Barely a month after saying it sees no rush in launching a central bank digital currency (CBDC), the Reserve Bank of Australia (RBA) has confirmed that it is still following closely on the developments in this space. RBA’s head of policy payments, Tony Richards, said that the monetary authority is also considering going the ‘wholesale’ […]
Tag: STO
BTC and ETH make up for only 44% of TVL in DeFi
The frenzy around DeFi might be waning but make no mistake, DeFi is still going strong. Around $4 billion worth of Bitcoin and Ethereum has been injected into DeFi protocols over the last five months. Surprisingly, the two largest crypto coins by market cap are yet to hit half of the total value locked in […]
Russian Central Bank to Curb Total Digital Assets An ‘Unqualified’ Investor Can Acquire
The Bank of Russia seeks to regulate the total amount of digital assets that individual investors can buy. The central bank has published a draft of regulatory proposals highlighting how they will regulate the nation’s digital assets space. The Russian central bank is now proposing a bill that will limit the number of digital assets […]
Fidelity: Bitcoin Adoption is “Driven” by Social Media Influencers
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. As we continue to figure out all the forces that drive Bitcoin’s price, Fidelity brings us greater insight into Bitcoin’s appeal. Reading through Fidelity’s 29-page report, we can confirm with maturing clarity that Bitcoin’s future […]
Keepp to Host Equity Based STO through Tokenization Platform, Fintelum
Fintelum, the Latvian tokenization specialist, has just announced its inaugural security token offering (STO). This event will see Keepp, a Latvian self-storage company, issue a security token, in an attempt to raise €850,000 (roughly $1M USD). The Details Every STO is structured differently, whether it be the funding sought, event duration, issuance platform, etc. In […]
Russia’s Central Bank Joins the CBDC Bandwagon; Issues Consultative Paper on Digital Ruble Consideration
Russia’s Central Bank is the latest monetary authority to issue a CBDC consultative paper amidst the ongoing craze; the bank confirmed its interest in issuing a digital ruble, noting that it can operate alongside cash or non-cash forms of money that already exist in the country. This development comes barely a week since the BIS […]
SBI e-Sports to Host STO through Issuance Platform, Boostry
Beginning October 30, 2020, Japanese investors will be given the opportunity to invest in SBI e-Sports. This newly formed subsidiary of SBI Group (SBI), which focuses on the development of competitive online gaming, will be hosting a security token offering (STO) that will see the sale of equity shares within the company. The Details In […]
Japan’s SBI Holdings Kicks off First Security Token Offering
The STO will be conducted through an open source blockchain platform called Ibet
Solana Targets Ethereum’s Scalability Issue by Introducing a Bridge called Wormhole
After launching DEX Serum, Solana Blockchain is now going for the heart of the problem. Today, Wormhole – a secure, trustless bridge connecting Ethereum to Solana is announced. With the DeFi frenzy, up until a few weeks ago, pushing the activity on Ethereum to new highs — fees to skyrocket and the network to clog […]
South Korea’s Central Bank to Test Digital Won Distribution In 2021; CBDC’s Are Gaining Momentum
The Central Bank of South Korea has announced that it will commence the distribution phase of its CBDC next year, marking the final stretch of the 22-month scheduled initiative. First reported by the Korea Herald, the Bank of Korea (BOK) intends to run the distribution of its blockchain-based CBDC up to December 2021. This will […]
