METARIVER Receives Digital Asset and Registered Exchanges Act License from The Bahamas’ Securities Commission

METARIVER, an institutional digital asset services company, has announced the acquisition of two licenses from the Securities Commission of The Bahamas. The Digital Assets and Registered Exchanges Act (DARE) license and the Financial and Corporate Service Providers Act (FCSP) license will allow METARIVER to offer digital asset custody and treasury management services, as well as international company formation for institutional clients.

Metariver receives digital asset and Registered Exchanges Act license

METARIVER was founded by a team of experts from the fintech sector, specializing in governance, compliance, and product development. The company aims to address the growing need for corporate governance in the crypto industry.

The DARE Act provides a regulatory framework that legally recognizes distributed ledger technology, making it a significant achievement in the legislation that regulates the issuance, sale, and trade of digital assets. The Bahamas is a leading jurisdiction globally for digital asset licensing.

We are thrilled to be licensed by the Securities Commission of The Bahamas and look forward to introducing our services and infrastructure to asset holders, in offering an alternative to traditional treasury management,” said Frank Svatousek, CEO of METARIVER.

METARIVER plans to acquire additional digital asset licensing in a complementary jurisdiction, enabling the company to expand its sales channels and asset bases under management. The company targets Fall 2023 to roll out its services.

TL;DR:

METARIVER has acquired the Digital Assets and Registered Exchanges Act (DARE) license and the Financial and Corporate Service Providers Act (FCSP) license from the Securities Commission of The Bahamas. The company aims to provide digital asset custody and treasury management services, as well as international company formation for institutional clients. METARIVER plans to acquire additional digital asset licensing in a complementary jurisdiction and targets Fall 2023 to roll out its services.

Disclaimer

This blog post is intended to provide general information about investing in cryptocurrencies and is not intended to constitute financial advice. All investors should seek professional financial advice from a qualified financial advisor before making any investment decisions. Investing in cryptocurrencies is a high risk investment and should only be done after you have researched the topic yourself and understand the risks associated with investing in such assets.

Download your free ebook!

The 10 secrets to cryptocurrency profits

  • Understand what crypto currencies are and how to make a profit
  • Public and Private keys explained
  • How to protect your cryptocurrencies

Fill in the form Below: