ZenSports is a decentralized peer-to-peer sports betting application headquartered in San Francisco, California. In mid-August 2019, the company announced its dividend payout structure for its security token dubbed ‘SPORT’. ZenSports’ Security Token SPORT Explained Shortly after the launch of its beta product, ZenSports launched a Security Token Offering (STO) in September 2018. The offering was […]
Category: STO News
Report: Barclays Is No Longer Working With Coinbase
According to a new report, Barclays is no longer providing their banking services to Coinbase. In a shocking announcement, it was reported yesterday that banking giant Barclays is no longer working with cryptocurrency exchange Coinbase. Coinbase has apparently found a new banking partner in ClearBank to make up for it, reports read. Coinbase UK users […]
Major Crypto Exchange From South Korea, Coinone, Shares Official Checklist for New Coin Listings
The third-largest crypto exchange of South Korea, Coinone, has decided to create a set of criteria for the company that wants to let people trade their tokens on the platform. This decision was announced soon after the exchange made a partnership with CertiK, a local company that will now be responsible for security validation in […]
SIX Digital Exchange (SDX) CEO to Step Down from Role
Different Paths In a surprising bit of news, SIX digital exchange (SDX) has announced that their CEO will be vacating his role. Martin Halblaub has held this position for under a year, with his current contractual obligations finishing at the end of August. It was announced by mother-company, SIX, that this decision was made, as […]
‘Operation Cryptosweep’ Expands to Include Maryland
Maryland Attorney General Brian E. Frosh announced in a press release recently that his Securities Division will also be participating in “Operation Cryptosweep.” The crackdown was responsible for a few cease-and-desist letters in New Jersey recently. The crackdown on securities-related fraud in the cryptocurrency world is growing. Maryland’s Attorney General is now joining in with […]
Mortgage Company ‘Figure’ Is a Unicorn in the Blockchain World
Blockchain-based fintech company Figure is rumored to be raising some $100M. The company offers real-estate loans and boasts a strong collection of industry leaders. You may not have heard of Figure, but the company has been working behind the scenes—and scoring some big funding in the meantime. To date, the company has raised some $130M […]
Republic Partners with Althea to Launch Security Token Airdrop
Investment platform Republic and Athea will be holding the first-ever compliant security token airdrop for its users. Both U.S. investors and others can participate. Companies have long sought to reward their most loyal users. Republic, and investment platform, is now trying to make that happen. Teaming up with Athena, which specializes in decentralized internet infrastructure, […]
Koscom to Create a Blockchain Solution for Unlisted Securities
Financial IT company Koscom, majority-owned by the Korea Exchange, will be working with five companies to develop a blockchain platform for unlisted securities. Five companies have been onboarded by Koscom to create a blockchain-based platform for unlisted securities. Korea Accelerator Association, KEB Hana Bank, Hana Financial Investment, Techno Park and Amicus Rex will all help […]
ZenSports to Begin Issuing Dividends to ‘SPORT’ Holders
Commence Dividends The team at blockchain based betting platform, ZenSports, has announced the commencement of dividend payouts associated with their distributed ‘SPORT’ security token. These payouts are to be doled out on a quarterly basis, with the first occurring in early October, 2019. ZenSports was one of the first companies to successfully host an STO, […]
Althea to Air Drop Private Securities with Help from Republic Crypto
Partnering Together Republic Crypto has recently announced that they are facilitating an air drop, on behalf of Althea. This development will see private securities distributed, which allow for holders to redeem these ‘investments’ for ALGT tokens. Tokens which provide holders with various benefits within the Althea platform. For those interested in taking part in this […]