The crypto market is currently having a great time but this does not mean that all companies are investing in having larger team and achieving better results. In fact, some companies such as Polymath are following the opposite route: they are laying off people. Polymath is a security token platform that decided to pull the […]
Tag: STO
Globacap to Integrate Services with Digital Exchange Archax
Service Integration A pair of United Kingdom based companies has recently announced a strategic partnership. Archax and Globacap will be working to integrate each’s respective services. This integration will see companies issuing digital securities through the Globacap platform, provided with seamless access to secondary market trading on the Archax exchange. This is an important step, […]
Security Token Issuance Platform Globacap Partners with Archax
Announced early July 2019, Globacap has officially partnered with forthcoming security token exchange Archax. The deal will allow for security tokens issued through Globacap’s platform to be tradeable on Archax. The Partnership Between Globacap and Archax Explained The security token industry continues to grow in the United Kingdom. Globacap is a regulated security token issuance […]
BTG Pactual to Launch $1 Billion STO on Tezos Blockchain
The bank has already launched ReitBZ token sale on Ethereum.
Security Token Study: 64 Successful STOs Raised Nearly $1 Billion So Far, Trends Suggest Significant Growth
On July 4th 2019, BlockState— a Swiss Securities Tokenization platform— published an investigative study which analyzed over 120 concluded, running, or planned Security Token Offerings (STOs). Its findings suggest the nascent industry, which saw only 5 STOs in 2017, has raised almost $1 billion with just five jurisdictions representative of 75% of all issuances. Security […]
Gemini Set to Apply for FINRA Broker-Dealer License to Facilitate Security Token Trading
As of early July 2019, Gemini is set to apply for a broker-dealer license. The exchange has already had involvement in the security token industry, and is now taking a step towards facilitating the trading of regulated security tokens. Gemini and a Future FINRA Broker-Dealer License Explained The Gemini cryptocurrency exchange— which is famously owned […]
Securities Exchange Euronext Invests €5 Million in Security Token Platform Tokeny
Announced July 1st 2019, Euronext has invested in compliant securities tokenization platform Tokeny Solutions. The investment resulted in Euronext holding a notable 23.5% stake in Tokeny Solutions. Euronext’s Investment in Security Token Platform Tokeny Explained Euronext is a leading European securities exchange. The company boasts more than 1,300 users and a €3.5 trillion market cap […]
U.S. Lawmakers to Facebook: Halt Libra Now, It is “Intended to Rival U.S. Monetary Policy and the Dollar”
On July 2nd 2019, a group of U.S. Representatives from the House Financial Services Committee wrote a letter to Facebook expressing grave concerns over the risks posed by the social media giant’s latest project, Libra. The lawmakers claim Libra threatens investors, consumers, privacy, and U.S. national security as well as monetary policy. What do US […]
Huobi To Develop Own Public Blockchain
Following in the footsteps of crypto exchanges like Binance, Huobi is working to launch its own blockchain, dubbed FinanceChain, aimed at helping financial firms manage their own lending services, stablecoins, security token offerings, and specific payments services.
INDX Security Token Offering Goes Live, Bringing Masternode Investing to the Masses
INDX INDX.Capital is blockchain company, based in London, England. Founded in 2018, the team at INDX has developed a service which provides investors access to a ‘masternode’ investment fund. Above all, the goal of INDX is to provide accredited investors access to a passive income stream. As a result, sheltering participants from the volatility associated […]