Home Blockchain Linqto completes acquisition of Trustline as part of transition to blockchain-powered investment exchange

Linqto completes acquisition of Trustline as part of transition to blockchain-powered investment exchange

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Linqto completes acquisition of Trustline as part of transition to blockchain-powered investment exchange

SAN JOSE, CA., August 11, 2022 /PRNewswire/ — Linqto, Main Street’s investment platform for private technology market securities, today announced that it has completed its acquisition of Trustline, a technology platform that provides decentralized financial services in payments , exchanges and loans. Built on XRP Ledger, Trustline uses this advanced technology to provide more efficient and profitable financial services.

According to the founder and CEO of Linqto, Bill Sarri“We acquired Trustline for its advanced blockchain technology and intellectual property, including $200,000 value of XRP grants issued by the XRPL grant program. Trustline will help us build on our vision of providing access, affordability and liquidity to accredited investors. But the most valuable asset we have gained is the new association with Matt Rosendina progressive thinker and a leader in the global blockchain community.”

With the acquisition of Trustline, Linqto intends to accelerate its development of the world’s first and only decentralized private market securities exchange. Using Trustline’s proprietary technology, Linqto’s exchange will be auditable, transparent to the public, and 100% on blockchain.

“Trustline is thrilled to join Linqto’s innovative and groundbreaking work to simplify private investing for individual investors who have been left out of the traditional private equity asset class,” said Matt Rosendin, CEO of Trustline and now Vice President of General Ledger at Linqto. “Our two companies are perfectly aligned to democratize private markets investing for qualified investors.”

About Linqto:
Linqto is a leader in private sector liquidity, providing accredited investors with access to affordable investment opportunities in the world’s top unicorns. Simplified private investment. Learn more about https://www.linqto.com/.

About Trustline:
Trustline is a comprehensive financial services platform based on the XRP Ledger designed to provide efficient and profitable payment, trading and lending services to accredited investors.

SOURCE Linqto

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