New York City, NY, Aug. 21, 2018 (GLOBE NEWSWIRE) -- The Abele Group USA, LLC, an international financial technology company launching one of the world’s first digital custodians for the token economy, announces today that it has submitted a confidential filing on Form 1-A with the U.S. Securities and Exchange Commission (the “SEC”) pursuant to Regulation A+ for its proposed initial coin offering (“ICO”). The Abele Group seeks to become the first company to be qualified by the SEC to conduct an ICO under Regulation A+.
“The Abele Group is launching one of the world’s first digital custodians, and is committed to doing so in accordance with applicable rules and regulations,” said Phil Woods, CEO of The Abele Group. “We’re one of the first groups to submit a filing with the SEC for an ICO under Regulation A+, and following the SEC’s review process, we believe that the Abele Group may be the first ICO qualified by the SEC.”
The Abele Group’s ICO will fund the launch of the world’s first fully digital custodian and marketplace, powered by blockchain and AI, which will increase security and transparency in the financial industry. The Abele Group intends to create an institutional quality digital custodial depository that safeguards investor’s cryptographic and other digital assets, and to establish a state-of-the-art asset management business that will manage a portfolio of traditional and crypto assets in various structures and managed accounts.
For more information about the Abele Group please visit www.abelegroup.io or review the Abele White Paper.
Disclaimers
No money or other consideration is being solicited for our Regulation A+ offering at this time and if sent in to Abele Group will not be accepted. No offer to buy securities in a Regulation A+ offering of Abele can be accepted and no part of the purchase price can be received until Abele’s offering statement is qualified with the SEC. Any such offer to buy securities may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of its acceptance given after the qualification date. Any indications of interest in Abele Group’s offering involves no obligation or commitment of any kind.
IMPORTANT: An offering statement on Form 1-A (the “Offering Statement”) relating to the Abele Tokens in the proposed initial coin offering (the “Offering”) has not been publicly filed and qualified by the SEC. Once the Offering Statement, including the Preliminary Offering Circular contained therein, is filed publicly with the SEC, we will make them available publicly. The Abele Tokens may not be sold to, nor may offers be accepted from non-accredited US investors, prior to the time the Offering Statement becomes qualified.
About The Abele Group:
The Abele Group is a finance and technology company aiming to revolutionize the financial industry by bringing it into the digital age with blockchain technology and artificial intelligence. The organization consists of two subsidiary business units — ABELE Technologies and ABELE Asset Management — that work together. ABELE Technologies uses innovative blockchain technology and artificial intelligence to develop blockchain software for financial institutions. ABELE Asset Management is a digital fund complex that will invest in crypto and traditional assets. For more information on the Abele Group please visit https://abelegroup.io/ or follow on Twitter or Telegram @AbeleGroup.io