On April 11th 2019, Blockstack filed an offering statement with the U.S. Securities and Exchange Commission (SEC) to conduct a Reg A+ $50 million tokenized offering. If approved, the offering is expected to be the first time “a blockchain project receives approval to access the public U.S. securities market”. Details of Blockstack’s SEC-Regulated Token Offering […]
Tag: STO
Timeless Luxury Group Choses Globex to Power its Digital Securities Offering
As of April 9th 2019, Timeless Luxury Group has selected Globex’s suite of blockchain solutions to fuel its Digital Securities Offering (DSO). One solution features an industry first smartphone application to conduct investor verification, onboarding, and whitelisting. Timeless Luxury Group to Launch First-Ever DSO with SEC-Registered Transfer Agent Globex is an SaaS enterprise focused on […]
Mauritius FSC Releases Guidance Note on Security Token Offerings
Guidelines Released Pundits from around the world have been pining for clarification on regulations pertaining to digital securities. In a recently released document, the Mauritius Financial Services Commission did just that. In this communication, the FSC touched on various issues causing confusion. Here are a few brief highlights. All STOs are subject to be regulated […]
Blockchain Technology Is Still Not Ready for Security Tokens
According to cryptocurrency commentator Il Kadyrov, the obstacles are too great to ignore right now for the security token space. We should be realistic about these problems instead of being overly-optimistic. We’ve heard conflicting stories about security tokens for 2019. On the one hand, the sector is expected to be worth over $200B this year […]
WISeKey’s Blockchain Subsidiary Raises $7 Million in Pre-STO
The company is targeting to raise $17.5 million through tokenized securities.
Provenance Blockchain Successfully Raises $20 Million in Reg D Security Token Offering (STO)
On April 10th 2019, Provenance.io Blockchain announced a successful Security Token Offering (STO) which raised $20 million. The funds will go towards the further development of Provenance.io and its administrator, Provenance Blockchain Inc., which are now independent entities. Provenance.io Blockchain’s $20 Million Security Token Offering Explained Provenance.io was named ‘Blockchain Innovator of the Year’ by […]
Japan’s Primary Financial Regulatory Seeks to Amend Its Cryptocurrency-Related Business Law
The Japanese FInancial Services Agency (FSA) is submitting a bill to Diet to amend the Payment Services Act and the Financial Instruments and Exchange Act. The changes are meant to strengthen protections for investors and introduce new restrictions for issuers and sellers. Japan is taking up some changes to its existing cryptocurrency law. In light […]
Security Token Academy Unveils New Video Series
The Security Token Academy has released a new video series which highlights the leading companies in the security token industry. The collection of informative videos features dozens of industry leaders and their corporate members. You may remember that the Security Token Academy held its Industry Launch Event in October of 2018. The event was intended […]
Swarm Announces Collaboration with TRON
Branching Out Today, the digital securities sector was greeted with news from two big players in the blockchain industry. Swarm and TRON announced a collaboration. This partnership will see Swarm add TRON to their list of supported blockchains for token issuance. Already supporting Ethereum and Stellar, this move was undertaken with the intention of providing […]
Securitize Announces ‘Securitize Ready’ Network
Securitize has just announced the launch of a new program. Known as the ‘Securitize Ready’ program, it was launched with the goal of creating an diverse network, providing all of the services needed to manage digital securities. Joining the Party This endeavour is not solely that of Securitize. The entire purpose of the program is […]
