Not every STO needs to revolve around a billion dollar tokenization. One of the draws towards the digital securities sector is the ability to open capital generation opportunities for companies of all sizes. A young start-up has recognized the potential benefits they stand to experience by turning to this new way of raising capital. The […]
Category: STO News
Tezos Foundation Sold Over 8,000 BTC ($50M) In 2019; Reinvested in XTZ and Other Assets
The latest biannual report by Tezos Foundation, reveals the company sold over 8,000 BTC over the course of 2019. According to the report, the Foundation held assets worth $635 million as of January 31, 2020, a small drop from $652 million held in July 2019. Bitcoin (BTC) still represents the largest share of assets held […]
Lessons from History: Finding the Stock Market Bottom During Coronavirus
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. With coronavirus affecting the stock market and blood running in the proverbial financial streets, those who haven’t lost it all would be wise to wonder whether things have hit rock bottom. After […]
2+ Year Saga Involving Tezos ICO Approaches Denouement
Settlement After standing their ground for multiple years, attempting to thwart of various lawsuits, the Tezos Foundation has just announced their decision to settle with all parties. The suit, which represents a joint effort on behalf of various parties, sees Tezos potentially on the hook for up to $25 million. While this decision has been […]
SEC Files Early Judgement in Kik Trial
This week, the United States Securities and Exchange Commission (SEC) continued its battle against the messaging platform Kik. Now, SEC regulators seek an early summary judgment against the firm. The news could signal more trouble for Kik executives as the firm continues to undergo economic woes due to the ongoing trial. According to SEC documentation, […]
Citi Increases Its Equity In Ethereum-based Platform Komgo Specializing In Trade Finance
Citi bank, a founder & investor at Komgo has reportedly increased its stake ownership of the project. The bank is on course with integrating Komgo’s Blockchain Solution with its own trade processing systems. The current scope of the project set to expand in the foreseeable future to include inventory financing and auto-matching of electronic documents. […]
Central Bank Survey: 80% of Australians Are Aware of Crypto But Only 1% Are Actually Using
The Reserve Bank of Australia (RBA) states that Less than 1% of people in Australia have paid for goods using cryptocurrency, according to a study conducted yesterday. The findings were revealed in the triennial Consumer Payments Survey (CPS) released by the RBA. They came from around 1,100 respondents and shown that while consumers in the […]
Blockpulse – Lemonway Receive Registration from ACPR Banque de France
This week, the French tokenization startup Blockpulse received registration from the ACPR Bank of France. The regulatory approval allows Blockpulse to move forward with its tokenization platform. Importantly, the registration makes Blockpulse the first STO platform to achieve registration from French financial regulators. Now, French investors have access to all the benefits provided by tokenized […]
Cred Teams Up With NBA Star Spencer Dinwiddie To Offer 10% Interest On Crypto Loans
Crypto lending and borrowing firm, Cred, has signed an agreement with NBA Brooklyn Nets basketball star and tech entrepreneur Spencer Dinwiddie to enhance crypto lending. Cred rolled out a new post on their website to encourage Dinwiddie’s fans to start using their current holdings to earn interest. We are beyond excited to welcome our newest […]
Paxos Products See Uptick in Adoption
Growing in Popularity The world of blockchain has seen its fair share of stablecoins come and go. However, with recent levels of adoption, it would seem as though Paxos has managed to establish themselves as a mainstay. They have done this through offering a variety of products. This includes not only their stablecoins, but through […]
