Benjamin Tsai is the President & Managing Partner of Wave Financial. Wave Financial offers early-stage investment, asset management, and treasury management to further the growth of the crypto and digital asset ecosystem What was it that initially attracted to becoming the President and Managing partner of Wave Financial, an early stage venture fund focused on […]
Tag: STO
FINMA Releases Annual Report – List Security Tokens and DLT
This week, the Swiss Financial Market Supervisory Authority (FINMA) published its annual report for 2019. Interestingly, the report highlights developments surrounding security token offerings (STO) and distributed ledger technology (DLT). The news falls in line with efforts by Swiss regulators to further develop the country’s blockchain sector. Challenging Questions Discussing the results of the report, […]
The Central Bank of France is Now Testing a Digital Euro
On March 27th 2020, the Central Bank of France announced plans to test a digital Euro. The experiment aims to test a digital version of the Euro in the area of interbank clearing and settlement — and its impact on monetary policy. Central Bank of France Testing a CBDC Explained Central Bank Digital Currencies (CBDCs) […]
A Month in Review – March 2020
March has, unfortunately, been a dark month for the world. Nary an industry remains, that has not felt the effects of COVID-19. Despite this, there were select events over the past few weeks that brought positivity, as the world of digital securities and blockchain marches forward. This edition of ‘The Digital’ highlights a few of […]
Draper Goren Holm Adds Rodney Sampson as Venture Partner
The Los Angeles-based venture firm, Draper Goren Holm announced the addition of well-known Philanthropist Rodney Sampson this week. According to reports, Sampson is now a venture partner in the firm. As such, he will play a key role in identifying projects of interest to the group moving forward. The news showcases the further expansion of […]
Balancer Goes Live On Ethereum; Launching Token Exchange and Portfolio Manager DApps
Balancer, a Decentralized Finance (DeFi) Application, is set to go live on Ethereum’s mainnet after launching out of their closed beta version on March 31. This non-custodial portfolio Balancer has since announced the launch of a pool manager and token exchange in line with the latest advancements. The initiative comes at a time when crypto […]
TokenSoft Launches Major Wallet Upgrade
This week, the SEC-regulated security token issuance platform, TokenSoft introduced a major upgrade. The new functionality comes in the form of a self-managed wallet for traders. The revamped system promises to be an easy-to-use interface coupled with advanced safety measures. Notably, the upgrade falls in line with TokenSoft’s recent expansions in the market. Importantly, the […]
France’s Central Bank Requests Proposals For CBDC ‘Experiments’ To Show Use Cases
The Banque de France made public on March 27 a request for digital currency experiment applications, in an attempt to understand the mechanisms and risks CBDCs pose in the eurozone. France comes upfront when it comes to the digital currencies debate, being the eurozone member with the highest profile as far as launching a CBDC […]
NRI Issues First Japanese Tokenized Bond
This week, the IT service provider and consultancy company, Nomura Research Institute (NRI) became the first platform to offer blockchain-based digital bonds directly to Japanese investors. The news falls-in-line with the group’s overall goal to expand tokenization efforts in the Japanese market. Specifically, NRI issued two bonds. The first bond was a 25M yen ($232,000) […]
NEM Releases Symbol Blockchain Standards for Issuing Security Tokens
The popular cryptocurrency platform NEM stepped into the STO sector this week after developers released standards for the issuance of Security Tokens. Importantly, the standards are for NEM’s highly anticipated blockchain platform – Symbol. The maneuver demonstrates the further expansion of the security token sector, specifically in Asia. According to developers, the new standards detail […]
