YouNow said in its filing that it will not raise funds or sell the tokens at the public offering.
Category: STO News
Ripple Buys Adoption As No One Uses Its “Pointless” Token XRP: Alistair Milne On MoneyGram Partnership
The purchase of newly-issued shares of MoneyGram by Ripple is a significant premium on the share’s recent market price, that languished around $1.50. Additionally, Ripple will not receive a seat on MoneyGram’s board immediately, reportedly it will rather have observer status. With this deal, San Francisco-based Ripple is making a case for its product called […]
Banking Giant HSBC to Capitalize on Identitii’s Tokenization Technology for HSBC DART
Blochain technology has increasingly been finding application in the banking industry. In the most recent example of this trend, HSBC is launching a new tool name DART. Digital Accounts Receivable Tool (DART) uses digital ledger’s capabilities for parties to share information privately and transparently. It is doing so using Identitii tokenization. The bank has already […]
Developing Swiss Bank Mt Pelerin Launches Security Token Offering Service After its Own Successful STO
As of June 18th 2019, Mt Pelerin— a forthcoming bank which leverages blockchain technology based in Geneva, Switzerland— has announced the launch of a securities tokenization service. The announcement comes after Mt Pelerin conducted its own Security Token Offering (STO) in late 2018. Mt Pelerin’s Security Token Offering Service Explained Mt Pelerin is in the […]
These Are Four Fiat Currencies Have a Value Under 1 Satoshi, Bitcoin’s Smallest Unit of Value
The price of Bitcoin just keeps growing as many economies in the world are in pure turmoil. This has made the price of the tokens increase (at the time of this report, Bitcoin was being traded with the price of over $9,000 USD, the highest in the year until now) while fiat currencies are still […]
Securitize Partners with Japan Security Token Association to Strengthen Asian Market Presence
As of June 18th 2019, Securitize has partnered with the Japan Security Token Association (JSTA) to strengthen its presence in the Asian Market. Securitize and the DS Protocol have already made a notable impact in the US digital securities market, which they now seemingly intend to bring to the region of Asia. Securitize and the […]
What Kik’s Kin Can Tell Us About Facebook’s Libra
While Kik hasn’t achieved anywhere near the user count Facebook has, how the messaging service’s base users reacted to and used the Kin token might give us some insight into what Facebook can expect with its Libra cryptocurrency.
Polymath Partners with Blockpass to Streamline Identity Verification of Security Token Investors
As of mid-June 2019, Polymath has teamed-up with Blockpass to provide its users with a digital identification verification solution. The tool will be used by security token issuers utilizing the Polymath platform to verify and onboard investors in a compliant manner. The Polymath and Blockpass Partnership for Investor Verification Explained Polymath is a platform designed […]
Boston Security Token Exchange (BTSX) Seeks SEC Rule Change
Development of the highly anticipated Boston Security Token Exchange (BSTX) continues as one of the partners behind this innovative concept, Box Exchange, filed for a rule change from the SEC this month. The 400-page filing seeks a change that allows BTSX to offer tokenized equities in the form of security tokens. If successful, BTSX would […]
Four Security Token Predictions for 2020
Recently, Matt Dibb of STORating.com wrote about his four ‘outrageous’ predictions for the security token space for 2020. Here’s a recap of his thoughts and whether or not they’re feasible. The security token market is expected to grow significantly in 2020, but what can we expect? Here are four bold predictions by Matt Dibb of STORating.com. […]
