This is part 4 of a 5 part series. Click here for part 1, Click Here for Part 2, or Click Here for Part 3 From the traditional private equity or debt to less conventional crowdfunding. The most recent tokenisation method is the next step in the evolution of the capital markets. Often ICO token […]
Tag: STO
Provenance.io Completes $20 million Security Token Offering
Mission Complete Provenance has announced the successful completion of their recent security token offering. This event, which saw the sale of ‘Hash Tokens’, took place as a Regulation D offering. It attracted $20 million worth of investments from qualified investors. This funding is intended to be used for the continued development of the Provenance blockchain. […]
Harbor Cancels Tokenized REIT of University Dorm ‘The Hub at Columbia’
As of April 11th 2019, Harbor’s $20 million tokenization of a REIT involving ‘The Hub at Columbia’ has officially been called off. According to a Harbor spokesman, the underlying cause was a dispute with the project’s existing mortgage lender. Harbor’s Cancellation of Tokenized REIT Involving ‘The Hub at Columbia’ Explained Harbor CEO Josh Stein announced […]
GO Philly Fund Aims to Raise $50 Million through Tokenized Offering via Securitize
As of April 11th 2019, the GO Philly Fund is turning to tokenization as a means to raise a total of $50 million. With $15 million already raised, the fund is leveraging the Securitize platform and the benefits of tokenization to meet its final goal. The Tokenized GO Philly Fund Explained Pennsylvania-based Ben Franklin Technology […]
Mauritius FSC Clarifies Regulations, Security Tokens Subject to Existing Securities Laws
On April 8th 2019, Mauritius published guidance outlining its regulations for compliant Security Token Offerings (ST0s). Ultimately, the commission classified security tokens as securities, but in digital form. Mauritius Security Token Regulation Explained In jurisdictions throughout the world, to include the United States and Hong Kong for example, tokenized securities must abide by existing securities […]
Ben Franklin Gives Access to ‘Go Philly Fund’ with the Help of Securitize
Ben Franklin is a capital provider with over three decades of experience in the Philadelphia area. This accomplished organization has recognized the benefits of blockchain, and has now announced a collaboration with industry leader, Securitize. Onboarding Platform Through this collaboration, Ben Franklin will be utilizing services rendered by Securitize to host a digital security offering. […]
Blockstack to Host DSO, Pending Greenlight by SEC
Intent to Raise Blockstack has just announced that they have been working with the Securities and Exchange Commission (SEC), to arrange an upcoming digital security offering (DSO). Recognizing the trend in the industry, veering away from ICOs towards DSOs, Blockstack thought it prudent to take their time, to ensure that every step of their intended […]
Harvard University Makes $5 – $10 Million Crypto Investment into Blockstack Security Token Sale
Blockstack is one of the latest companies to apply to the US Securities and Exchange Commission (SEC) for a token sale that they are hoping will bring in $50 million for their company. It would end up leveraging the Regulation A+ crowdfunding exemption, and, as big of a deal as this would be for approval, […]
Blockport Targets European and US-based Investors with its First BPS Security Token Offering
Blockport has announced the impending launch of their Security Token Offering (STO). The world’s pioneering social cryptocurrency exchange plans to hold the first phase of the STO on April 15. The target for this round is set at €5 million and will target investors from the US and Europe. Eventually, Blockport aims to raise any […]
Security Tokens or STO vs Crowdfunding, ICOs & IEOs – Thought Leaders
This is part 3 of a 5 part series. Click here for part 1, or Click Here for Part 2. Crowdfunding and ICO – a step in evolution of capital markets ICO acronym abbreviates to “initial coin offering”. But the practice stems from small capital funding method known as the crowdfunding. In 2009 a US […]