Smart Valor has secured a $3.25M in investment from Venture Incubator, Tally Capital, and others. The Zug-based startup will provide custody, trading, and brokerage services. Smart Valor has gone live after securing a significant investment from venture capital groups. The Zug-based startup will operate in both Switzerland and Liechtenstein. At the start, it will only […]
Tag: STO
Polymath Launches ‘Poho’ Upgrade for Its Security Token Standard
Polymath Network, a platform specializing in security tokens, has announced a new update to their protocol. Their ST-20 security token standard is now compliant with the ERC-1400 protocol on Ethereum. Despite being largely quiet for the past few months after a shakeup in its staff. Regardless, it still maintains it will be the industry leader […]
Polymath Implements ‘Poho’, Making ST-20 Compliant with ERC-1400 Standards
Codename ‘Poho’ Polymath has announced ‘Poho’ – meaning “Bull” in Sesotho, a language spoken by over 5 million South Africans. This is the codename for what is essentially version 3.0 of their ST-20 protocol. While ST-20 has served Polymath well, until now, industry participants require greater interoperability, along with a protocol offering higher levels of […]
Bitbond’s Token Starts Trading
Bitbond’s regulated security token BB1 has officially started trading. The bond-like security was the first regulated such token to be approved in the EU. The first EU-regulated security token is now officially trading. The token, issued on the Stellar blockchain, has been a milestone for the security token industry in Europe and may signal to […]
ICO Consultant CoinLaunch Penalized $50,000 by Ontario Securities Commission After Advising Two ICOs
As of late-July 2019, the Ontario Securities Commission (OSC) has announced it has reached a $50,000 settlement with Initial Coin Offering (ICO) consultant CoinLaunch. The regulator says the penalty is modest, but shows how a mere consultant— not just an issuer, seller, or buyer of tokens— can be subject to securities laws. ICOs and Securities […]
Security Token Offerings from SMEs & Boutique Companies
Boutique Offerings One of the draws towards the issuance of a security token is the opportunity that the process affords SMEs. Companies that are early stage and boutique (small & on trend), and would not be able to easily raise capital otherwise, now have a means to do so, and can jumpstart the development/expansion of […]
12 Year Old Crypto-Genius Gets His Token Approved By the SEC
Pocketful of Quarters, a startup which specializes in crypto-related gaming, has received a green light from the SEC. It is the first Ethereum token to not be considered a security—and created by a 12-year old, no less. George Weiksner is the CEO of Pocketful of Quarters and he also happens to be only 12-years old. […]
Galaxy Digital Receives FINRA Approval to Underwrite Public Securities Offerings
As of late-July 2019, Galaxy Digital Holdings has announced that the Financial Industry Regulatory Authority (FINRA) has approved the business expansion of its broker-dealer, Galaxy Digital Advisors LLC. As a result, Galaxy Digital Advisors can legally underwrite registered public securities offerings. Galaxy Digital’s FINRA Approval Explained Galaxy Digital is a merchant bank with a focus […]
StartEngine Receives Broker-Dealer Approval and Plans New Platform
The popular private securities marketplace StartEngine received its Broker-Dealer approval this month. The firm seeks to expand its capabilities in the tokenized security sector. Now, StartEngine can provide services to all 50 states via its fully regulated platform. Reg A+ Funding StartEngine Primary is a subsidiary of StartEngine Crowdfunding Inc. The firm registered with the […]
Stablecoins – Are they Gimmicky or Trendy?
Stablecoins These blockchain based assets known as stablecoins, are digital tokens which are pegged to another asset. This pegging usually links the digital assets to FIAT currencies on a 1:1 basis, attempting to mimic their stability. The entire purpose of these assets is to provide investors with a blockchain based form of payment, while experiencing […]
