They are also seeking the SEC’s permission for securities token offering.
Category: STO News
Coinbase is “Carefully Exploring” Security Token Offerings
Kayvon Pirestani is head of Coinbase’s institutional sales in Asia. During a panel discussion focused on the evolution of cryptocurrency capital formation on September 11th 2019, Pirestani revealed that Coinbase is currently exploring both Security Token Offerings (STOs) and Initial Exchange Offerings (IEOs). Will Coinbase Enter the Security Token Space? Coinbase is a popular cryptocurrency […]
SEC Chairman: Bitcoin ETFs Are ‘Making Progress’
In a recent CNBC interview, the SEC Chair Jay Clayton seemed to indicate that a Bitcoin ETF may soon be approved. There has, apparently, been significant progress. The Bitcoin ETF has long been the fixation of the cryptocurrency industry for years. For a long time, it felt like it would never happen, though. After postponement […]
Authorities Weigh in on Facebook and their Stablecoin, Libra
Multiple Developments In the past few days, there have been multiple developments pertaining to the anticipated Libra token – a to-be-released stablecoin by Facebook subsidiary, Calibra. These developments surround, not only the actions of Calibra themselves, but how the token will be received in a variety of nations. As suspected by many, not everyone intends […]
Blockstack Closes Token Offering with $23 Million Raised
Mission Complete Blockstack, a young company building a decentralized internet, has just announced the successful closure of their ongoing token offering. This event saw the company raise roughly $23 million, through the sale of utility tokens dubbed ‘Stacks’. These utility tokens are unique, as they are the first of their kind to gain the approval […]
TokenSoft Releases Tool for Transfer Agents in Crypto-Securities
Security token platform TokenSoft is releasing a tool which could prove fundamental to the security token industry. It is an administrative panel which allows transfer agents to easily build software for companies to manage STOs for their issuers. Issuing security tokens is only getting easier with TokenSoft’s new release. The security token platform has unveiled […]
Smartlands Eyes Continued Expansion with Equity Sale
Equity Sale In an effort to aid in their global expansion, London based issuance platform, Smartlands, has just announced an upcoming equity sale. This announcement, coming hot on the heels of their ‘Disruptive Fund’, is one that, if successful, will help the company ensure that their goal of tokenising $1B in assets by 2023 comes […]
Tokenized Gold Finds Support through SALT and NEXO upon Launch
Tokenized Gold aka ‘Pax Gold’ This past week brought the launch of PAX Gold. This new offering functions as a stable coin, backed by physical gold. The product was created, and launched, by PAXOS – a popular creator of various stablecoins, gaining adoption within the world of blockchain. Most industry participants believe that valuable assets […]
Coinbase Looking Forward to Launching an Initial Exchange Offering Platform
Coinbase a cryptocurrency exchange based in the US at San Fransisco has considered launching an introductory exchange token. The head of institutional sales at Coinbase in Asia announced this news in the month of September 11. Kayvon Pirestani said that this is a very interesting investment to be introduced by Coinbase. He was speaking on […]
Blockstack’s SEC-Regulated Crypto Token Offering Successfully Raises $23 Million
Blockstack, the first SEC-regulated token offering, successfully raises $23 million in two stages – the SEC regulated and the international offering including Asia’s strategic rounds. The first US Securities exchange commission (SEC) regulated token offering, Blockstack, completed yesterday successfully raising $23 million USD in the process. The official announcement by the CEO and co-founder of […]
