New blockchain savings platform to launch in SA

Stackr is a complete long-term savings solution that enables investors to hold a diversified portfolio of both capital and digital assets, using a personalised trust structure.

The NONA team will be in charge of primary technological developments, including the building of interfaces for the Stackr offering.

Clients will benefit from an affordable, personalised international trust account, which allows for the nomination of beneficiaries and facilitates smooth, tax-efficient, intergenerational transfers. Consolidated administration and third-party custody ensure that assets are kept safe, while a web portal ensures user accessibility.

Mike Scott, NONA CEO, says, “We were attracted to this project by the Stackr team’s proven experience in the traditional investment space and their appetite and belief in blockchain-based hybrid solutions.”

The Stackr project is primarily tech-focused and the company looked to partner with a company, such as NONA, that understands the market and can adapt to the fast-paced environment of a startup like Stackr.

Piers Fox, Stackr’s Head of Marketing, explains, “Saving has long been the cornerstone of wealth generation but saving solutions need to evolve along with technological innovation. The platform removes traditional frictions that adversely impact savings solutions, while pioneering investment options, driven by machine learning, within a secure trust structure.

“We utilise the latest research and technology, and a company like NONA is the perfect partner for rolling out these services, given its focus on blockchain-based projects,” says Fox.