The Safelabs team ordered by SCH Asset Management has developed and launched the beta version of the Iceberg AM secure asset ownership and management service. Users can use the service to privately dispose of property from the most comfortable jurisdictions.
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“To put it bluntly, this is an attempt to democratize and digitalize the service of offshore ownership”, commented Dmitry Schnellreich, head of the project, on the launch. “To do this, we worked with lawyers from the most progressive jurisdictions and we got what we got.”
The service is a private mutual fund that interacts with third parties in its own name on behalf of the owner. The fund’s shares are designed as non-fungible digital tokens, which are formally priced only after their naturalization and withdrawal from the fund’s management.