AST Private Company Solutions (AST PCS) has officially launched the Astrella platform to enable private firms to manage capitalization tables and other equity ownership data such as employee stock plan ownership using enterprise blockchain and artificial intelligence.
While there are quite a few blockchain solutions for issuing digital or tokenized stocks, the Astrella platform offers an administration platform for traditional shares in private firms.
AST PCS is a unit of U.S.-based financial services firm AST. The parent company has a long history of acting as an administrator including as share registrar, offering proxy services and the like. This is its foray into the private company sector.
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