Enhancing Digital Asset Investing


The most complex existing technology applied to the most valuable market

The financial institutions need to find innovative ways to increase investor base, optimize selling processes and reduce the information asymmetries, especially in this historical era.

Thanks to Blockchain & AI, and adopting the concept of fractional ownership, an accredited investor could easily get a portion of a digitalized assets, without the need to rely on a third party.

It’s the technology itself that act as trustee.

Enhancing Digital Asset Investing


The most complex existing technology applied to the most valuable market

The financial institutions need to find innovative ways to increase investor base, optimize selling processes and reduce the information asymmetries, especially in this historical era.

Thanks to Blockchain & AI, and adopting the concept of fractional ownership, an accredited investor could easily get a portion of a digitalized assets, without the need to rely on a third party.

It’s the technology itself that act as trustee.

Attractive Niche Market Opportunity

Disruptive and Fully Compliant Platform

New Technology Landscape  

Experienced Management Team

High-Value Partnerships

The trusted Marketplace for fractionalized Asset trading powered by Blockchain technology

BlockInvest is the new generation marketplace thought for financial institutions and market operators designed to overcome market inefficiencies

It is the result of different skills and technologies, which makes it unique in the current financial landscape

Thanks to this solution it is possible to digitize the sales process by improving data quality, creating the financial instrument of the underlying asset (security token) and take advantage of the blockchain technology to broaden the investor base at a global level, in a trustless environment with an unparallel security level.

Goal

Our Goal is to build the trusted NPE-Real-Estate Marketplace able to connect institutional asset owners, with accredited investors, regardless of investment capacity or physical location, to making an illiquid market liquid, more transparent and efficient

 

The trusted Marketplace for fractionalized Asset trading powered by Blockchain technology

BlockInvest is the new generation marketplace thought for financial institutions and market operators designed to overcome market inefficiencies

It is the result of different skills and technologies, which makes it unique in the current financial landscape

Thanks to this solution it is possible to digitize the sales process by improving data quality, creating the financial instrument of the underlying asset (security token) and take advantage of the blockchain technology to broaden the investor base at a global level, in a trustless environment with an unparallel security level.

Goal

Our Goal is to build the trusted NPE-Real-Estate Marketplace able to connect institutional asset owners, with accredited investors, regardless of investment capacity or physical location, to making an illiquid market liquid, more transparent and efficient

 

Stakeholders

Sell Side

1. Primary Sellers

The majority of the NPE are owned by banks of every size. The absence of a secondary market is one od main causes of this high level of exposures.

2. Secondary Sellers

In EU, only a small percentage of the total trade volume are made by secondary sellers, who have previously acquired portfolios from primary sellers and want to sell portions of these assets on the market. Since is expected an increase of these market, they are the main target user of BlockInvest

Buy Side

1. Private Accredited Investors: The main target are private accredited investors which actually are not included in this market for different reasons.

2. Financial institutions: Financial institution could be both seller and buyer

3. Large Enterprises companies whose size allows them to be classified as professional investors. A new and profitable market could open up to these companies.

We expect a new regulatory framework which will allow a further exchange of fractional assets between investors, all over the world, thanks to blockchain technology. BlockInvest want to become the reference solution for this new open market.

Attractive Niche Market Opportunity

Total EU NPE Market

The total EU stock of gross non performing exposure reached €636 billion in June 2019

Total Italian NPE Market

The total Italian market of gross non performing exposure is estimated in €145 billion (end-December 2019)

Post Covid-19

The post pandemic volume is expected to increase and further worsen an already complicated situation.

graph-1
graph-1

Source: Banca IFIS, “Market Watch NPL”

Improving situation but still a long way to go…

Strong reduction since 2015 peak, but still high level of NPE ratios (Q2 2019: Italy 8% vs EU 3%)

– New potential NPE flows due to the slowdown in production after Covid-19 emergency

EU-dati

…due to several market inefficiencies…

Information asymmetry driving wide pricing gap

High transaction costs Length and inefficiency of insolvency procedures

Few investors with high bargaining power

graph

…but a transaction platform can represent a possible solution!

A marketplace for NPLs as a means to overcome market failures

No sunk costs, wider investor base, preserve banks capital, mitigate financial risks

An NPL transaction platform as a means to overcome market failures

An NPL transacton platform could help overcome the sources of market failure and induce new investors to enter the market. The platform – an electronic transaction system combined with a data warehouse and trade repository, easily accessible to buyers and sellers alike – could contribute to the growth in NPL trading by increasing transparency around NPLs, reducing transaction costs…

Improving situation but still a long way to go…

– Strong reduction since 2015 peak, but still high level of NPE ratios (Q2 2019: Italy 8% vs EU 3%)

–  New potential NPE flows due to the slowdown in production after Covid-19 emergency

…due to several market inefficiencies…

– Information asymmetry driving wide pricing gap

– High transaction costs Length and inefficiency of insolvency procedures

– Few investors with high bargaining power

…but a transaction platform can represent a possible solution!

– A marketplace for NPLs as a means to overcome market failures

– No sunk costs, wider investor base, preserve banks capital, mitigate financial risks

An NPL transaction platform as a means to overcome market failures

An NPL transacton platform could help overcome the sources of market failure and induce new investors to enter the market. The platform – an electronic transaction system combined with a data warehouse and trade repository, easily accessible to buyers and sellers alike – could contribute to the growth in NPL trading by increasing transparency around NPLs, reducing transaction costs…

Project Solutions

By exploiting the technological improvements, the BlockInvest platform could help to overcome these market inefficiencies by increasing:

Project Solutions

By exploiting the technological improvements, the BlockInvest platform could help to overcome these market inefficiencies by increasing:

Liquidity

Due to the chance to trade fraction of assets like shares, and by lowering investment thresholds increase exponentially the accessibility to the market, and consequently the liquidity into the market

Transparency

The technology proposed increase the level of trust into the system, ensuring more transparency and the same level of information for everyone.

Efficiency

The distributed ledger, remove the needs for third parties, increasing the efficiency level, cutting significantly time and costs.

Data Quality

    By creating a standardized Data tape, we allow the Sellers to
  • easily create the Portfolios on the platform
  • get analytics
  • optimize the initial due diligence phase
  • accelerate deal

Transferability

Digital transfer of ownership in seconds, 24/7/365, thanks to peer-to-peer trading.

Global Market Reach

Global reach and lower fees of the blockchain infrastructure allows for a new and global investor network.

Liquidity

Due to the chance to trade fraction of assets like shares, and by lowering investment thresholds increase exponentially the accessibility to the market, and consequently the liquidity into the market

Transparency

The technology proposed increase the level of trust into the system, ensuring more transparency and the same level of information for everyone.

Efficiency

The distributed ledger, remove the needs for third parties, increasing the efficiency level, cutting significantly time and costs.

Data Quality

By creating a standardized Data tape, we allow the Sellers to

– easily create the Portfolios on the platform
– get analytics
– optimize the initial due diligence phase
– accelerate deal

Transferability

Digital transfer of ownership in seconds, 24/7/365, thanks to peer-to-peer trading.

Global Market Reach


Global reach and lower fees of the blockchain infrastructure allows for a new and global investor network.

The Model

The trusted NPL / Real-Estate Marketplace able to connect institutional credit owners with accredited investors, regardless of their investment capacity or physical location, so as to make an illiquid market liquid, more transparent and efficient

The trusted NPL / Real-Estate Marketplace able to connect institutional credit owners with accredited investors, regardless of their investment capacity or physical location, so as to make an illiquid market liquid, more transparent and efficient

How It Works?

SELL SIDE FLOW

When a seller decides to put their Assets on the market through BlockInvest, they have to:

Create It, by deciding if list a Portfolio or a Single Asset

Fill out our standardized data tape, comprehensive of all the relevant information of the position.

Once the data tape has been completed, the platform will run a first check to assess the exhaustiveness of data quality and assign a rating to the data tape

The seller will have access to Pricing Tool simulation area where they can calculate the value of their assets using parametric mathematical models (WIP)

Once the seller is satisfied with the quality of the data, will start the tokenization process and the creation of representative security token directly on the platform

The Sellers go live with portfolio/positions for sale.

Can Invite with few clicks every accredited Investor, inviting them to the platform.

Can Manage all the KYC/AML data and allow Investor to operate and transact on the platform

Approve all the transaction – Transfer Agent functions – also on the secondary market

Update all the positions information’s

BUY SIDE FLOW

After being invited by the Issuers, the potential buyer accessing BlockInvest can:

Analyze the data uploaded to the platform, view the general informations of the positions

Perform the KYC directly through platform format

After being approved, investor are whitelisted

Their Blockchain address is approved

They can check all the PDF documents associated with the positions and run their own assessments.

Once they have decided their investment, investors:

Can perform the bank transfer and receive the security token, which embed all the relevant information and represents the investment made

Can Monitor the position lifecycle, updated by the Seller

Approve all the transaction – Transfer Agent functions – also on the secondary market

Can make other transactions

SELL SIDE FLOW

When a seller decides to put their Assets on the market through BlockInvest, they have to:

Create It, by deciding if list a Portfolio or a Single Asset

Fill out our standardized data tape, comprehensive of all the relevant information of the position.

Once the data tape has been completed, the platform will run a first check to assess the exhaustiveness of data quality and assign a rating to the data tape

The seller will have access to Pricing Tool simulation area where they can calculate the value of their assets using parametric mathematical models (WIP)

Once the seller is satisfied with the quality of the data, will start the tokenization process and the creation of representative security token directly on the platform

The Sellers go live with portfolio/positions for sale.

Can Invite with few clicks every accredited Investor, inviting them to the platform.

Can Manage all the KYC/AML data and allow Investor to operate and transact on the platform

Approve all the transaction – Transfer Agent functions – also on the secondary market

Update all the positions information’s

BUY SIDE FLOW

After being invited by the Issuers, the potential buyer accessing BlockInvest can:

Analyze the data uploaded to the platform, view the general informations of the positions

Perform the KYC directly through platform format

After being approved, investor are whitelisted

Their Blockchain address is approved

They can check all the PDF documents associated with the positions and run their own assessments.

Once they have decided their investment, investors:

Can perform the bank transfer and receive the security token, which embed all the relevant information and represents the investment made

Can Monitor the position lifecycle, updated by the Seller

Approve all the transaction – Transfer Agent functions – also on the secondary market

Can make other transactions

Disruptive Solution

As-is

Portfolio creation and management
(for Issuer*)

Everyone use a different data tape, most of time too complex or too weak, which lead to information asymmetries and the impossibility to produce standardized analysis

Standardized Data tape, respecting the top-quality standard, thought which are provided Best-in-class data transaction analytics and valuation tools, to to optimize the initial Due diligence phase, and accelerate deal execution

Market Accessibility

Investors are invited only based on few, previous relationships.

Only high-ticket investors involved, excluding the largest slice of the market

Invite, thought few clicks every Accredited investors, increasing the drastically the coverage, for market players, and mostly..

Boost the creation of a totally new market.

Time Cost Transparency
(for Investors*)

Long and complex onboarding

High sunk cost

High OH costs

Uncertain deal time

Fragmented information flows

Immediate KyC Registration and onboarding

No-sunk costs

No OH costs for

Investors Pre-defined investment time

Monitor the Investments in real-time

Real Asset tokenization
and transaction

Even in the newest and most advanced marketplaces the transactions still happen offline with traditional and expensive procedures

The BlockIvest infrastructure allows the issuance of security token and transferability of security token linked to the underlying security

Disruptive Solution

Portfolio creation and management
(for Issuer*)

As-is

Everyone use a different data tape, most of time too complex or too weak, which lead to information asymmetries and the impossibility to produce standardized analysis

Standardized Data tape, respecting the top-quality standard, thought which are provided Best-in-class data transaction analytics and valuation tools, to to optimize the initial Due diligence phase, and accelerate deal execution

Market Accessibility

As-is

Investors are invited only based on few, previous relationships.

Only high-ticket investors involved, excluding the largest slice of the market

Invite, thought few clicks every Accredited investors, increasing the drastically the coverage, for market players, and mostly..

Boost the creation of a totally new market.

Time Cost Transparency
(for Investors*)

As-is

Long and complex onboarding

High sunk cost

High OH costs

Uncertain deal time

Fragmented information flows

Immediate KyC Registration and onboarding

No-sunk costs

No OH costs for

Investors Pre-defined investment time

Monitor the Investments in real-time

Real Asset tokenization
and transaction

As-is

Even in the newest and most advanced marketplaces the transactions still happen offline with traditional and expensive procedures

The BlockIvest infrastructure allows the issuance of security token and transferability of security token linked to the underlying security

Fully Compliant Platform

Investor Onboarding

When security tokens are issued, they must only be allocated eligible and approved investors. BlockInvest clients, will be able to perform:

– Online KyC procedure compliant with EU standard, MIFID II.

– Investor On-chain Whitelisting (only whitelisted accounts con make transaction on the blockchain

– Direct communication with approved investor

Issuance

In order to apply compliance during issuance/transfers, we created the TRANSFER AGENT figure on-chain, able to control all the transactions. This centralized authority is managed by the Issuer, and can make:

– Digital onboarding and token allocation

– Transfer this authority an other centralized figure (i.e.: Notary)

– Securities total supply control (token mint-burn etc.)

Management

Security tokens are representations of securities issued using a blockchain infrastructure. Securities laws from the issuer and investor jurisdictions applies Manage, post-issuance operations, such as corporate actions and reporting is crucial. In particular:

– Direct communication with all investors

– “Cap table” management

– Automatic reporting

– Analytics and insight

Fully Compliant Platform

Investor Onboarding

When security tokens are issued, they must only be allocated eligible and approved investors. BlockInvest clients, will be able to perform:

– Online KyC procedure compliant with EU standard, MIFID II.

– Investor On-chain Whitelisting (only whitelisted accounts con make transaction on the blockchain

– Direct communication with approved investor

Issuance

In order to apply compliance during issuance/transfers, we created the TRANSFER AGENT figure on-chain, able to control all the transactions. This centralized authority is managed by the Issuer, and can make:

– Digital onboarding and token allocation

– Transfer this authority an other centralized figure (i.e.: Notary)

– Securities total supply control (token mint-burn etc.)

Management

Security tokens are representations of securities issued using a blockchain infrastructure. Securities laws from the issuer and investor jurisdictions applies Manage, post-issuance operations, such as corporate actions and reporting is crucial. In particular:

– Direct communication with all investors

– “Cap table” management

– Automatic reporting

– Analytics and insight

About Us

BlockInvest is an Italian company, founded by professionals in the Fintech, NPL and Real Estate space.

Founders

Lorenzo Rigatti

Massimo Calogiuri

Alfredo Malgrati

Fabrizio Ciciani

Fabio Pacchioni

Davide Baldi

Rossano Petrucci

Advisors and Partners

Tania Garuti

Francesco Melis

Massimiliano Ingrosso

Anna Pezone

Management Team

Lorenzo Rigatti

CEO

Management engineer, Blockchain manager and RealHouse Founder

Former PMO in Fincantieri SpA; Head of Business Development at Luxochain SA and NOKU AG

Ugo Festini

Head of RE

Management Engineer, MBA graduate, and Founding Partner at K2Real

Expert in complex Real Estate analysis with more than 20-year consulting experience

Fabio Pacchioni

CTO

Software engineer, joined the Blockchain scene in 2016

Blockchain developer for Elpis Investment, Seed Venture, NOKU AG and Luxochain SA

Stefano Platini

Head of NPL

Recognized professional in credit and finance sector.

Expert in evaluation and management processes of unsecured loans, both retail and corporate

Enrico Rubboli

Head of Product

Software engineer, Blockchain and Machine Learning expert

Proven track record in developing and managing complex IT projects

Our Partners

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Enhancing Digital Asset Investing

The most complex existing technology applied to the most valuable market

Enhancing Digital Asset Investing

The most complex existing technology applied to the most valuable market

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