$250 million DSO One of the largest digital security offerings, to date, has recently been announced. In an upcoming DSO, Australian based, PCF Capital, will be hosting a whopping $250 milllion event, aimed towards the mining and resource sector. This DSO will be made possible through the use of KoreConX and their digital securities issuance […]
Tag: STO
Blockport STO Fails to Gain Traction – Platform to Shutdown
Failure to Launch On a disappointing note, Blockport has announced the cancellation of their ongoing security token offering. After launching the event, roughly 1 month ago, the team has indicated that they have failed to attract their minimum threshold of investments. This comes as a letdown to the industry, as Blockport represented one of the […]
BitBond Opens Bounty Program for Live Security Token Offering
BitBond Bounty BitBond, a blockchain company hosting a FINRA approved STO, has recently announced the launch of a bounty program. This program was launched in an attempt to raise market awareness of their ongoing security token offering. This STO, scheduled to be live until early June, has seen modest success thus far, with investors contributing […]
Poloniex Cleans House as Tokens Delisted for Fear of Being Called Securities
Poloniex Delisting Assets Poloniex has given unfortunate news to enthusiasts of various assets supported through their platform. The popular exchange has announced that, due to ongoing regulatory uncertainty, they will be de-listing a variety of assets. This event is a precautionary one, as the possibility exists that the structuring of these assets would classify them […]
Security Tokens Reach Non-Accredited US Investors as Holding Periods for Some Assets Expire on OpenFinance Network
As of mid-May 2019, OpenFinance Network is set to allow non-accredited, US-based investors to access security tokens in Q2 2019. The required holding period for two tokenized securities will expire during the period, allowing for increased investor access for the first time in the United States. How Non-Accredited Investors Can Access Security Tokens OpenFinance Network […]
French Central Bank Governor: The Bank of France is Observing Tokenized Securities, other Digital Assets “With Great Interest”
According to a recent interview, French Central Bank Governor Villeroy de Galhau says stablecoins and tokenized securities along with other assets, have caught the attention of the Central Bank of France. The Bank of France’s Interest in Tokenized Securities Explained In recent news, security tokens have officially reached France. Societe Generale, the third largest bank […]
Australian Advisory Firm PCF Capital Group Chooses KoreConX to Launch $250 Million Security Token Offering
As of May 14th 2019, PCF Capital Group has selected KoreConX to launch a $250 million security token offering. The offering is said to be available to accredited investors, institutional investors, and family offices across multiple jurisdictions. PCF Capital Group’s Security Token Offering (STO) with KoreConX Explained PCF Capital is a major Australian capital advisory […]
Blockstream to Add Support for Digital Securities on Liquid Security Platform
Blockstream Liquid Security Platform In a move straying from the norm, Blockstream has announced their decision to launch a securities platform on the Bitcoin blockchain. More specifically, this endeavour will make use of sidechains. While the Liquid platform launched with support for cryptocurrencies in late 2018, this expansion marks the inclusion and support for digital […]
OpenFinance Brings Support State-side for Third Party Digital Securities
Third-Party Assets OpenFinance has expanded their support for the trading of third-party digital securities on their platform. OpenFinance has supported this feature for a while now, in Europe, and is now bringing the service to the United States. The reasoning for this timing is due to the holding periods enforced on digital securities. Upon being […]
TokenOro Launches Unique Security Token Pegged to Gold Ownership and Production
According to a new announcement, TokenOro will soon be unveiling its Preferred Security Token to the market via WORBLI. The company is currently in discussions with ten mining companies to make this idea a reality. TokenOro has a novel new idea which it will be unveiling formally sometime this year. Reaching out to more than […]