Paxos, a famous stablecoin operator, has recently decided to launch its newest asset: PAX Gold (PAXG). This Ethereum-based token is set to be launched soon and it will be the first cryptocurrency to be fully backed by gold. According to the New York State Department of Financial Services (NYDFS), this will also be the first […]
Category: STO News
Paxos Launches the First Regulated Token Backed by Gold
PAX Gold also offers public auditability with each token ownership status is tracked accurately on the Ethereum blockchain.
Prometheum Acquires Tech in Mission to Become First ATS to Clear and Settle Security Tokens
As of September 4th 2019, Prometheum has announced the acquisition of a version of InteliClear’s post-trade solution technology. Prometheum says the new tech will lead to the company becoming the first Alternative Trading System (ATS) to compliantly clear and settle security tokens. Prometheum’s Acquisition of InteliClear Explained Prometheum is a blockchain-based platform which facilitates the […]
Globex Launches Ethereum-Powered Security Token Trading Software
As of September 4th 2019, Globex has announced the launch of its digital asset trading software, Open Order Book. Through the use of Ethereum smart contracts, the new tech is said to bring digital asset buying and selling with instant settlement to smartphone owners globally. The Globex Open Order Book Explained Globex has developed numerous […]
Marshall Islands Launches its Own Cryptocurrency ‘Sovereign (SOV)’
The country has capped the SOV supply at 24 million tokens in order to prevent inflation.
$700B Asset Management Firm Franklin Templeton Trying to Tokenize New Fund on Stellar
According to a preliminary prospectus filed on September 3rd, 2019 with the U.S. Securities and Exchange Commission (SEC), Franklin Templeton plans to tokenize a new fund. The fund will leverage the Stellar blockchain to track its own shares but will not involve any cryptocurrencies. Franklin Templeton to Tokenize a Fund on Stellar Explained Franklin Templeton […]
Bithumb Adds TRX, WIN and BTT Trading Pairs with BTC and USDT Options
Bithumb Global, one of the subsidiaries of the famous Korean crypto exchange, has recently affirmed that three new tokens will start to be traded in the platform: Tron (Tron), BTT (BitTorrent) and WIN (WinToken). According to the company, the announcement was part of something called the Tron Week, a campaign that will add tokens related […]
Crypto Scam PlusToken May Be Much Bigger Than Previously Thought, Values Could At $2.9 Billion
2019 had several scams so far. Unfortunately, despite the fact that, in most aspects, this could be considered a good year, scams are everywhere. One of the main scams was PlusToken. This scam took over $2.9 million from investors using a Ponzi scheme-type of fraud. PlusToken, in case you have not heard about, was a […]
Bastiaan Don, Managing Director of Token Factory – Interview Series
Bastiaan Don is the Founder & Managing Director of both Token Factory and blockimmo. How did you first get involved in the blockchain space? Early 2011 I read about Bitcoin online at a bulletin board with lots of active and interesting members. Pretty soon I was more interested in the underlying technology and started to […]
Bithumb Global Adds TRX, BTT to Its Offerings
The tokens will be listed against BTC and USDT.
