Platform Licensing It was recently announced by Globex, that they have successfully licenced their software ATS platform to First Growth Fund Limited. This platform is tailored specifically for dealing with blockchain-based digital securities. Being tailored for digital securities, the platform was built with the goal of offering end-to-end services for token issuers. This means token […]
Tag: STO
REMCO Software to see Security Tokens Listed on LATOKEN
Upcoming STO REMCO Software is in the midst of completing a ‘security token offering’. As you may know, this refers to a crowdfunding campaign tailored towards accredited investors. During the offering, investors are able to purchase digital securities in the form of a token, typically representative of equity shares within the issuing company – an […]
ICO Tokens Lost Momentum, But GBBC Survey Suggests Institutional Investors Will Get More Involved
The Global Blockchain Business Council (GBBC) recently held a survey to understand the needs and the future actions of institutional investors in the cryptocurrency world. The GBBC learned in this study that 19% of participants see digital assets as being a regular part of investments and trading by 2021. The survey took from December 2018 […]
Overstock.com Alternative Trading System (ATS) tZERO Suffers from Stale Markets as Price Hits a Low
Recent reports have shown that after about three weeks since the much anticipated start of an Alternative Trading System (ATS) for security tokens by Overstock.com, there haven’t been a lot of transactions with the platform. The system’s own tZERO Preferred (TZROP) has had its daily volume, oscillating between 7,000 and 23,000 units. On its own, […]
Will Cryptopia Really Be Able to Show How Disastrous the Hack Experienced Was?
In January 2019, the cryptocurrency exchange Cryptopia experienced a hack that resulted in the loss of several millions of dollars and that affected thousands of users in the market. Now, the New Zealand-based exchange informed that the police allowed employees to return their offices after the suspension of its operations last month. The information was […]
Swiss Exchange SIX to Incorporate Blockchain and Launch STO
SIX exchange is now launching a digital trading platform and plans to conduct a Security Token Offering (STO) in the latter half of 2019. Initial trading is likely to include stocks, bonds, and funds, while future plans include assets outside the traditional securities domain. Details of Swiss Exchange SIX Launching STO Explained Switzerland-based SIX exchange […]
Coinsquare Acquires StellarX DEX, Will Add Securities Tokens “In Time”
The acquisition is the second Stellar-related purchase for Coinsquare in 3 months.
Is The Future Of Ripple’s XRP Coin In Jeopardy With JP Morgan’s Digital Asset For Financial Transactions?
JP Morgan could damage Ripple’s intention to become the new company that processes international financial transactions between companies and banks. JP Morgan Chase will be issuing its own digital asset called JPM Coin. According to the bank, the intention is to settle transactions for customers without having to wait long periods of time and reducing […]
JP Morgan Releases the First Ever Bank-Backed Cryptocurrency
Engineers at JP Morgan have unveiled their latest creation: the “JPM Coin.” The coin will be used to instantly settle transactions between clients on the JP Morgan Chase payment network. JPM Coin is the first bank-backed coin ever released. You may know JP Morgan Chase as the company whose head, Jamie Dimon, previously mocked Bitcoin […]
Crypto Analyst ‘The Cryptomist’ Predicts Bearish Outlook For Ethereum And Litecoin
Recent Gains Not Indicative Of Future Growth, Most Analysts Agree On Bearish Run The stock market is known for its capricious nature. Following a rally from last week, most crypto assets saw a surge in its prices. Bitcoin, Etherum, and Litecoin all saw prices surge up in double digits during this period. While this has […]