Bitcoin is the oldest and original cryptocurrency of the industry, but it now has a significant role on the Ethereum blockchain as well. Though there are plenty of stablecoins attached to the United States Dollar, and there are other countries establishing them as well with their local currencies, Ethereum has something completely different. Now, Wrapped […]
Category: STO News
NEM Foundation Plans Layoffs Impacting Entire Staff as Budget Cuts and Restructuring Take Over
The NEM Foundation is primarily known for their work on the NEM blockchain, functioning as a nonprofit organization that is supported by their online community. However, it seems that their funding is not enough to keep the company going in its current state, leading to massive layoffs and budget cuts. Reports suggest these widespread efforts […]
A Look at Europe’s Security Token Legislation
Europe continues to see more counties taking a pro-crypto stance. Countries such as the UK, Switzerland, and Malta, have already made huge strides towards furthering their respective positions in the market. While there are many contributing factors behind these moves, the introduction of security tokens has played a huge roll in these countries decision. Security […]
TokenSoft Launches Beta Wallet for First-Ever Security Token Custodial Service
TokenSoft has just announced the beta release of their own custody service for security token holders. The custodial service is the first of its kind for legally-compliant security tokens and will be available on mobile devices. TokenSoft has been a company heavily involved in pushing forward legally-compliant token sales. Recently acquiring a majority stake in […]
South Korea Welcomes KRW-Based Stablecoin KRWb
South Korean company BxB Inc. has announced the launch of KRWb, the world’s first 1:1 Korean won-backed stablecoin aimed at providing greater liquidity to cryptocurrency exchanges and global accessibility of value transfers into and out of South Korea. KRWb is a token issued against a safe deposit denominated in Korean won. KRWb tokens can be […]
NEM Foundation Plans Layoffs Amid Financial Crunch
The non-profit spent 80 million XEM tokens for marketing in the past year.
Blockchain and the Future of PayPal: How Digital Payments and Money Transfers Will Look
Blockchain and the Future of PayPal The instant gratification of today’s modern world fits perfectly with blockchain’s new style of instant paying. But what about PayPal? It has been the dominant way of making digital payments for the better part of two decades. With this hegemony in mind, is there room in this new modern […]
South Korea’s Largest Crypto Exchange, Upbit, is Set to Enter Indonesian Market with an Airdrop
Upbit does not seem to be caring a lot about the cryptocurrency bear market, because the company is set to be the protagonist of a big expansion. The largest exchange in South Korea is now aiming to reach the same status in the Indonesian market now, as the company is planning a launch in the […]
Asian Security Token Scene Strengthens with Coinstreet Partners, STO Global-X and Securitize Joint Venture
The Coinstreet Partners company, which is the token security plus cryptocurrency investment firm has gone ahead to partner with the STO Global-X, which is a security token exchange platform, together with the digital securities platform that is blockchain based the Securitize. They have all entered into a strategic partnership that will be able to bring […]
Tokenized Real Estate Firm RealBlocks Raises $3.1M from Morgan Creek Digital
The international digital assets manager Morgan Creek Digital has just announced a major investment into the blockchain-based real estate startup RealBlocks. They are backing a $3.1M seed round into the new company. Real estate has always been seen as the market sector most likely to be first revolutionized by tokenized securities. Although big-name purchases of […]
