Search Results for: security token offering

September 13, 2019 @ 9:54 am By Omar Faridi  |  

Hong Kong-based fundraising platform BnkToTheFuture is planning to facilitate security token offerings (STOs). The move will be facilitated by a strategic investment in Diacle. Founded in 2013, Diacle is an appointed representative of Met Facilities LLP, which is authorised and regulated by the UK Financial… Read More

August 27, 2019 @ 10:00 am By JD Alois  |  

TokenSoft, a security token issuance and management platform for digital securities, is now accepting stablecoins approved by regulators like the New York Departments of Financial Services (NYDFS). These include the Gemini Dollar (GUSD), USD Coin (USDC) and Paxos Standard (PAX). Investors may now participate in… Read More

August 1, 2019 @ 2:17 pm By JD Alois  |  

InsurTech Assurely has partnered with PrefLogic to advance the digital securities market. PrefLogic will integrate Assurely’s TigerMark insurance policy. This means that security token issuers will be protected from covered investor complaints and legal attacks while investors will have the ability to leverage the company’s… Read More

July 25, 2019 @ 11:30 am By JD Alois  |  

A security token offering backed by real estate has been launched by Property Token SA in Luxembourg. This is the first STO issuance in the Grand Duchy. The digital offering has been completed with the support of Tokeny Solutions, a law firm and consulting firm… Read More

July 22, 2019 @ 10:08 am By JD Alois  |  

Germany’s security regulator the Federal Financial Supervisory Authority (BaFin) has approved the prospectus of StartMark to pursue a security token offering (STO). The approval was received on July 15. This will be the 2nd STO receiving the blessing of BaFin as Bitbond recently became the… Read More

July 19, 2019 @ 11:53 am By JD Alois  |  

TokenMarket, part of the UK Financial Conduct Authority Sandbox program, is scheduled to close its own security token offering (STO) this coming Monday (July 22nd). TokenMarket launched its STO in early July seeking a max amount of £2 million. As it stands today, TokenMarket has… Read More

July 9, 2019 @ 7:48 am By JD Alois  |  

Bitbond’s security token offering (STO) closed yesterday raising over €2.1 million. The Bitbond Token was the first issuer to receive approval of a prospectus by Germany’s security regulator – BaFin. The STO was opened to the public in March of 2019. Bitbond has been regulated… Read More

July 7, 2019 @ 10:21 pm By Samantha Hurst  |  

Blockchain project Tezos Foundation announced last week that Banco BTG Pactual S.A., Latin America’s largest standalone investment bank, together with Dalma Capital, a prominent Dubai asset manager, will be using its platform for Security Token Offerings (STOs), including the ongoing REITBZ STO. Tezos reported that… Read More

July 5, 2019 @ 2:24 pm By JD Alois  |  

TokenMarket, a UK-based investment platform, is scheduled to kick off its security token offering (STO) this Monday (July 8), according to their website, closing on July 22nd. As previously reported, TokenMarket is seeking up to £2 million in equity in the company. TokenMarket reports that,… Read More

June 17, 2019 @ 10:43 pm By JD Alois  |  

Aspiring bank Mt Pelerin has announced a “one-stop shop” service to help companies tokenize and issue securities using blockchain tech. Mt Pelerin’s new tool is described as “giving companies of any size the possibility to access fundraising methods like IPOs more easily and without significant… Read More

June 10, 2019 @ 3:48 pm By Samantha Hurst  |  

TokenMarket, a UK-based global investment platform, announced on Monday it has received approval from the FCA to run its Security Token Offering (STO) in the regulatory sandbox. According to TokenMarket, the offering is being conducted under existing UK crowdfunding rules, allow for up to €8 million… Read More

May 27, 2019 @ 11:00 pm By JD Alois  |  

Bitbond, one of the very first regulated security token offerings (STOs) in Europe, is now offering an STO to Asian investors. According to a release from the company, Bitbond is raising €3.5 million in an STO to continue supporting SMEs in Asia with business loans…. Read More

April 19, 2019 @ 3:42 pm By JD Alois  |  

The Financial Services Commission of Mauritius has issued guidance on security tokens as part of their “Fintech series.” The Guidance follows the regulator’s recognition of digital assets as a unique asset class for investors. In March, the FSC issued a brief statement clarifying that a… Read More

April 17, 2019 @ 11:07 am By JD Alois  |  

ReitBZ, part of BTG Pactual, has announced that it has hit its USD $3 million “soft cap” goal. ReitBZ has set a hard cap of USD $15 million. ReitBZ is a security token offering based on real estate assets. More specifically, distressed real estate assets… Read More

March 18, 2019 @ 2:24 pm By JD Alois  |  

Verseon (AIM: VERS), a California based clinical stage pharma company, is issuing preferred shares. The company is using its own blockchain based subsidiary BlockRules to sell the securities in a security token offering (STO) that seeks to be “one of the first global offerings backed… Read More

March 18, 2019 @ 10:54 am By JD Alois  |  

Bitbond, an online lending platform, has launched one of Germany’s first Security Token Offerings (STO). The Bitbond STO has published a BaFin approved Prospectus in conjunction with the offering representing an important step in the validation of the emerging digital asset ecosystem. The Bitbond STO… Read More

March 14, 2019 @ 12:47 pm By JD Alois  |  

Tokenise, a UK based security token offering platform which is regulated by the Financial Conduct Authority, has announced the issuance of their first STO – KABN.  The company is a Gibraltar based financial service platform that is developing a suite of financial service products. These… Read More

March 9, 2019 @ 2:03 pm By JD Alois  |  

The initial coin offering (ICO) / Security Token Offering (STO) continues to endure a period of regulatory uncertainty. As things stand right now, ICOs are securities. End of story. If you completed an ICO after the Securities and Exchange Commission (SEC) issued the DAO Report… Read More

February 16, 2019 @ 8:24 am By JD Alois  |  

Yesterday, TokenMarket, a “Global investment platform” announced its intent to raise up to £10 million in a security token offering (STO). Perhaps the most interesting aspect of the forthcoming STO is the fact that TokenMarket will be issuing the securities under the watchful eye of the UK Financial Conduct… Read More

January 24, 2019 @ 8:41 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) has shut down a security token offering (STO) for a “regulatory breach.” MAS said the issuer in question failed to comply with advertising restrictions. Specifically, the STOs legal advisors promoted the offering on LinkedIn calling attention to the offering…. Read More