In 2016, Bitfinex experienced a hack which shook the crypto world. 120,000 BTC was stolen in a heist which has been rivaled in scope only by Mt. Gox. Now, after over two years, U.S. law enforcement has retrieved a tiny portion of that stolen money. Although it’s utterly rare, law enforcement has successfully retrieved $120,000 […]
Tag: STO
Eyeing Digital Securities, Barbados Stock Exchange Chooses Blockstation
Blockstation Selected The Barbados Stock Exchange has recently announced that they have signed a Memorandum of Understanding (MoU) with Toronto based Blockstation. This agreement will see Blockstation provide the exchange with the tools and capabilities to support digital securities. Through the integration of Blockstation services into their longstanding secondary market platform, the BSE soon plans […]
Fluidity Factora to Utilize Dai Stablecoin in Security Token Offering
Factor-805 Fluidity Factora has announced their intent to tokenize a real estate opportunity in Brooklyn, New York. This property, being called Factor-805, is a 37-unit residential building. It represents one of the first projects to offer fractionalized ownership in U.S. based real estate, through the use of both digital securities and stablecoins. For those investors […]
Thailand’s National Legislative Assembly Green Lights Tokenized Securities
Thailand’s National Legislative Assembly approved an amendment on the Securities and Exchange Act on February 8. The amended act allows for securities issuances and tokenized securities to be built on blockchain technology. A corresponding platform is expected to also be launched this year. Thailand has recently taken a great deal of interest in blockchain technology. […]
Paysera to be First STO launched through DESICO
First in Line DESICO has just announced their first client, which will utilize their rapidly developing digital security platform. This company is known as Paysera – a global payment processor catering to over 250,000 clients. This relationship will see Paysera host a security token offering in April of 2019. Interestingly, this particular STO is geared […]
Inveniam Capital to Host $266 million Digital Security Offering
Tokenized Real Estate An announcement made today by Inveniam Capital Partners, has revealed that the group intends to tokenize $260 million worth of real-estate. The first chunk of which is a $66 million USD property located in Miami. The idea of tokenized real-estate is one of the most prevalent, and popular, in the growing world […]
Stablecoin Payment App ‘J-Coin Pay’ Available March 1st in Japan
Last week, Japan-based Mizuho Bank announced an official launch date of March 1st 2019 for the J-Coin Pay smartphone payment service. The application will be supported by a consortium of more than 60 financial institutions and will feature its own stablecoin, “J-Coin”. Details of Mizuho’s J-Coin Pay App Explained Mizuho Bank, a core subsidiary of […]
First Growth Funds Ltd Shares Grow 30% after Securing Funding
The Australian-based security token issuance and trading platform First Growth Funds Ltd continues to see momentum following this week’s announcement that the company had successfully secured a US$250,000 investment from GlobexUS Holdings Corp. First Growth’s shares saw a thirty-percent increase directly following the news. This growth demonstrates the rising level of interest surrounding blockchain-based securities., […]
Interview Series – Sebastiaan Lichter, Founder and Chief Product of Blockport
Sebastiaan Lichter is the Founder and Chief Product of Blockport. Blockport is an abbreviation for “Blockchain portal”, providing everyone access to the world of cryptocurrency and blockchain. AT: Blockport connects ‘social’ with ‘trading’. For our investors who are not familiar with Blockport, can you share with us the trading and social features that Blockport offers? SL: […]
Real Estate Security Token “Factor-805” Released, Brings DAI to Digital Securities
DAI, one of the most popular stablecoins on Ethereum, is finally breaking into the security token market. FACTOR-805 will be the first real-world asset to be tokenized with dividends paid in both DAI or fiat. It’s commonly been said that the security token sector will first impact the real estate space. After all, we’ve had […]