As of September 9th 2019, Dr. Wesley Snipes is teaming up with Liechtenstein Cryptoassets Exchange (LCX) to tokenize a $25 million movie fund. The fund will be used to invest in the production of both films and tv shows. Wesley Snipes’ Daywalker Movie Fund Explained Wesley Snipes and LCX plan to launch a “fully regulated” […]
Tag: STO
Why it Matters: The SEC’s Approval of Securitize as a Transfer Agent
Last month, Securitize became an SEC-registered transfer agent. Recently, Brain Farber— Securitize’s General Counsel— sat down with the Security Token Academy’s Digital Wrapper for an interview. One topic of discussion was the importance of Securitize becoming a transfer agent. What it Means to Be an SEC-Registered Transfer Agent Explained Securitize is a San-Francisco based firm […]
Smartlands Announces Tokenisation of ‘Disruptive Fund’
Moving Forward Smartlands has recently announced a new investment fund that will provide investors with exposure to high potential, ready-to-launch, companies. Keeping in line with their belief in digital securities, Smartlands will be providing access to what they call the ‘Disruptive Fund’, through tokenisation. While nothing is guaranteed, it is the aim of Smartlands to […]
Smartlands Announces Tokenization of Disruptive Technologies Fund
Security token platform Smartlands has announced the tokenization of an investment fund. The ‘Disruptive Technologies Fund’ will target mid-stage FinTech firms and aims to raise a total of €8 million. Smartlands’ Disruptive Technologies Fund Explained Smartlands is a London-based security token issuance platform. In late-August 2019, Smartlands announced the successful close of a Security Token […]
Abu Dhabi Releases New Guidelines to ‘Welcome and Support’ Digital Securities
On September 5th 2019, Abu Dhabi published new guidelines concerning digital securities. The new publication welcomes and supports the use of digital securities by the FSRA. Abu Dhabi’s New Digital Securities Regulations Abu Dhabi continues to create a regulatory-friendly environment for digital assets. Most recently, the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi […]
MERJ to Make Entrance into the United States
Hello United States MERJ, a Seychelles based digital exchange, has made waves lately as they have announced a string of successes. The most recent wave comes in their announced intent to expand operations into the United States. To make this move possible, MERJ established multiple strategic partnerships with U.S. based companies. In these newly established […]
TokenSoft Expands Support for Various Stablecoins
New Support In a continuing effort to expand the functionality of their various services, digital securities issuance platform, TokenSoft, has announced new support for a variety of stablecoins. The stablecoins that will be added to their list of accepted forms of payment are as follows: Gemini Dollar (GUSD) USD Coin (USDC) Paxos Standard (PAX) The […]
Protos – Worlds 1st Tokenized Hedge Fund Trades Publicly
The world of tokenized assets continues to expand into the traditional financial sector. This month, the world’s first tokenized hedge fund, Protos (PRTS), became available to public investors via the OpenFinance trading platform. The Protos hedge fund reads like a whos-who of early crypto projects including classics like Bitcoin, Ethereum, and Monero. The fund initially […]
A Month in Review – August 2019
Digital Securities in August August brought various positive developments within the digital securities sector. While there were a few hiccups experienced, these were not big enough to overshadow the continued adoption of digital securities that is being seen. This edition of ‘The Digital’ highlights exclusive interviews from industry participants, as well as a look at […]
Prometheum Acquires Tech in Mission to Become First ATS to Clear and Settle Security Tokens
As of September 4th 2019, Prometheum has announced the acquisition of a version of InteliClear’s post-trade solution technology. Prometheum says the new tech will lead to the company becoming the first Alternative Trading System (ATS) to compliantly clear and settle security tokens. Prometheum’s Acquisition of InteliClear Explained Prometheum is a blockchain-based platform which facilitates the […]
