According to reports, London-based cryptocurrency exchange CEX.IO is looking into support security token offerings (STOs) on its platform. Many cryptocurrency exchanges have begun actively considering holding STOs in the past year, indicating a new trend in the industry. CEX.IO may be the next one to jump on board, according to an official at the exchange. […]
Tag: STO
Luxembourg Home to Real Estate Sucessfully Tokenized through Tokeny
Successful Issuance This week, we saw one of the first examples of a digital security being issued, representing the first real-estate backed tokenization within Luxembourg. More specifically, this project saw investors purchase portions of real estate developmental projects within the city of Belval with the entire process being facilitated by issuance platform, Tokeny. While various […]
Overstock’s Security Token Platform Subsidiary tZERO Launches New Crypto App For Android
tZERO, a subsidiary of Overstock that is focused on security trading platforms, has decided to release a new product recently. The new product, which is aimed at Android devices, is set to allow users to store and exchange crypto tokens on their mobile devices. The launch of the new app comes just a few weeks […]
Luxembourg Sees First-Ever Blockchain-Powered Real Estate Transaction on Ethereum
Blockchain technology has reached new heights in Luxembourg. As of July 23rd 2019, the country’s first ever blockchain-fueled real estate transaction took place, utilizing the Ethereum blockchain. The tokenized real estate includes a luxury property located in Belval, Luxembourg. Tokenized Real Estate in Luxembourg Explained Property Token SA is the company behind the transaction, while […]
Smartlands to Tokenise $1B in Assets as they Release Roadmap 2.0
Roadmap 2.0 Wandering in the dark will get you nowhere. For a company to be successful, it is vital to have a clear roadmap in place, which will act as a guide towards achieving goals. While the path may vary as time progresses, the structured nature of the approach is beneficial to the company, while […]
TokenMarket Announces Successful Security Token Offering, 158% of Funding Goal Raised
As of July 23rd 2019, TokenMarket has announced the successful completion of its Security Token Offering (STO). The platform raised a total of £240,000, which is 158% of its original funding goal of £150,000. TokenMarket’s STO Explained TokenMarket’s STO lasted just two weeks, but apparently that was all it needed to largely surpass its funding […]
Fundament Group to Issue €250 Million in Security Tokens backed by German Real Estate
€250 Million Bond Fundament Group, a German based company looking to tokenize real-estate within the European nation, was just given the regulatory greenlight by BaFin to host an upcoming STO. This STO will see Fundament distribute token based bonds, representing fractionalized ownership of a portfolio, backed by German real-estate. It is the intent of Fundament […]
Fmr. Secretary-General of Thailand’s SEC Gives Her Thoughts on Security Tokens
Tipsuda Thavaramara has seen the monetary system move from the gold standard to free-floating currencies to now blockchain technology. The former secretary-general of Thailand’s Securities and Exchange Commission (SEC) recently told the Bangkok Post her thoughts on where the securities industry is headed. Thailand has become an inviting place for the security token industry. One […]
Germany’s Securities Regulator Approves StartMark’s €50 Million Security Token Offering (STO)
On July 22nd 2019, StartMark announced the approval of the second STO to ever be granted by Germany’s securities regulator, the Federal Financial Supervisory Authority (BaFin). The STO aims to raise up to €50 million and will utilize the Ethereum blockchain. StartMark’s STO Approved by BaFin Explained Until yesterday, BaFin had only approved one STO. […]
SEC Finalizes Case against BitFunder Operator
An updated case has been submitted against Jon Montroll, the operator of Bitfunder and WeExchange. Montroll was sentenced to 14 months of imprisoned and 3 years of supervised release over securities fraud. The SEC and the defendant, Jon Montroll, have agreed on a proposed settlement. The document has been submitted to the New York District […]
