The non-profit spent 80 million XEM tokens for marketing in the past year.
Category: STO News

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 […]

PO8 Company out of Bahamas to Use Blockchain to Look for Lost Artifacts in the Ocean
Does the idea of looking for forgotten riches under the ocean excite you? It surely did for the folks at the Bahamian tech company PO8. The Caribbean company has developed a blockchain project that is quite creative and different from most of the other uses we often see. PO8 is using the blockchain in order […]

IOTA Recovers All Stolen Funds From 2018’s $11 Million Hack
Last week, a UK national was arrested under suspicion of stealing €10 million ($11.34 million) in IOTA tokens.

Security Token Leader Polymath Locks Up 75 Million of Its Tokens
Polymath, a startup focused on the tokenized security industry, has just announced that they will be locking up around $9 million worth of its tokens for the next five years. This means that up to 75 million of its POLY tokens, which is 7.5% of the total supply, will be unavailable to issuers for the […]

BAC Token ICO: Blockchain Business Application Chain Project?
What Is Business Application Chain (BAC)? The Business Application Chain (BAC) is an open-source blockchain platform that was designed to facilitate decentralized application and smart contract development that any organization can efficiently achieve. The platform allows optimized access to a secure and faster blockchain that enables businesses around the world to engage in the blockchain transformation. […]

Nasdaq Enters Crypto Market Through Security Tokens, Leads $20 Million Funding in Symbiont
As of late January 2019, Symbiont has announced a successful funding round totaling $20 million— and led by Nasdaq. Separately, Symbiont and Nasdaq have partnered to bring compliant security tokens to the United States, which highlights just one way Nasdaq is quickly entering the realm of blockchain-based assets. Nasdaq’s Involvement with Symbiont Explained The past […]