Yale ReiSoleil and his team started developing commodity and stock index futures trading systems (both trading high-frequency trading software and hardware ‘blackboxes’) and trading in North America and China. Highest daily trading volume: 134 million yuan in contract value.
RMZ (the predecessor of IOB) stated VC investing. 2 projects invested, 1 advised. Realized profits: > $2.25 million.
Pre-sale concluded, over 8 million IOB tokens issued at $1/token.
Exploration of STO compliance filing in various European, Asian and American jurisdictions.
IOB invested in Fundamental Capital, a BaFin-licensed asset management company, and Kession, a fully FCA-regulated financial company with broker-dealer and fund management licenses.
STO filing with BaFin (prospectus) in Germany and SEC (Reg A+) in the US.
Porting algo trading and portfolio management software from traditional markets application to crypto trading;
IOB Social Investment Platform (SIP) beta
Launching Smart Trading with 5 core strategies.
PoET Protocol prototype.
IOB Analytics Products.
Expanding the IOB Ecosystem, 5 million IOB Tokens in Qualified Reserve.
Launching proprietary trading fund and Managed Accounts on Smart Trading™.
Building SmX™, a P2P exchange for institutional investors and traders based on technologies and data derived from PoET and Smart Trading™.
Launching The ONE Finance Network, (The IOB Mesh™), a distributed, rule-based peer-to-peer network that enables all blockchain-based financial transactions fully comply with various local and international regulations. It is an upgrade from SmX™ technologies with various relevant notes that provide financial, legal, accounting other local jurisdiction compliance requirements, p2p, fast, low cost on the distributed ledger network.
Whereas IOB team is doing their best in obtaining regulatory approval for the security token, the above timelines are estimates due to the outcomes being dependent on third parties in different jurisdictions. The team is using this time to strengthen the business and, as a result, increase the value of IOB token to benefit the investors.