One of the great achievements of past weeks is that after much deliberation and extensive negotiations we finally have an agreement with Shojin Property Partners to work together on our upcoming tokenization project.
Shojin is an asset manager and a financial technology company that enables citizens of the world to grow their wealth investing in property across the UK. We are confident that with Shojin’s help Smartlands will be able to engage both investors and asset owners more fluidly providing greater real economy opportunities by tokenizing assets on our Platform, issuing tradable securities and making them available for purchase on the secondary market.
The Shojin Group has been operating since 2009. The team behind Shojin Property Partners has extensive experience in property investment and property development in the UK co-investing alongside investors in every single project.
Jatin Ondhia, Co-founder and CEO, has over 17 years’ experience within the capital and property markets. Previously working as an Investment Banker at UBS for 14 years, he was responsible for Portfolio Risk Management and optimizing performance of bond portfolios.
Sandeep Puri, Co-founder, Director of Development has over 24 years’ experience as a property professional, specializing in the financial and project management aspects of construction projects. He has previously worked for George Wimpey, Cyril Sweett & Partners, and Redrow Homes.
A welcome addition to the Shojin-Smartlands alliance is Colliers International, who is going to be involved in tying together all property- and audit-related issues. Colliers is a global commercial real estate services firm that provides services to commercial real estate users, owners, investors, and developers; they include consulting, corporate facilities, investment services, landlord and tenant representation, project management, urban planning, property and asset management, and valuation and advisory services.
As always, CMS law will manage the legal side of things making sure that our legal framework remains immaculate and is capable of withstanding any impact from any imaginable angle.
In summation, we begin the final stage of preparation and plan on disclosing the details of the STO in approximately 4-6 weeks. During this time we are also going to be working on thoroughly updating the company website adding several key features, enhancing functionality, strengthening the educational part of the entire experience and overall giving it just the right amount of panache to accurately reflect the Smartlands’ part in the Security token revolution.
Right now, it’s important to keep an eye on the big picture: the process of lining up the essential components for the STO on the Smartlands Platform is running at full steam, and very soon we will be disclosing our Custody partners and the Nominee; with these essential pieces in place, finally, we will be able to assert our market position as a leading securities issuing platform.