Bermudian fintech start-up Laureate Digital Securities is to partner with AlphaPoint to power its planned digitisation, investor portal, and secondary trading.

Laureate, which in September announced its intention to set up its headquarters on the island, aims to benefit investors through using blockchain technology in asset management to enhance returns and efficiency.

AlphaPoint is a blockchain company focused on enabling institutions to launch, scale, and operate digital asset exchanges around the world.

Laureate said in a statement that AlphaPoint’s technology will power Laureate’s security token offerings, which “will expand and democratise access to asset management investment funds”.

“At Laureate Digital, we’re building an institutional-quality platform by forging strategic relationships with best-in-class companies like AlphaPoint, who share our vision that blockchain will completely disrupt the asset management industry,” Nicole Biernat, president of Laureate Digital Securities, said.

“Adding AlphaPoint’s proven blockchain technology to our platform will help us provide the requisite services for the creation and administration of digital security offerings and the trading of them in the secondary market.”

Igor Telyatnikov, AlphaPoint’s co-founder and president, said: “Laureate Digital has the team and now the technology to disrupt the asset management space.

“AlphaPoint looks forward to our ongoing relationship with Laureate Digital as we deliver a secure and scalable platform which will truly bring a new wave of opportunities to investors all over the world.”