Just a few weeks after launching their ‘LegalZoom for crypto companies,’ Tokensoft Foundation has partnered with two major Stacks contributors: Stacks Foundation and Bitcoin Frontier Fund. Together, they’re crafting an edition of Tokensoft’s unique offering tailored to the needs of founders building on Bitcoin.
Access to Tokensoft’s resources will help builders reduce risk while accelerating fundraising opportunities and Token Generation Events. The protocols and tooling for building on Bitcoin continue to improve, with Stacks’ own Nakamoto upgrade currently rolling out to bring fast blocks and 100% Bitcoin finality to the layer.
Tokensoft has successfully launched over 150 projects, and in the process, established a top-tier network of trusted experts and specialists that ensure the project is set up compliantly and in line with the needs of the founders. The entire process is managed for the company by Tokensoft’s experienced team, enabling the often technical founders to remain focused on other critical aspects of their business.
“After ten years, we’re excited to finally see some regulatory certainty when it comes to token issuers. Tokensoft Foundation helps streamline the entity setup process by connecting issuers with the network of trusted professionals and providing the structure they need to successfully and expediently launch a token.” Mason Borda, CEO, Tokensoft.
In terms of the partnership with the Stacks Foundation, upcoming cohorts of the Bitcoin Frontier Fund will feature Tokensoft experts as part of its programming, while becoming the primary recommended provider for corporate structure setup. The Stacks Foundation and Tokensoft will also produce a series of free workshops for founders, allowing them to get familiar with the team and some of the core concepts of the process as they begin building their businesses.