Jibrel to Launch First Globally Regulated Blockchain Powered Private Financing Platform

Jibrel Network, a blockchain-based fintech company headquartered in Zug, Switzerland, announced  that it will be launching Jibrel.com,  the first fully regulated blockchain-powered private financing platform , after its recent acceptance into the new ADGM (Abu Dhabi Global Market) RegLab cohort in the UAE. In the words of Yazan Barghuthi, Jibrel’s co-founder and CEO, “We are excited to be launching a vertically integrated private lending platform that will take startups from inception to maturity. The platform will increase investor transparency, simplify regulatory oversight and improve liquidity — by providing a streamlined platform to buy, sell and transact startup equity.”

As a company, Jibrel’s purpose is to foster open financial systems and digitization powered by emerging technologies. Its mission is to tokenize an array of assets (including debt such as bonds and Sukuk, as well as programmable tokenized equities and real estate) in a manner that is borderless, asset class agnostic and customizable for different use cases. “Jibrel was founded with the aim of tokenizing traditional financial assets,” says Barghuthi. “In collaboration with ADGM, we successfully settled the first Digital Sukuk with Al Hilal Bank and since then have further explored, researched and developed technologies that can assist in retail debt issuance. Now we have set our sights on tokenizing traditional equity. “

This is the basic premise behind the company’s upcoming launch of Jibrel.com , a native blockchain-powered private funding platform , that will enable investors of all genres to connect with startups and SMEs, creating new capital formations. As Talal Tabbaa, co-founder and COO of Jibrel, says, “We at Jibrel will collaborate on the technological, regulatory and financial spheres to bring real world equity on-chain, thus redefining how companies are established, funded and managed  and ultimately transforming the global capital markets in the process.”

Private financing platforms are set to completely change with the utilization of blockchain technology. Private financing has skyrocketed in popularity over the past decade or so. There are more than 375 private financing platforms to date. In North America alone, private financing volume totaled $17.2 billion in 2017. Globally, the industry is expected to hit $300 billion by 2025, with over $34 billion raised to date.

With the integration of blockchain technology, private financing platforms are expected to change for the better and thus grow. Tabbaa further explains: “We believe that the digital economies and financial markets of the future will be built on digital assets, including tokenized equities and securities. Blockchain platforms will work as enablers, democratizing investment securely, transparently and efficiently in regulated environments.”