What is Enlyte?
Enlyte is a FinTech company founded in 2020. It offers an end-to end investment platform with all the functionalities that institutional investors, fund promoters and asset managers need to facilitate the order, trading, execution, and custody of digital assets.
Enlyte is a modular investment platform based on distributed ledger technology. As an independent platform, Enlyte is a pioneer in the industry by transferring the full investment process into the digital world. This means that Enlyte offers a holistic digital concept instead of only covering isolated parts of the value chain.
Enlyte provides a comprehensive white-label offering, and it is covering for the first time the main phases of the investment process fully digitally on a single platform – from client onboarding and the issuance of digital assets, administration and reporting. Asset managers, fund promoters and institutional investors can use the platform to issue, manage and distribute digital assets in a regulatory compliant environment.
Where is Enlyte based and when was it established?
Enlyte was established in 2020 and it is based in Frankfurt am Main, Germany.
What is a White-label solution?
The Enlyte Platform is a white-label Software as a Service (SaaS) solution. This means that our clients will receive a fully customised platform with this it own branding and Logo. Enlyte will provide the underlying technical infrastructure and know-how. Through the seamless integration of our white-label custody API, our clients can keep their customers’ digital assets safe, while maintaining full control over their branding.
What is an STO?
A Security Token Offering, also known as STO, is a fungible and negotiable instrument backed up by an underlying asset, e.g., commodities, real estate, etc. The security token represents the investment in the underlying asset recorded on the Blockchain.
What is Crypto Custody?
Crypto custody services are the safeguarding and storage of private keys that give access to digital assets. Enlyte offers these services to custodians, institutional investors, issuers, asset managers, etc., to store, safeguard, and transfer digital assets while making them secure, scalable, and usable.
What does it mean to invest up to 20% in crypto assets?
Enlyte offers its clients the option of investing up to 20% of the entire fund volume in crypto assets in traditional §284 funds. The law backing up these investments is the Fondsstandortgesetz (FoStoG) issued by the German Regulatory Authorities in the Summer of 2021.
What is the tokenization of fund shares?
The tokenization of a share or a unit in a fund, is the digital representation of such fund in the Blockchain to be traded and recorded in the Blockchain. Enlyte helps companies with the tokenization of fund shares in a simple, secure and efficient way by using the Enlyte platform. The law backing up the tokenization of fund shares is the Electronic Securities Act (eWpG) issued by the German Regulatory Authorities in the Summer of 2021.
What is a digital fund?
A digital fund wrapper with native digital underlying assets created, recorded, and traded on the Blockchain. Enlyte will also enable the issuance of native digital funds as soon as the regulatory framework allows it.
Why do we need the KYC process?
Know Your Customer (KYC) is a mandatory process that banks, financial institutions, and other companies have implemented to identify money laundering, terrorism financing and illicit activities.
The Enlyte’s KYC/AML process is in line with the European Fifth Anti-Money Laundering Directive and complies with all GDPR requirements.
Where is the users’ information stored?
The information that we collect from all those who register on the Enlyte platform is stored according to the General Data Protection Regulation (GDPR).
Digital Asset Brokerage
What is Digital Asset Brokerage?
The Brokerage module is a part of the Enlyte platform where clients can buy and sell digital assets in a secure and transparent environment thanks to the use of Blockchain / DLT.
Digital Asset Administration
What is a Stablecoin and what are its benefits?
A Stablecoin is a digital currency backed by an underlying asset (e.g. fiat). They help with fast settlement, transactions and to move funds. The Enlyte token (LYT) is a mirror currency of the Euro to facilitate transactions inside the Enlyte platform.
Client Insights and Intelligence
What technologies does the CI&I module use and what are its benefits?
The Client Insights & Intelligence module leverages on Artificial Intelligence (AI) and Machine Learning (ML) to provide investors recommendations of digital asset products based on their preferences.