The New York City-based commercial real estate firm, Red Swan just raised the ante in the race to integrate tokenization into the market. This week, the firm announced a new partnership with the popular tokenization platform, Polymath. The partnership allowed the firm to tokenize $2.2 billion in properties across the US. The news demonstrates further […]
Tag: STO
Red Swan Leverages Polymath to Tokenize $2.2 Billion in Commercial Real Estate
Announced earlier this week, Red Swan has partnered with Polymath to tokenize over $2 billion worth of real estate. $780 million worth of property will be available in a pre-sale, while another $4 billion in real estate is said to be awaiting tokenization. Red Swan and Polymath Bring Security Tokens to Commercial Real Estate Real […]
The MFSA Feedback Statement
This week, EU financial regulators released the (Malta Financial Services Authority) MFSA market feedback statement regarding key points concerning STO adoption within the sector. Specifically, the report focused on the impact of the current legal framework regarding security token adoption. This news demonstrates a desire by EU regulators to facilitate growth within the tokenization sector. […]
The Latvian Prospectus Exception Amendment
In a move that aligns with Latvian pro-investment and digital innovation sentiments, lawmakers have amended the country’s securities law (FITL), which could potentially benefit the STO industry at large. The adjustments made through the Latvian prospectus exception make it much easier for small and medium companies (SMEs) to raise capital via a prospectus exempt public […]
Stellar Invests in DSTOQ in Bid to Bring Security Tokens to Emerging Markets
Invested It was recently announced that DSTOQ has received a hearty investment from the Stellar Development Foundation (SDF). This marks the inaugural investment through the SDF’s ‘enterprise fund’ – a fund built to identify, and foster growth, in Stellar based use-cases. The fund was initially comprised of 10 billion XLM (Stellar’s native token), prior to […]
Is Legislation Stifling Security Token Development in Malta?
On February 25th, 2020, the Malta Financial Services Authority (MFSA) released feedback it had gathered from Maltese security token industry participants. Ultimately, many believe regulation is holding back security token innovation — not at the national level, but at the level of the European Union. The MFSA’s Feedback on Security Tokens Explained Yesterday, the MFSA […]
Atomyze Announces Soft-Launch of Tokenization Platform
Go for Launch While there are various tokenization platforms already in existence – and more on the way – one of the more anticipated is that of Atomyze. The TokenTrustAg product has just announced the test-launch of their service. The main driving factor behind anticipation of this platform falls back on their established relationships. For […]
New Zealand Aims To Abolish Cryptocurrency Sales Tax While Income Tax Would Remain
Quick Read: The New Zealand Inland Revenue Department is calling for a revision of current Goods and Services Tax laws that are unfavorable to the crypto sector. Issues of whether to treat different crypto assets differently have arisen as they all have different features. The New Zealand government has held discussions in a bid to […]
MASEx Invests in TTChain
This week, the token ecosystem provider TTChain became a subsidiary of MASEx after securing an undisclosed amount of capital funding from the firm. The funding is set to further the platform’s tokenization capabilities and next-generation decentralized exchange. News of the acquisition first emerged via press release in which MASEx developers touched on the main motivation […]
Matthew Unger, CEO of iComply Investor Services Inc – Interview Series
Matthew is the CEO of iComply (iComply Investor Services Inc.) is an award-winning Regtech platform powering the digitization of institutional finance with coverage for over 160 countries. You have been involved in cryptocurrency for many years now. Can you share with us how you first learned about crypto? I first heard about cryptocurrency (Bitcoin) in […]