As of September 4th 2019, Globex has announced the launch of its digital asset trading software, Open Order Book. Through the use of Ethereum smart contracts, the new tech is said to bring digital asset buying and selling with instant settlement to smartphone owners globally. The Globex Open Order Book Explained Globex has developed numerous […]
Tag: STO
$700B Asset Management Firm Franklin Templeton Trying to Tokenize New Fund on Stellar
According to a preliminary prospectus filed on September 3rd, 2019 with the U.S. Securities and Exchange Commission (SEC), Franklin Templeton plans to tokenize a new fund. The fund will leverage the Stellar blockchain to track its own shares but will not involve any cryptocurrencies. Franklin Templeton to Tokenize a Fund on Stellar Explained Franklin Templeton […]
Bastiaan Don, Managing Director of Token Factory – Interview Series
Bastiaan Don is the Founder & Managing Director of both Token Factory and blockimmo. How did you first get involved in the blockchain space? Early 2011 I read about Bitcoin online at a bulletin board with lots of active and interesting members. Pretty soon I was more interested in the underlying technology and started to […]
Second-ever STO Approved by German Finacial Regulatory Authority Is Live
StartMark is the second security token offering (STO) to be approved by the German Financial Regulatory Authority (BaFin). It is currently conducting its private sale round. After Bitbond, BaFin recently cleared the second STO ever in the country. Called StartMark, participants can buy ‘SMK tokens’ and have a stake in the company’s portfolio. StartMark is […]
$75M STO to Be Held by Caribbean Real Estate Company
La Estancia Holdings will be selling $75M worth of tokens in a security token offering. The STO will be held in three phases until early 2020. A real estate company in the Caribbean will soon be holding its own STO in an effort to break down financial barriers. In what is one of the highest-profile […]
IEOs are Stealing the Show from Security Tokens, But Not for Long
Security token offerings (STOs) were seen as the ‘solution’ to the risky ICO craze of 2017. However, in the past year they have been overshadowed by initial exchange offerings (IEOs). Yet, this will prove to be shortlived. The IEO market is booming in 2019. This year has seen over 13 IEOs completed which raised over […]
A Review of the QRC Blockchain Sentiment Survey
This month saw the release of the QRC Blockchain Sentiment Survey. This annual survey is mailed out to over 200,000 professionals globally. The results are then used by firms globally to better understand the market sentiment. This year, 1,871 blockchain professionals participated in the survey. Notably, this is the second year the study was conducted. […]
Fmr. ConsenSys Ventures Head Joins Security Token Platform ‘Dusk’
Former ConsenSys Ventures head Kavita Gupta has joined Dusk Network to revive the security token industry. Dusk Network has been picking up some high-profile partnerships and investors recently as it positions itself as one of the stop security token platforms in Europe. Now, it has just announced it has onboarded a former ConsenSus Ventures head to […]
Tokenized Shares of UK Student Accommodation Block Sold By Smartlands
Smartlands, the security token platform, has announced that it has successfully closed the sale of security tokens meant to represent shares of a student accommodation block in Nottingham, UK. Representing a milestone in security tokens within the real estate sector, Smartlands has just finished a deal for a property valued at £12.06 million in Sept, […]
U.S. SEC Settles with Bitqyck After Alleged Fraud and $13 Million Unregistered Securities Offering
On August 29th 2019, the U.S. Securities and Exchange Commission (SEC) announced a settlement with Bitqyck and its founders. The settlement stems from charges by the SEC which include fraud, false promises to investors, personal expenses of over half a million dollars paid directly by investor funds, and unregistered securities offerings. Bitqyck and the SEC’s […]
