GETTING STARTED

How can I be sure the correct GBP is held in collateral?

GETTING STARTED

How can I be sure the correct GBP is held in collateral?

How can I be sure the correct GBP in held in collateral?

We have engaged KPMG to independently examine our collateral and provide a monthly attestation to confirm we hold the right amount of GBP denominated assets for every poundtoken in issue. KPMG conduct monthly assurance reports reconciling the balance of funds in our segregated accounts against the poundtoken in issue. These reports are published on our website every month and are one of the requirements of our strict financial services licence.

Let’s get started

Contact our partnerships team to learn how your business may benefit from poundtoken.io

Join the community

Transactions

Let’s get started

Contact our partnerships team to learn how your business may benefit from poundtoken.io

Join the community

© 2022 Blackfridge SC Limited

About Us

About
Whitepaper

Legal

Licence Information
User Agreement
Cookie Policy
Privacy Policy

Support

Getting started
Funding
Account security
Account Verification
Transactions
Account Maintenance

Reports

Tech Audits
Attestations

Get in touch

55 Athol Street, Douglas
Isle of Man, IM1 1BL

hello@poundtoken.io

Blackfridge Group

OTC Desk
Press

© 2022 Blackfridge SC Limited

About Us

About
Whitepaper

Legal

Licence Information
User Agreement
Cookie Policy
Privacy Policy

Support

Getting started
Funding
Account security
Account Verification
Transactions
Account Maintenance

Reports

Tech Audits
Attestations

Blackfridge Group

OTC Desk
Press

Get in touch

55 Athol Street, Douglas
Isle of Man, IM1 1BL

hello@poundtoken.io

poundtoken and poundtoken.io are business names of Blackfridge SC Limited. Blackfridge SC Limited is a company incorporated in the Isle of Man under company Number 134289C. Registered Address 55 Athol Street, Douglas IM1 1BL. Blackfridge SC Limited is licensed and regulated by the Isle of Man Financial Services Authority to carry on Class 8 (2)(a) and (4) – Money Transmission Services as a part of the Authority’s Regulatory Sandbox. Blackfridge SC Limited is registered with the Isle of Man Information Commissioner. Funds received by Blackfridge SC Limited do not constitute deposits as defined in the Regulated Activities Order 2011 and are not covered by the Isle of Man Depositors’ Compensation Scheme. All funds received from customers for the issuance of e-money tokens (known as poundtoken) are safeguarded in segregated client accounts denominated in GBP (British pound sterling). Funds received in any other currency will be converted at an exchange rate decided by our bank. Funds withdrawn by you to an account in a different currency will be converted at an exchange rate decided by your bank. For the avoidance of doubt, “poundtoken” is a trading name and has no official connection or affiliation with British Pound Sterling (GBP) currency issued in the United Kingdom, and has no legal or regulatory protections in the United Kingdom.