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VAKT Holdings Limited

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United Kingdom

Founded in

28 Jun 2018 (7 Years)

Founded

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1.67

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Security Information

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    What are the differences in regulations for each

    License

    A Grade License

    Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

    B Grade License

    Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

    C Grade License

    Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

    D Grade License

    From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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    Company Information

    Get to know VAKT Holdings Limited

    VAKT platform is a digital ecosystem for physical post-trade processing. Leveraging blockchain technologies, it is a single source of the truth for the trade lifecycle. It will eliminate reconciliation and paper-based processes, enhance efficiency and create new trade finance opportunities. ​Unlike other solutions focused on a narrow piece of the deal lifecycle, VAKT aims to transform the full trade lifecycle. VAKT is driven by nine leading energy companies and banks who have committed to embracing blockchain technology, working together to develop an industry-wide solution to age-old problems we all experience every day.

    Industry

    • Crypto CryptocurrencyPRIMARY
    • Financial Other Service
    • Technology Software Trading Platform

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