On Wednesday 23rd February 2022 we held our first Globacap webinar with industry experts delving into alternative routes to liquidity. Whilst 2021 brought a record…
Published on: February 25, 2020
Customer Story: CoinShares x Globacap
Our valued customer CoinShares is a digital asset management firm providing financial products and services for professional investors. Company Secretary Jeri-Lea Brown shares her experience with Globacap Cap Table Management.
Can you please explain how you managed your cap table before Globacap?
Prior to onboarding, all of our registers and share transaction history was maintained manually in Excel. Whilst this works fine for producing current registers, it was a painful process to produce historical registers for the sake of financial statements and so on.
In addition to having to manually maintain the share register, all investor communications were also prepared by email and sent using a distribution group which needed to be manually updated each time there was a change in shareholder.
What problem(s) were you trying to solve by working with us?
We wanted to reduce the amount of human processing required in respect of the registers and investor communications, not only to avoid human error but also to save time. As our share structure becomes more complex, the platform will also help to ensure that any changes can be made efficiently.
Would you recommend our Cap Table Management to others?
If your cap table includes external parties, having a platform like Globacap’s will not only save you time in the long run but will help to ensure that all your shareholder communications are consistent and professional. For those with complex share structures, the platform allows you to manage your share registers in the most efficient way possible, so that you have more time to focus on your business.