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Authorised CIS - This is a fund set up in the UK that is available for investment. Recognised CIS - This is a fund set up in another country that can be marketed to investors in the UK and is available for investment. The fund acts as an investment vehicle powered by Thaler tokens, blockchain-secured and backed by real estate assets, predominantly located in the European Union and the UK.
The fund will open its first pre-sale of Thaler tokens in early April of 2018. Will Andrich, the funds Co-founder and CEO, a professional investment banker, has held leadership positions at Morgan Stanley, LCF Rothschild and Astor Capital.