Security Token Market Cap Increases 170% for July 2020, Aggregate Rate of Return Up 30% Month over Month: Report

The Security Token Group (STG) has published the Security Token Market Report for July 2020. The team at STG notes that the aggregate trading volume for security tokens listed on increased 279.80% (month-over-month).

The report reveals that the aggregate market cap was up by 169.99% and the aggregate return of the 20 live-trading security tokens on recorded a net positive return of +30.32%.

The top-performing security tokens were tZERO (TZROP:tZERO): +233.33%, Overstock (OSTKO:tZERO): +193.37%, Blockchain Capital (BCAP:OpenFinance): +58.79%.

Meanwhile, the worst-performing tokens were Protos (PRTS:OpenFinance): -36.96%, (LDCC:OpenFinance): -10%, and Mt Pelerin (MPS:Uniswap): -8.96%.

The STG noted that they added two new tokens this past month (both from Tokensoft, an issuance platform).

As stated in the report, Tokensoft tokenized their seed and Series A equity rounds. They’re issuing the tokens to investors which will be traded peer-to-peer (P2P) through Tokensoft’s proprietary platform.

Tokensoft’s live client, Arca, tokenized a US Treasuries fund which is available to the public as an investment.

The total security token market capitalization (for the 20 tokens listed on stands at around $392 million. A total of more than $8 million was traded during July 2020.

(Note: For more details about the performance of security tokens, check here.)

The aggregate security token market cap had increased over 45% (month-to-month) to nearly $145 million in June 2020.

As reported in July 2020, blockchain-enabled security tokens outperformed the average of major US indices including Dow Jones, S&P 500, and Nasdaq in June 2020. The strong performance was driven by Overstock.

tZERO CEO Saum Noursalehi recently published an update on progress pertaining to the digital security platform. tZERO is part of Overstock (NASDAQ:OSTK), a company that has experienced a solid increase in its share price since the beginning of the year.

In a “Dear Investors” letter,  Noursalehi said the value of their blockchain-based ecosystem is “becoming increasingly relevant as companies remain private longer, while their investors have limited options for secondary liquidity.”

Noursalehi said that tZERO’s Alternative Trading System (ATS) is currently transacting hundreds of thousands of trades each month and growing rapidly.

Overstock said during its July 30, 2020 earning call that they are generating sustainable profitable growth.

The company currently claims over 95% of security token trading volume via the tZERO ATS. The trading platform recently signed its first 3rd party issued security token, Aspen Digital, to trade on its marketplace.

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