On July 17th 2019, tZERO announced the appointment of several new managerial heads including its Head of Issuance, Head of Investor Relations, and Head of Communications. The new employees bring notable experiences from the likes of Barclays, IMAX, and Intermarket. The Continued Growth and Development of tZERO Explained Effective July 15th 2019, tZERO has several […]
Tag: STO
BitBond Finance BmbH STO Hits €2.1 million
The enterprise lending solutions provider, BitBond Finance concluded its STO this week. The public crowdfunding event officially started in March of this year. In total, BitBond secured €2.1 million in funding from the STO. Interestingly, this event was the first regulated STO held in Germany. Now, BitBond seeks to expand its platform’s service to include […]
Digimax Partners with Entoro Capital for Broker-Dealer Collaboration
As of July 15th 2019, Digimax announced a partnership with Entoro Capital. The new deal will result in a collaboration to benefit each others’ clients in the issuance and management of regulated digital assets such as security tokens. The Partnership Between Entoro and Digimax Explained Entoro is an investment bank and member of FINRA. The […]
Is the SEC Acting Like a “Regulatory Escape Room?”
It seems that, nowadays, the SEC is intent on burying its cryptocurrency regulations under a heap of legalese. For many projects, it feels as though having to exit an escape room from regulators. SEC Commissioner Hester Pierce—often called “crypto Mama”—has spoken out on her own agency’s response to the question of broker-dealer firms wanting to […]
European Securities and Markets Authority Publishes Report on Regulatory Gaps in the Cryptocurrency Market
The European Securities and Markets Authority (ESMA) has just released a report identifying ‘gaps’ in regulation for the cryptocurrency space. The areas discussed include crypto-asses, ICOs, and distributed ledger technology. ESMA has just put out a report titled Licensing of FinTech Business Models which surveys national competent authorities (NCAs) on the licensing of fintech firms. Conducted by […]
Blockstack’s SEC Worries Are Far from Over
Blockstack recently was approved to offer its security token offering (STO) to everyday retail investors. However, there’s an indication that the crypto startup may still have an uphill battle to climb. The process was long and tedious for Blockstack, the first-ever SEC-approved Reg A+ token offering. However, now with this approval, Blockstack could set the stage […]
Controversies over Libra Widens the Gap Between Cryptocurrencies and Security Tokens
Security tokens have always been offered as the regulated, compliant alternative to ICOs and cryptocurrencies more generally. The current controversies over the Libra demonstrate this in full. The hype surrounding security tokens is surely building in the background. With the Libra taking heat from the highest levels of power in the United States and elsewhere, […]
How to get an STO approved by German regulators – Thought Leaders
After over 130 security token prospectuses were submitted to BaFin, the German regulator, it was the Bitbond STO that was the first to be granted approval. In 2016, Bitbond became the first blockchain business to be regulated as a financial institution in Germany. The next logical step was to crowdfund our growth – compliantly – […]
DigiMax & Entoro to Collaborate as Advisors on Digital Security Offering
Collaboration In the upcoming Leonovus Galaxa STO, a pair of promising companies have decided to collaborate as co-advisers. This would be United States based Entoro and, Canada based, DigiMax. With a mutual goal shared between the companies, this collaboration was undertaken to capitalize on the strengths and weaknesses of each company. U.S. versus Global In […]
Overstock.com Issues Letter to Shareholders Praising Security Tokens
It’s no secret that Patrick M. Byrne, the CEO of Overstock.com is a major fan of security tokens. In a recent letter to shareholders of the company, he laid out his case for the best possible outcome. Patrick M. Byrne, the CEO of Overstock.com, has long been a supporter of security tokens, having spoken about […]