The shipping company Vogemann based in Hamburg, Germany issued its first digital security with the help of blockchain technology. The total issued volume for the security token offering (STO) is 50 million US dollars (USD). The securities sales prospect was approved by the FMA Financial Supervision Authority Liechtenstein on July 3 and the sale had […]
Tag: STO
Here’s Why DeFi Tokens Can Still Rally After Seeing A Massive 2,600% Gains This Year
2020 seems to be the year of Decentralized finance (DeFi). In a matter of months, the market cap of the DeFi space has gone from a billion-dollar to nearly $8 billion, as per DeFiMarketCap. In 2020 so far, Aave (LEND) has surged a whopping 2,600%, Kyber network (KNC) 800%, Bancor (BNT) 511%, Republic Network (REN) […]
Adoption of NEM’s Symbol Blockchain Increasing Among Central Banks and Startups
Symbol – NEM’s New Core Blockchain Technology Only months ago, we were reporting on the release of ‘Symbol’. A product of NEM, Symbol is a hybrid blockchain, built specifically with enterprises in mind. Symbol’s hybrid blockchain brings together the advantages of private and public blockchains to provide the best of both worlds for enterprise users […]
COMP token puts hodled crypto assets to work
The introduction of the COMP token appears to have led to a massive rise in DeFi participation The amount of value locked up in DeFi protocols has more than doubled in the latest quarter of 2020, hitting a record $2 billion. There are a few things that could be driving this boom — but COMP […]
Kaspersky Give Two Thumbs Up to Tokeny’s ‘T-REX’ Security
Two Thumbs Up Popular digital asset solution provider, Tokeny, has recently had cybersecurity experts, at Kaspersky, assess the validity of their security claims surrounding T-REX. The result? Two thumbs up. This assessment is an important endorsement for Tokeny. Anyone can claim to have the most secure framework around – proving it is a different story. […]
Copper to Securitize Custom Indices with ‘Catalyst’
Copper Catalyst Over the past few years, one thing has been made clear within digital securities. This would be a need to develop services which ‘bridge the gap’ between traditional markets, and those of the future. Simply creating new services and offerings will not, necessarily, spur adoption. Rather, by providing an easy transition for those […]
Blockchain Capital’s BCAP Token Outperforms Market in Q2, 2020
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. Today they announced that the net asset value (“NAV”) of each BCAP token as of June 30th, 2020, is $4.47, based on the NAV of the underlying venture capital […]
Canadian Companies Involved in Digital Securities
July 1st represents Canada Day in the Great White North. As such, we thought that a quick look at a few Canadian companies involved in digital securities would be appropriate today. To date, Canada has been one of the leading countries surrounding anything blockchain related. We have seen government adoption, the creation of Ethereum, the […]
Benjamin Tsai, President & Managing Partner of Wave Financial – Interview Series
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 […]
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, […]