Crypto Asset Rating Inc. Joins Chamber of Digital Commerce

January 30 17:10 2020

Crypto Asset Rating Inc., a provider of independent structured rating, data analysis and tokenization solutions for crypto assets, was recently designated as a member of the Chamber of Digital Commerce, the world’s leading blockchain and digital asset trade association. The membership will allow the company to expand its thought leadership in the blockchain and digital asset ecosystem and help to inform policy initiatives supported or led by the Chamber of Digital Commerce.

“Far too few investors have adequate resources or analytic capabilities for evaluating the risk of investing in digital assets. It’s something the blockchain and digital asset ecosystem desperately need,” said Crypto Asset Rating Inc. Founder and Chief Executive Officer, Pramod Attarde. The U.S.-based company is launching a new rating platform for crypto assets with a strategy similar to S&P and Moody’s: offering independent ratings of crypto assets.

“As a result, we’ve developed a sophisticated analytic framework to evaluate the risk of various digital assets like security tokens and utility tokens. However, we feel more work needs to be done to raise awareness that a truly independent, trusted voice will soon be weighing in on the investment risk associated with certain digital assets. This relationship is a step in the right direction,” said Mr. Attarde.

The company is ready to launch its primary product Rating Platform (CARP) for digital assets, including for both security and utility tokens. The CARP platform relies on a complex algorithm consisting of more than 125+ parameters in 15 various categories, such as quantitative and qualitative. Among the company’s other planned product offerings is a Crypto Capital Access Platform (CCAP) SaaS-based tokenization platform, which would operate as a workflow system for companies seeking to satisfy legal and compliance obligations associated with a token offering, such as AML, KYC, and certain disclosures.

Through its membership in the Chamber, the company can help lead the transformation in the digital assets industry as well as remain compliant and updated with regulatory and other developments globally. “I’m very proud of our team at Crypto Asset Ratings, and we hope this relationship will build on the tremendous work the Chamber has done to ensure that the digital asset ecosystem is safe and reliable,” said Attarde.

Media Contact
Company Name: Crypto Asset Rating Inc.
Contact Person: Navjot Randhawa
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Country: United States