CEDEX is a blockchain-based trading platform. As of March 28th 2019, they have secured more than $50 million worth of diamonds, and plan to incorporate blockchain technology with machine learning to turn diamonds into a tradable asset class. The CEDEX Diamond Exchange-Traded Fund (ETF) Explained CEDEX will soon be launching a diamond exchange-traded fund (ETF). […]
Category: STO News
BTC 2019 Welcomes KoreConEx’s Jofre to Digital Assets Panel
Jofre joins dozens of distinguished speakers discussing the latest trends in asset tokenization.
Hong Kong Securities Regulator Issues Detailed Guidance, Security Tokens Subject to Existing Securities Laws
In a statement dated March 28th 2019, Hong Kong’s securities regulator— the Securities and Futures Commission (SFC)— has provided official guidance on security token offerings (STOs). Three key points were outlined for security token issuers and intermediaries, which ultimately highlighted how security tokens are subject to the existing securities laws in Hong Kong. Hong Kong’s […]
Nugget’s News Partners with Konkrete to Launch the First STO Issuing Platform in Australia
It has just been announced that educational platform Nugget’s News will be partnering with token issuer Koncrete to create the first platform for STOs in Australia. Australia has been awfully quiet in the security token industry. Although the country has been the site of multiple experiments relating to blockchain, including by the World Bank, and […]
Spanish Securities Regulator: Not a Single ICO Has Been Approved
In a statement dated March 26th 2019, Spain’s Comision Nacional Del Mercado de Valores (National Securities Market Commission or CNMV) clarified that not a single Initial Coin Offering (ICO) has been approved within its jurisdiction. Spain’s Regulatory Stance on ICOs Explained The CNMV writes in its release that recent media publications in Spain obliged the […]
Securitize, Others Join Hyperledger Blockchain Project
As of March 28th 2019, Securitize— along with eight other organizations— has joined the Hyperledger blockchain consortium. Hyperledger recently announced that it would be including additional Special Interest Groups (SIGs) to develop solutions for domain-specific problems. Securitize Joins Hyperledger – Explained Securitize is a San Francisco-based security token issuance platform which has raised more than $12 […]
Russian Billionaire to Create Palladium-Backed Stablecoin
Vladimir Potanin, one of the richest men in Russia, is apparently mulling over releasing his own cryptocurrency backed by palladium. The stablecoin will be traded on a platform developed by Nornickel, one of the leading producers of palladium. It’s no secret that stablecoins have been hot recently. Although it’s still unclear about their relation to […]
Blockchain Services Firm AlphaPoint Will Now Have Security Token Offerings
AlphaPoint will be upgrading its digital infrastructure to support security tokens and their offerings. The news was revealed in an exclusive interview yesterday. AlphaPoint, a digital asset service provider, is updating its security token solution. The company has largely been involved in providing services to private equity, real estate, funds, and other institutional investors. Now […]
GOOD Things: Charitable Giving In A Digital World
Commit Good thinks tokens will offer transparency for donors and support project viability. It’s starting with a housing project in Botswana.
UMA Leverages Dai Stablecoin For Access To US Stock Market
UMA aims to give those outside the US access to the country’s major stock exchanges through an ERC20 token.
