This week on The Encrypted Economy, my guest is Scott Purcell, the Founder, and CEO of Prime Trust. Despite the industry-shaping disruption that Prime Trust has brought to financial infrastructure, don’t be fooled into thinking that this episode is just about the company and its accomplishments. Scott’s resume is unmatched in his prior experience and current efforts, and this episode is truly about him. From founding one of the very first private internet service providers to turning finance on its head, Scott is not a guest you will want to miss. In addition to Prime Trust, we discuss Scott’s plans for his neo-app Banq, the regulation around capital formation and custody services, and so much more. As an added bonus, this is the first video episode of The Encrypted Economy, so if you are a regular audio listener be sure to head over to YouTube and check us out! For more great interviews, subscribe to The Encrypted Economy wherever you get your podcasts so that you never miss another. 

Topics Covered 

• Scott’s Background  
• Tokenizing Securities
• ATS’s & The SEC Response to Tokenization
• The Exciting Potential of Banq
• Navigating the Charter Process 
• Concerns vs Optimism in Regulation

Resource List 

• Scott’s LinkedIn 
• Prime Trust’s Website 
• Banq.com 
• FundAmerica Website 
• Scott’s Blog - Why Tokenize Securities? 
• SEC Regulation R 
• SEC Rule 15c3-3 
• SEC Rule 15c3-1 
• StartEngine ATS Approval 
• tZERO ATS 
• SEC Accredited Investor Amendments 
• SEC Regulation A 
• The JOBS Act 
• Regulation W