Netcapital (NCPL) announced plans to expand its platform to include support for compliant blockchain-based digital assets, amid accelerating interest in tokenized securities and tokenized real-world assets like real estate. In June, Netcapital entered into a software-licensing agreement with Horizon Globex, the technology company powering the Upstream market and global trading app. Under the terms of the license, Horizon is developing a blockchain-based platform for Netcapital, paired with a Netcapital-branded mobile application. Netcapital is also partnering with Silicon Prairie Holdings, which provides critical regulatory infrastructure. SPHI includes a registered broker-dealer, Silicon Prairie Capital Partners, which operates an SEC-registered Alternative Trading System that enables secondary trading of securities previously sold pursuant to exemptions such as REG-CF, REG-D and REG-A and privately issued shares with digital book-entry representation via compliant, auditable order execution, settlement, and recordkeeping. Additionally, Silicon Prairie Registrar & Transfer serves as an SEC-registered transfer agent. By combining Netcapital’s primary-market access, Horizon’s blockchain smart contract technology stack, and SPHI’s regulatory infrastructure, the enhanced platform is expected to enable a wider range of compliant offerings and secondary trading, including security tokens, tokenized RWAs, and offerings under Reg CF, Reg A+, and Reg D.
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