This month, the Gemini exchange applied for a broker-dealer license from the Financial Industry Regulatory Authority (FINRA). The popular trading platform seeks to gain approval from FINRA as an Alternative Trading System (ATS). If successful, the Gemini exchange would be amongst an exclusive class of FINRA approved crypto organizations. Regulatory-Friendly Approach Gemini’s approach to the […]
Tag: STO
Vertalo to Integrate Digital Asset Managment Platform with Hedera Hashgraph
Hashgraph Integration Vertalo has just announced that they are currently working towards integrating their own services with Hedera Hashgraph. The cap table software, built by Vertalo, utilizes a distributed ledger as the ‘core database system’. By integrating with Hedera Hashgraph, Vertalo gains access to a fair, secure, scalable distributed ledger on top of which they […]
BlockState to Add ERC Tokens to Corda
The popular security token issuance platform BlockState recently announced plans to migrate a number of ERC-20 tokens from the public Ethereum blockchain. According to reports, BlockState will transfer these tokens to the private distributed ledger developed by R3 – Corda. News of the migration first broke on June 27th via social media. The move will […]
Polymath Abandons Two Projects and Lays Off 10 but Maintains Mission to ‘Bring Securities to the Blockchain’
In a blog post published July 6th 2019, Polymath announced the discontinuance of two projects along with the laying off of ten employees. The company says the move is congruent with its larger vision to bring regulated financial securities to the blockchain. Polymath Discontinuing 2 Projects Explained Polymath is shifting its focus by halting the […]
The Need for Interoperability in Security Token Protocols – Thought Leaders
A Short History of Tokens It’s been over 10 years since Bitcoin first introduced blockchain technology to the world. In that time, the list of potential use cases for distributed ledgers has expanded rapidly, from digital currencies, to supply chains, to identity management. At their core, however, many of these uses cases take a similar […]
Some Bitcoin-related Financial Products Could Be Banned in the UK Soon
The Financial Conduct Authority (FCA) of the UK is stepping up efforts to crack down on Bitcoin-related financial products. Bitcoin derivatives are in their crosshairs and we could see other Bitcoin-related products banned soon as well. The FCA is cracking down on Bitcoin-related products. According to FCA executive director Christopher Woolard: “Most consumers cannot reliably […]
Bitbond and the Gibraltar Stock Exchange Plan to Cooperate
It has just been announced that the Gibraltar Stock Exchange (GSX) and Bitbond will be cooperating moving forward. GSX is one of the few stock exchanges exploring digital assets and securities. The Gibraltar Stock Exchange (GSX) has just announced it will be collaborating with Bitbond. Bitbond is a lending platform and parent company of Bitbond […]
Tezos chosen by BTG Pactual and Dalma Capital for Token Issuance
$1 Billion Pipeline BTG Pactual and Dalma Capital have announced that they will be utilizing the Tezos Blockchain to facilitate ongoing, and future, STOs. The hope is that Tezos will provide a future home/platform for an anticipated $1bn + in tokenized assets. As industry participants continue to develop and launch services helping to mature the […]
Latin America’s Largest Investment Bank, BTG Pactual, to Sell $1 Billion Worth of Security Tokens on Tezos
Announced early July 2019, Banco BTG Pactual SA— the largest standalone investment bank in Latin America— has partnered with Dubai asset manager Dalma Capital to sell over $1 billion worth of security tokens. The deal is set to involve the Tezos blockchain. Brazilian Bank BTG Pactual, Dalma Capital, and $1 Billion Security Tokens on Tezos […]
Polymath Scraps Two Projects, Honing in on Vision for Digital Securities
Polymath Coming into Focus Under the watch of CEO, Kevin North, Polymath has seen 4 product initiatives scrapped within the past year. The latest two were recently announced, as the company attempts to focus their efforts on the development of their ‘Service Provider Marketplace’, and their ‘PolyMesh’ network. There are generally only a few paths […]
