Security Token Market (STM), a security token research firm, has teamed up with “turnkey” security token platform, Digital Markets (DIGTL).
With “hundreds” of security token offerings (STOs) presently listed on the platform, STM has become an established marketplace to research and take part in the security token space, which is in its early stages of development.
As noted by STM, partnerships with infrastructure companies globally should help with offering “the breadth and depth of investment opportunities that investors and interested users seek.”
The Security Token Market team wrote in a blog that they’re looking forward to working with DIGTL in order to “help bring awareness to this incredible company and platform.” The team has been “quietly” building useful products and services “for the past several years and is now ready to share them with the world.”
As noted in the update from STM:
“DIGTL, put simply, is an end-to-end solution that creates a clear, seamless path to liquidity.”
The announcement also shared the following details:
- Issue: Through their easy-to-navigate portal, you can tokenize and manage your digitized cap table, at no cost
- Raise: Within this same platform, issuers can “conduct compliant fundraising campaigns”
- List: DIGTL can “help you list on a blockchain-based stock exchange, such as MERJ.”
- Trade: Through DIGTL’s proprietary tech, issuers have “the ability to create their own marketplace to facilitate compliant trading on their web properties.”
Security tokens have great potential in updating capital market infrastructure, and DIGTL “plays a key role in that,” according to Kyle Sonlin, CEO of Security Token Market.
“The firm was instrumental in bringing Curzio Research’s $CEO token to market, and they continue to influence the growth of the tokenized economy through investment and collaboration in the larger ecosystem. Partnering with industry-leading company to build content streams making capital markets more inclusive for investors and issuers worldwide is one of Security Token Market’s top priorities. We’re so excited to see the growth in blockchain and tokenization.”
Despite offering good opportunities to lower overall costs and provide efficiencies in the issuance process for issuers and financial service providers, security tokens have yet to enter the mainstream “in the way that cryptocurrencies or NFTs have.”
The announcement further noted that “one reason for this is the absence of working products within a wholly viable ecosystem, which DIGTL claims to have solved, with its partners, through an end-to-end security token platform that can take an issuer from security token issuance, through its seed investment, crowdfunding campaigns and Series A-E private placements, straight onto global digital stock exchanges for the ultimate liquidity event: a global IPO or direct listing.”
The update also mentioned that the lack of “clear communication from industry experts to fully convey the benefits of tokenization and relate it to a retail investor audience has played a significant role in the slow adoption of the security token industry.”
“DIGTL is thrilled to work with Security Token Market to create compelling and engaging content for the greater fintech community,” according to James Wallace, CEO of DIGTL.
Wallace further revealed:
“We are working with some exciting clients and believe that the security token movement will create a paradigm shift for capital formation and investment. Our goal is to radically simplify what used to be a complex process, solely controlled by venture capital funds and investment banks, in order to help issuers and asset managers understand the power and benefits of joining democratized finance. Never before could small-cap equities, novel commodities, real estate portfolios, and other exotic assets trade globally with the efficiency of the stock market”
Security Token Market has introduced its Partnership Network to “shine a light on some of the top-tier businesses driving the adoption of game-changing technology in the security token industry.”
As stated in the update:
“By leveraging our community of thousands of entrepreneurs, academics, investors, and enthusiasts, we can continue to drive the narrative of tokenization in a positive direction and maintain constructive discourse with regulators and innovators to spur additional momentum for the industry.”