Tagged: digital securities

June 24, 2021 @ 11:06 pm By Omar Faridi  |  

Hg Exchange (HGX), a private securities exchange established by a group of capital market intermediaries, reveals that it has graduated from the Monetary Authority of Singapore (MAS) Fintech Regulatory Sandbox with a Recognized Market Operator (RMO) license. With its RMO permit, HGX may now serve… Read More

June 22, 2021 @ 4:14 pm By JD Alois  |  

Brian  Korn has been a regular suspect on the Fintech trail for years. From the early days of online lending and securities crowdfunding, to the more recent rise of digital assets, Korn has provided counsel to emerging firms seeking to benefit from the Fintech revolution…. Read More

June 15, 2021 @ 3:17 am By Omar Faridi  |  

The Basel Committee on Banking Supervision, the main international standard-setter for the prudential regulation of banks and provides a forum for regular cooperation on banking supervisory matters (with 45 members comprising central banks and bank supervisors from 28 jurisdictions), has initiated a public consultation on… Read More

May 20, 2021 @ 6:52 pm By Samantha Hurst  |  

  iSTOX, a Singapore-based private capital platform, announced on Thursday it has rebranded to ADDX as it enters its next growth stage. As previously reported, ADDX describes itself as a future-ready capital markets platform that is set up usher in a new era for capital fundraising… Read More

May 18, 2021 @ 10:37 pm By Omar Faridi  |  

Deutsche Bank’s Securities Services business in Singapore and Hashstacs (STACS) have reportedly finalized their proof-of-concept (PoC), called Project Benja, on the use of distributed ledger technology (DLT) for crypto-assets and sustainability-related digital bonds. Set in the context of the nascent tokenized securities in the securities… Read More

May 17, 2021 @ 10:52 pm By Omar Faridi  |  

Figure Securities, a division of the digital lending service provider Figure Technologies, has reportedly acquired approval from the US Securities and Exchange Commission (SEC) to serve as a broker-dealer and also operate as an SEC-registered Alternative Trading System for digital securities that are custodied on… Read More

May 17, 2021 @ 9:46 am By JD Alois  |  

Invesdor has announced a new securities offering for shares in Foodtech NEOH while simultaneously stating they are “setting new standards in digital financing in Germany.” In 2019, the Nordic equity crowdfunding operation Invesdor Oy merged with German SME finance specialist Finnest. Invesdor is now pursuing… Read More

May 11, 2021 @ 1:22 pm By Omar Faridi  |  

The team at Security Token Market (STM), which offers the latest insights on the global security tokens space, has published the April 2021 edition of the Security Token Market Real Estate report. Security Token Market (stomarket.com) hosts live-trading data from 33 major security tokens across… Read More

May 4, 2021 @ 6:29 pm By Omar Faridi  |  

The team at Security Token Market (STM), which aims to offer the latest updates on the fast-evolving security tokens space, has released its monthly market report (for April 2021). As noted in the report, the total security token market cap stands at $696,625,920. The market… Read More

May 3, 2021 @ 10:47 pm By Omar Faridi  |  

CGS-CIMB Securities International, an integrated financial service provider based in Asia, and digital securities platform iSTOX have reportedly issued a short-term debt instrument as digital securities. The SGD 150-million (appr. $112-million) multi-tranche commercial paper will be used to cover operational costs and near-term obligations of… Read More

April 12, 2021 @ 9:20 am By JD Alois  |  

Binance has announced the launch of digital securities including fractional shares with zero commissions. The world’s largest digital asset exchange has taken a natural next step to offer investors both traditional and crypto-assets. Binance is providing the service in partnership with CM-Equity AG, licensed in… Read More

April 6, 2021 @ 9:25 pm By Omar Faridi  |  

The team at Security Token Market (STM), which is focused on the fast-evolving blockchain-enabled security tokens space, has published their monthly report. The report reveals that the total security token market cap (as tracked by stomarket.com) stood at  $613,442,470. The market cap monthly change was… Read More

March 19, 2021 @ 9:50 am By Omar Faridi  |  

Peter Gaffney from the Security Token Group (STG), which is focused on the emerging blockchain-based security token space, notes that the significantly outsized return potential of angel investing, venture capital, and private equity are “well-known” in the finance industry. Gaffney explains that traditionally, direct access… Read More

March 2, 2021 @ 6:13 pm By Omar Faridi  |  

Security Token Market (STM), which focuses on providing the latest updates on blockchain-based security tokens, reveals that the total security token market cap stood at $536,878,278 for the month of February 2021. The market cap monthly change was +6.42%. The total February 2021 trading volume… Read More

February 8, 2021 @ 11:54 pm By Omar Faridi  |  

Last week, the “next-generation” securities exchange MERJ had revealed that they would be collaborating with the team at RedBlock Capital, which aims to focus on promoting the adoption of digital securities in major jurisdictions. Both companies are pioneers in the digital securities sector, and both… Read More

February 3, 2021 @ 11:55 pm By Omar Faridi  |  

Switzerland-based Sygnum Bank, a licensed digital asset bank founded on “Swiss and Singapore heritage” operating globally, and Fine Wine Capital, a privately-held specialist trading firm with a special focus on the fine wine market, have reportedly tokenized a range of premium investible wines. This initiative… Read More

February 3, 2021 @ 11:50 am By JD Alois  |  

Last month, the Luxembourg parliament approved legislation that enables securities to be issued and managed using distributed ledger technology or blockchain. According to CMS Luxembourg the law: Modernizes the Luxembourg law of 6 April 2013 on dematerialized securities (the “2013 Law”) by inserting a definition… Read More

February 1, 2021 @ 8:30 am By Omar Faridi  |  

We recently connected with Dr. Amrit Kumar, President and Chief Scientific Officer of Zilliqa, an enterprise-grade blockchain development platform. Many of the more popular iterations of blockchain are not sufficiently robust to handle the high transaction rates needed today – not to mention what businesses… Read More

January 24, 2021 @ 11:53 pm By Omar Faridi  |  

European real estate firm Vonovia has reportedly issued a €20 million digital bond on the Stellar blockchain or distributed ledger tech (DLT) platform through a partnership with firstwire, a web-based marketplace for handling debt financing, and Bitbond, which is Germany’s tokenization and digital asset custody… Read More

January 24, 2021 @ 7:59 pm By Omar Faridi  |  

Singapore-based iSTOX, a blockchain-powered digitized securities platform, has finalized a $50 million Series A funding round with participation from two state-backed investors based in Japan. As noted by the company’s management: “iSTOX is a future-ready capital markets platform set to usher in a new era… Read More