The New York City-based commercial real estate firm, Red Swan just raised the ante in the race to integrate tokenization into the market. This week, the firm announced a new partnership with the popular tokenization platform, Polymath. The partnership allowed the firm to tokenize $2.2 billion in properties across the US. The news demonstrates further […]
Category: STO News
LuxTag Completes Malaysia’s First Equity Crowdfunding That Accepts BTC and XEM
This week, the anti-counterfeit platform, LuxTag successfully completed the first Malaysian equity crowdfunding campaign that accepts BTC and XEM . As such, this news marks an important milestone for LuxTag and the entire Malaysian blockchain sector. Additionally, it shows increased confidence from the country’s regulators towards blockchain technology. According to company documentation, the firm secured […]
Dutch Shareholder Registry to Undergo Tokenization through Firm24, Dusk, LTO, Collaboration
SME Tokenization A new collaboration, with the potential to bring great exposure to blockchain based tokenization, has just been announced. This collaboration sees a trio of Dutch companies working together – Firm24, LTO Network, and Dusk Network. The trio note that Firm24 will see their registry of SME shareholders undergo tokenization, and, in the process, […]
Red Swan Leverages Polymath to Tokenize $2.2 Billion in Commercial Real Estate
Announced earlier this week, Red Swan has partnered with Polymath to tokenize over $2 billion worth of real estate. $780 million worth of property will be available in a pre-sale, while another $4 billion in real estate is said to be awaiting tokenization. Red Swan and Polymath Bring Security Tokens to Commercial Real Estate Real […]
The MFSA Feedback Statement
This week, EU financial regulators released the (Malta Financial Services Authority) MFSA market feedback statement regarding key points concerning STO adoption within the sector. Specifically, the report focused on the impact of the current legal framework regarding security token adoption. This news demonstrates a desire by EU regulators to facilitate growth within the tokenization sector. […]
The Latvian Prospectus Exception Amendment
In a move that aligns with Latvian pro-investment and digital innovation sentiments, lawmakers have amended the country’s securities law (FITL), which could potentially benefit the STO industry at large. The adjustments made through the Latvian prospectus exception make it much easier for small and medium companies (SMEs) to raise capital via a prospectus exempt public […]
Stellar Invests in DSTOQ in Bid to Bring Security Tokens to Emerging Markets
Invested It was recently announced that DSTOQ has received a hearty investment from the Stellar Development Foundation (SDF). This marks the inaugural investment through the SDF’s ‘enterprise fund’ – a fund built to identify, and foster growth, in Stellar based use-cases. The fund was initially comprised of 10 billion XLM (Stellar’s native token), prior to […]
Is Legislation Stifling Security Token Development in Malta?
On February 25th, 2020, the Malta Financial Services Authority (MFSA) released feedback it had gathered from Maltese security token industry participants. Ultimately, many believe regulation is holding back security token innovation — not at the national level, but at the level of the European Union. The MFSA’s Feedback on Security Tokens Explained Yesterday, the MFSA […]
ConsenSys Health To Spin-Off; Will Focus On Ethereum Based Healthcare Solutions
ConsenSys’s Health division to be headed by blockchain healthcare veteran – Heather Leigh Flannery. Codefi, Infura, and PegaSys to help empower Ethereum healthcare based solutions The Ethereum-focused firm founded by Joseph Lubin, ConsenSys, announced yesterday that it will branch off its health division, dubbed ConsenSys Health. The new independent division will focus on creating solutions […]
Coinbase Wallet Adds Support For Usernames And Ethereum Name Service Addresses
Coinbase announced the launch of a support service that will allow its users to send crypto funds to wallet usernames as opposed to complex addresses. This comes shortly after the crypto exchange was given a go-ahead with Visa to create their own cards to be used in different points of sale across the world. According […]
