Stepping into Q3 2019 with exciting partnership news on both the DarcMatter and Konstellation front! The team at Konstellation, the blockchain division of global award winning fintech platform DarcMatter, has announced a partnership with Rocket Dollar, a financial services firm developing custody solutions for digital assets. Rocket Dollar’s traditional/core business, specializes in self-directed investments, by offering clients customized 401k and IRA diversification capabilities/opportunities/options. Based in Austin, Texas, the firm is responsible for opening self-directed accounts for customers in 40+ states and rolling over IRAs and 401(k)s from over 35+ different providers making it an attractive partner for DarcMatter’s platform business and Konstellation’s blockchain initiatives/development.
The partnership was forged when both companies recognized the value of identifying financial services firms that understand and embrace, the intersection of traditional financial services and that of the new age digital asset infrastructure, being created via blockchain development. “Finding a partner that holistically understands the motivation and foundation that traditional financial services were built upon, coupled with that of new-age fintech application of blockchain and the creation of a digital assets infrastructure, is truly difficult to identify. Luckily, we were able to connect with the Rocket Dollar team, who also embraces our vision of the future of digital assets” noted Sang Lee, CEO of DarcMatter and it’s blockchain division, Konstellation.
As the partnership continues to develop, both partners core focus is on providing clients with a streamlined approach to investing via fintech solutions each can provide. Rocket Dollar’s focus on self-directed 401ks and IRAs provides an opportunity to tap into a new class of retail investors interested in managing their own investment decisions, and potentially investing into the Alternative Investment opportunities DM’s platform provides. As Konstellation develops blockchain-based custody solutions, partnerships like this one with Rocket Dollar, will also streamline the digital asset investment process, in addition to other traditional investments. Rocket Dollar is leading the way with innovative solutions for their clients for custody including digital assets and exploring methods of including blockchain into their systems through Konstellation.
Rich people and institutions have been making alternative investments as a hedge for decades. It’s time for individual investors to consider doing the same and embrace the concept of 21st-century diversification, whether they do so with taxable monies set aside for such purposes or potentially using their retirement funds
DarcMatter and Konstellation are thrilled to partner with Rocket Dollar and look forward to creating customized solutions for clients in both digital assets and traditional alternative investments.
DarcMatter is a global award winning FinTech platform for alternative investments, created to increase transparency and access within the alternatives industry. Established in 2014, DM’s platform connects Fund Managers (GPs) actively raising capital with Investors (LPs) globally, to seamlessly connect, access fund documentation, and invest in a curated set of Hedge Funds, Private Equity, and Venture Capital funds efficiently online. Additionally, DarcMatter is leveraging blockchain technology to continue to accelerate further efficiencies in the asset management marketplace, through the company’s blockchain development division, Konstellation. DarcMatter is the winner of the “Retail Investment Innovation Award” in the 2018 FinTech Breakthrough Awards program and a 2018 Stevie’s Award for “Company of the Year in Banking and Financial Services.” Headquartered in New York City, DM also has offices in Shanghai, Hong Kong, and Seoul, South Korea.
KONSTELLATION is the blockchain development division of DarcMatter, focused on development and implementation of blockchain technology for the global financial services industry. Konstellation’s core services include, “Blockchain Consulting & Education,” “Blockchain Technology Development,” and the “Konstellation Network.” Our mission is to remove opacity and inefficiencies from the global alternative investment industry via blockchain solutions. The Konstellation Network will continue to attract leading global financial firms and industry leaders as node operators, service providers, and users.
About Rocket Dollar:
“21st Century Diversification at Your Fingertips.” Founded in 2018 in Austin, Texas, Rocket Dollar makes it easy for individuals to unlock their retirement savings. No longer restricted to making traditional investments, such as mutual funds, this capital can be used to fund a startup, to make a small business loan, for peer-to-peer lending, to buy real estate, and to invest in cryptocurrency. Rocket Dollar account holders have the power to invest in any asset class allowed by the IRS. Invest securely and easily in Real Estate, Precious Metals, and more. Open a Self-Directed Solo 401(k) or Self-Directed IRA with Rocket Dollar and put your money to work.