poundtoken (GBPT) is fully backed by cash so that it is always redeemable 1:1 for Great British Pounds (GBP). Each month, we publish attestation reports by KPMG regarding reserve balances backing GBPT. poundtoken is a licenced money transmitter in the Isle of Man.
poundtoken uses established banks and auditors and runs on blockchain technology via smart contracts. The Tech audit provides you with operational transparency.
poundtoken (GBPT) is fully backed by cash so that it is always redeemable 1:1 for Great British Pounds (GBP). Each month, we publish attestation reports by KPMG regarding reserve balances backing GBPT. poundtoken is a licenced money transmitter in the Isle of Man.
poundtoken uses established banks and auditors and runs on blockchain technology via smart contracts. The Tech audit provides you with operational transparency.
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© 2022 Blackfridge SC Limited
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© 2022 Blackfridge SC Limited
By submitting this form, you agree to receive marketing and other communications from poundtoken. You can unsubscribe from these communications at any time. For more information on our privacy practices, please review our Privacy Policy.
55 Athol Street, Douglas
Isle of Man, IM1 1BL
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 Funds withdrawn by you to an account in a different currency will be converted at an exchange rate decided by your bank.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.