ZenSports is a decentralized peer-to-peer sports betting application headquartered in San Francisco, California. In mid-August 2019, the company announced its dividend payout structure for its security token dubbed ‘SPORT’. ZenSports’ Security Token SPORT Explained Shortly after the launch of its beta product, ZenSports launched a Security Token Offering (STO) in September 2018. The offering was […]
Tag: STO
Report: Barclays Is No Longer Working With Coinbase
According to a new report, Barclays is no longer providing their banking services to Coinbase. In a shocking announcement, it was reported yesterday that banking giant Barclays is no longer working with cryptocurrency exchange Coinbase. Coinbase has apparently found a new banking partner in ClearBank to make up for it, reports read. Coinbase UK users […]
SIX Digital Exchange (SDX) CEO to Step Down from Role
Different Paths In a surprising bit of news, SIX digital exchange (SDX) has announced that their CEO will be vacating his role. Martin Halblaub has held this position for under a year, with his current contractual obligations finishing at the end of August. It was announced by mother-company, SIX, that this decision was made, as […]
Mortgage Company ‘Figure’ Is a Unicorn in the Blockchain World
Blockchain-based fintech company Figure is rumored to be raising some $100M. The company offers real-estate loans and boasts a strong collection of industry leaders. You may not have heard of Figure, but the company has been working behind the scenes—and scoring some big funding in the meantime. To date, the company has raised some $130M […]
Republic Partners with Althea to Launch Security Token Airdrop
Investment platform Republic and Athea will be holding the first-ever compliant security token airdrop for its users. Both U.S. investors and others can participate. Companies have long sought to reward their most loyal users. Republic, and investment platform, is now trying to make that happen. Teaming up with Athena, which specializes in decentralized internet infrastructure, […]
Koscom to Create a Blockchain Solution for Unlisted Securities
Financial IT company Koscom, majority-owned by the Korea Exchange, will be working with five companies to develop a blockchain platform for unlisted securities. Five companies have been onboarded by Koscom to create a blockchain-based platform for unlisted securities. Korea Accelerator Association, KEB Hana Bank, Hana Financial Investment, Techno Park and Amicus Rex will all help […]
ZenSports to Begin Issuing Dividends to ‘SPORT’ Holders
Commence Dividends The team at blockchain based betting platform, ZenSports, has announced the commencement of dividend payouts associated with their distributed ‘SPORT’ security token. These payouts are to be doled out on a quarterly basis, with the first occurring in early October, 2019. ZenSports was one of the first companies to successfully host an STO, […]
Althea to Air Drop Private Securities with Help from Republic Crypto
Partnering Together Republic Crypto has recently announced that they are facilitating an air drop, on behalf of Althea. This development will see private securities distributed, which allow for holders to redeem these ‘investments’ for ALGT tokens. Tokens which provide holders with various benefits within the Althea platform. For those interested in taking part in this […]
Salaries Can Now be Paid with Cryptocurrencies in New Zealand
New Zealand’s tax office recently published an updated ruling to its Income Tax Act. For the first time in the country’s history, salaries can be paid in something other than the country’s native fiat currency— cryptocurrency. How Salaries Can Now be Paid with Cryptocurrencies in New Zealand Up until a short time ago, New Zealand […]
Former Visa Executive: “There’s Huge Potential in STOs”
In a recent interview, former Visa executive Roel Wolfert discussed his thoughts on the security token industry. Wolfert remains convinced of the significant potential anticipated for security tokens, but not before a few necessary developments fall into place. How Security Tokens Have Huge Potential, but Need Further Development Security tokens have been around since 2017. […]
