One of the largest financial institutions in Europe, Société Générale, is continuing its blockchain and crypto exploration by offering tokenized securities running on the Tezos blockchain network. Sharing in a press statement, this is the first tokenized asset offered by the institution. The security token issuance marks an imperative milestone for the bank in its […]
Tag: STO
One Reason Why Bitcoin (BTC) May Continue On Its Parabolic Trajectory
Despite the volatility this week, due to Coinbase making its debut on Nasdaq, the Bitcoin price is holding strong above $62,000. Amidst this, over $623 million worth of BTC stolen in the Bitfinex hack in 2016 moved, representing 10% of the total 119,756 BTC originally stolen. This could have been an attempt to move unseen […]
Sotheby’s Sold Digital Artwork by Pak for $16.8 Million Along with a Single Pixel NFT for $1.36 Mln
Sotheby’s hosted its first digital art sale that fetched $16.8 million. The non-fungible token (NFT) was created by anonymous digital artist Pak, the auction house said on Wednesday. It also sold an image of a single-pixel for $1.36 million. The sale of the artwork was accepted in Ether (ETH) along with via debit or credit […]
Feedback on Digital Assets Provided by Authority Figures
While there have been many positive developments surrounding the adoption of digital assets in 2021, there still remain many detractors in positions of power. Moving forward, the industry must work hard to sway those who remain unconvinced of the merits of digital assets. For the time being, individuals from the Federal Reserve, SEC, and Bank […]
Blockchain Capital’s BCAP Token Q1, 2021 Results
Blockchain Capital launched the first security token back in April 2017, this was to be the first tokenized venture fund. This STO event raised $10M USD with each token selling for $1.00. Today they announced that the net asset value (“NAV”) of each BCAP token as of March 31st, 2021, is $23.83, based on the […]
CBDC’s Unlikely To Threaten Cryptocurrencies, Market Has Evolved: Morgan Stanley Report
As central banks worldwide continue to establish their digital currencies, one of the largest US investment banks, Morgan Stanley, says they won’t be a threat to cryptocurrencies. Analysts at Morgan Stanley believe that both central bank digital currencies (CBDCs) and cryptocurrencies would co-exist because they are not the same and serve different purposes. CBDCs May […]
Market Cap Roundup – How Do Stablecoins, NFTs, Digital Securities, DeFi, and Bitcoin Compare?
When looking at the performance of digital assets, there are countless metrics used. One of the most commonplace and simplest is overall market-cap. Many turn to this as a quick way to gauge overall adoption, and where certain assets rank compared to others. Here we highlight various subsets within the world of digital assets, and […]
Binance Is Listing A Tokenized Stock of Coinbase, CZ says ‘Rooting for $COIN’
Leading cryptocurrency exchange Binance will be listing the stock of rival exchange Coinbase (COIN) today just as the stock makes its trading debut on the Nasdaq. Binance will allow trading for COIN/BUSD while the pre-IPO contracts are already trading on the FTX exchange. “As an exchange, we won’t miss out on good trading volume. Also […]
Crypto Market Cap Matches World’s Top 10 Banks – But is it an Illusion?
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. When push comes to shove, from where can financial power be exerted to its greatest effect: banks or crypto markets? While this milestone is to be celebrated as a sign of things to come, […]
How Binance’s New Stock Tokens Differ From DeFi’s Synthetic Stocks
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. In a recent update, popular cryptocurrency exchange Binance announced that it has ventured into the tokenized stock trading space. Binance inaugurated its new line of digital assets with Tesla stocks. The exchange has named […]
