This month the security token sector saw some shake-ups as GSR Capital significantly downsized its investment into Overstock’s security token platform – tZERO. Originally, GSR Capital inked a deal for around $404 million. Then the firm reduced the amount again to just over $100 million. In the end, GSR invested only $5 million. The First […]
Tag: STO
DigiMax to Consult During Leonovus Security Token Offering
Business Development Consultant Leonovus has announced that they will be utilizing the services of DigiMax in their upcoming Galaxa STO. DigiMax will be assuming the role of ‘Business Development Consultant’. This role will see Leonovus tap into the recent STO Advisory platform, launched by DigiMax. When describing the tasks that DigiMax will assist in, Leonovus […]
Security Token Webinar, Institutional Adoption – Key Take Aways
Check the key takeaways and watch the webinar video from the Security Token Institutional Webinar, with BTG Pactual, PwC, and GSX. The article Security Token Webinar, Institutional Adoption – Key Take Aways was first published on Security Token Network.
Cryptocurrency Exchange Bithumb Speeds Up Development in STOs
Korean cryptocurrency exchange Bithumb has just announced a new partnership which it believes will speed up its STO platform development. It signed an MOU with Standard & Consensus, a rating service for blockchain, and has recently invested in Codebox, a firm specializing in security tokens. Bithumb is making it clear that it is actively pursuing […]
Michael Moll, Co-Founder and CPO of Reitium Talking About Tokenizing Real Estate Assets
Security Token Network’s Ivan Jelic talks to Michael Moll, Co-Founder and CPO of smart contract real estate investment platform Reitium, about how tokenizing real estate assets can open up the market to millions of small investors. The article Michael Moll, Co-Founder and CPO of Reitium Talking About Tokenizing Real Estate Assets was first published on […]
Michael Moll, Co-Founder and CPO of Reitium Talking About Tokenizing Real Estate Assets
Security Token Network’s Ivan Jelic talks to Michael Moll, Co-Founder and CPO of smart contract real estate investment platform Reitium, about how tokenizing real estate assets can open up the market to millions of small investors. The article Michael Moll, Co-Founder and CPO of Reitium Talking About Tokenizing Real Estate Assets was first published on […]
Russia’s National Settlement Depository Will Launch Its Own Security Token
Russia’s National Settlement Depository (NSD) will be launching its own digital asset ledger next month. The project has been in the works since 2017. According to new reports, the NSD will be unveiling its own security token blockchain next month. The Moscow Exchange Group subsidiary chose Switzerland to base their operations where the project will […]
MAS FinTech Sandbox Welcomes Capital Markets Platform ‘iSTOX’
iSTOX Admittance In a positive development, iSTOX has been granted admission to the FinTech Regulatory Sandbox of the Monetary Authority of Singapore. The ‘MAS Sandbox’, acts as a trial space, for those developing next-gen products – such as a platform structured around digital securities. This space is restrictive, however, as the goal is to not […]
Proxima Media Shines as $100 million for Security Token is Raised
Proxima Media Raises $100 Million In an example of a stellar implementation of security tokens, Promixa Media has successfully raised $100 million for their ‘Proxicoin’. The investment was a joint affair, with two companies contributing. This includes the following two VC outfits: Central Wealth Investment Fund of Hong Kong Step Ventures Along with this raise, […]
Film Producer Raises $100 Million to Launch a Security Token
The ERC20 token will hit the market in late 2019.