The online retail giant, Overstock, issued a letter to stockholders this week requesting the ability to tokenize all Series 1 shares utilizing the company’s tZERO blockchain platform. tZERO is a subsidiary of Overstock that was developed specifically to handle blockchain services. Swapping to the blockchain system gives investors more flexibility. Also, it allows Overstock to […]
Tag: STO
Securitize Launches Version 3 of Its STO Management Platform
Securitize’s newest platform features a control panel designed to help users manage the the entire token lifecycle.
US Congressman Calls For Ban on Cryptocurrencies, Says Their Sole Aim is to Hinder “the United States and the Rule of Law”
A video dated May 9th 2019 features United States Congressman Brad Sherman (D-CA) discussing the introduction of a bill which would ban all cryptocurrency purchases for American citizens. Rep. Sherman claims those who advocate for cryptocurrency solely seek to disempower the United States government. Rep. Brad Sherman Wanting to Ban Cryptocurrency Explained Representative Brad Sherman […]
Tokeny Partners with Identity Mind as Part of Its InvestID Solution
Tokeny has just partnered with IdentityMind. The company will be offering its services to create KYC compliant solutions through Tokeny’s existing investorID platform. All STOs held on the Tokeny security token marketplace will here on out benefit from added security benefits. The Tokeny marketplace has just partnered with California-based company IdentityMind to bring KYC-related clarity to its investor […]
SEC Commissioner Hester Pierce Says the SEC Is Holding Back Innovation
SEC Commissioner Hester Pierce spoke at the Securities Enforcement Forum recently voicing her concern that the SEC is holding back innovation. The SEC’s lack of meaningful action in the crypto space will ultimately come back to haunt it unless it acts soon. SEC Commissioner Hester Pierce had some harsh words for her own regulatory body […]
Fluidity to Launch Ethereum-based Tokenized Mortgages in California and New York
At the Fluidity Summit on May 9th 2019, Fluidity announced plans to launch Ethereum-powered mortgages, starting with California and New York. The service is set to launch this summer, and is expected to feature lower rates when compared to traditional loans. Fluidity’s Tokenized Mortgages on Ethereum Explained Fluidity plans to tokenize mortgages through smart contracts […]
STX.Swiss – A Decentralized Security Token Exchange
The security token community welcomed the STX.Swiss exchange to the market this week. The Switzerland-based platform is among the first licensed decentralized exchanges (DEX) developed to host security tokens. Now, STO investors can enjoy instant peer-to-peer trades with zero fees. The developers behind STX.Swiss want to tackle some of the biggest issues currently facing the […]
Seychelles based ‘MERJ’ to Launch Digital Securities Markets in 2019
MERJ – Digital Assets Exchange Another island nation will soon play home to a global exchange, trading digital securities. This news has come from MERJ, as the Financial Services Authority of Seychelles approved their bid to launch in 2019. This launch will see the active exchange expand their offerings, to bring support for the trading […]
MERJ Gets Green Light to Open Security Token Exchange in Seychelles
MERJ, a multi-national global financial exchange for equities, debt, and derivatives, has officially received clearance to start their own security token exchange. The approval came from the Seychelles Financial Services Authority. MERJ is currently the only licensed securities exchange in Seychelles. Going live in August 2013, the MERJ exchange now has some 24 listed securities […]
Fvndit Announces $10M STO Backed By Equities
Fintech company Fvndit is holding a $10M digital security offering. The company will use the proceeds to further its Vietnamese crowd-funding platform for small and medium-sized businesses. Fvndit is merging technology with crowdfunding with the help of a newly-announced STO. The company (pronounced ‘Fund It’) will be holding a security token offering with a cap of […]
