensed by the UK’s Financial Conduct Authority as an Electronic Money Institution for the issuance of electronic money, Koine is specifically designed for institutional investors to mitigate counterparty, insolvency and credit risks from trading on exchanges.

Koine’s unique security model, which deploys Digital Airlocks™, replaces the cold storage and hot wallet model that can compromise the security of private keys as a result of still needing employee access to account information and ICO Advisory. By combining this new digital asset security model, Koine provides a post-trade solution of settlement and segregated custody services for digital assets, plus settlement for digital assets versus fiat money, that is suitable for traditional capital markets.

Hugh Hughes, Chairman and CEO at Koine, said: “We are pleased to be working with ACBM, enabling the bank to utilise our FCA regulated eco-system for its clients’ custody and settlement needs. At Koine, our focus has always been to drive the adoption of digital assets within institutional finance, and working with the world’s first regulated, digitally native investment bank is an important step.

“This partnership is a good demonstration of the favourable market reaction to Koine’s ultra-secure scalable institutional-grade solution for custody and settlement; a consolidation of our reputation as the platform of choice for institutions. Clients value our proprietary technology, extensive sector knowledge and constructive engagement with regulators in multiple jurisdictions, and we’re pleased to offer this to ACBM.”

Simon Tobelem, Group CEO at ACBM said: “When we looked for a digital asset provider, it was extremely important that they shared the same connected, most secure and evolutionary technology to serve our international client base. Koine fits that profile perfectly. ACBM’s vision is to make banking accessible and cost-effective with a modular, intuitive and customisable platform, and using Koine’s services is a strong additional step to making sure that we serve our clients as seamlessly as possible.”

Established in late 2017 and live since 2019, ACBM aims to reinvent the way in which business and investment banking address clients’ needs in the digital era, particularly for multi-entities, corporates and sophisticated investors with significant cross-border activity. For more information, please visit their website: www.acbm.co.

Founded in London in 2017, Koine brings together the full suite of governance, compliance, risk management, and audit of real-time trading to the digital ecosystem. Its state-of-the-art platform has been engineered to provide clients with the tools to manage their assets in a low latency, high-volume environment and benefit from notably increased security, agility and efficiency.

Koine is authorised as an Electronic Money Institution (EMI) by the UK Financial Conduct Authority (FCA) for the issuance of electronic money with Firm Reference Number (FRN) 900934.

About Koine
Koine has created an ultra-secure custody and settlement platform for institutional market participants looking to invest in digital assets in in a regulated environment.
Koine offers segregated, institutional custody and settlement of digital and fiat assets. It eliminates settlement and counterparty risks, delivering full governance, compliance, risk management and audit of real-time asset trading. Koine combines a scalable business model, with pioneering security and innovative engineering.
Koine’s solution is ultra-secure and scalable for institutional capital. Approximately two dozen, funds and family offices have chosen Koine to engage with their digital assets whilst fully adhering to regulated market practices.
Established in 2017 and already with a staff of over 50, Koine’s executive team is made up of experienced banking, capital markets and payments professionals; industry stalwarts who understand the infrastructure and compliance needs of legacy investors interested in leveraging digital assets. Leading the Koine team is CEO and Chairman Hugh Hughes, ex-CEO of Société Générale Securities and co-founder of Fixnetix.
Koine delivers secure digital vaults to the same technical standard as the very best digital cold stores (FIPS 140-2/3) using its Digital Airlock 2122 technology. This new approach, complying with the EAL7+ standard, eliminates the need for hot wallets and human participation in post-trade processes whilst enabling clients to retain instant access to their assets.
Koine is authorised as an Electronic Money Institution (“EMI”) by the UK Financial Conduct Authority (“FCA”) for the issuance of electronic money with Firm Reference Number (FRN) 900934.
Headquartered in London, Koine selected the UK as its jurisdiction of preference as it seeks to become the most highly-regulated solution for custody and settlement of digital assets globally. It is also seeking appropriate regulatory licenses in other trusted jurisdictions.
www.koine.com

About Aire Capital
ARIE Capital is an international venture capital and financial services firm that was formed in London in 2016 by experienced financiers Stephen Margolis and Simon Tobelem, who bring a combined track record of over 60 years in the financing, banking, and investment industries.
Since then the company has invested over $35m in 15 startups around the world in countries including the UK, Israel, and Sweden, and in industries as diverse as Life Sciences, Deep Tech, Connectivity, and Sports and Media Tech, among others.
ARIE Capital's team has established a track record of identifying cutting-edge technologies, financially-sound startup companies, and forward-thinking entrepreneurs to offer its investors the opportunity to be a part of something that is both exciting and financially rewarding. Its vibrant portfolio has grown in valuation each year, with a successful exit of one of its investee companies to a tech giant already under its belt.
With offices in London, Tel Aviv, Beijing, Nanjing, and Los Angeles, ARIE Capital’s global infrastructure gives it a different perspective to changes in the markets, and allows it access to the latest technologies and startups. The company has established teams in China and Israel in particular to identify exciting opportunities in both countries.
As well as its main portfolio, ARIE Capital is also active in EIS fundraising and investment, details of which can be found at www.ariecapitaleis.com.

ARIE Capital is also behind the world’s first fully-regulated native digital investment banking services platform, ARIE Capital Investment Mauritius (“ACBM”), which offers a proprietary digital platform with a focus on cross-border transactions, investments, and international banking. More details are available at www.acbm.co.

For more information on ARIE Capital and its portfolio of companies, or for contact details, please visit our website at: www.ariecapital.com.


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Mercredi 19 Août 2020




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