How to Run a Successful Security Token Offering in Compliance with New SEC Guidance

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How to Run a Successful Security Token Offering in Compliance with New SEC Guidance
With this tremendous growth and the widespread availability of crypto technology, STOs may soon be a viable way for most companies to raise revenue. However, some aspects of the STO bear a bit of explaining beforehand.
How to Run a Successful Security Token Offering in Compliance with New SEC Guidance

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Source: CoinSpeaker

Brazil’s BTG Pactual Selling $1 Billion in STOs Using Tezos Blockchain

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Brazil’s BTG Pactual Selling $1 Billion in STOs Using Tezos Blockchain
The Tezos Foundation announced signing a $1 billion deal with South America’s largest standalone investment bank, Banco BTG Pactual, and the Dubai asset management firm Dalma Capital to use Tezos blockchain for Security Token Offerings (STOs).
Brazil’s BTG Pactual Selling $1 Billion in STOs Using Tezos Blockchain

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Source: CoinSpeaker

Hedge Against the Stock and Crypto Markets with This Massive (Tokenized) Copper Mine

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Hedge Against the Stock and Crypto Markets with This Massive (Tokenized) Copper Mine
In this article, you’ll find out how to minimize your overall portfolio risk with a hedge against the stock and cryptocurrency market using innovative implementation of blockchain tech.
Hedge Against the Stock and Crypto Markets with This Massive (Tokenized) Copper Mine

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Source: CoinSpeaker

SIX Stock Exchange Set to Introduce a Swiss Franc-Pegged Stablecoin

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SIX Stock Exchange Set to Introduce a Swiss Franc-Pegged Stablecoin
SIX is going to create its own Swiss franc-pegged stablecoin that will help to facilitate transactions on the SIX Digital Exchange (SDX).
SIX Stock Exchange Set to Introduce a Swiss Franc-Pegged Stablecoin

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Source: CoinSpeaker

Why IEOs Might Drive New Investors to the Crypto Market

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Why IEOs Might Drive New Investors to the Crypto Market
In this article, we will be exploring the main reasons why IEOs may, in fact, drive a flock of new investors into the crypto market.
Why IEOs Might Drive New Investors to the Crypto Market

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Source: CoinSpeaker

The SEC-Registered Long-Term Stock Exchange: Another Try to Encourage Crypto Investments

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The SEC-Registered Long-Term Stock Exchange: Another Try to Encourage Crypto Investments
SEC-approved Long-Term Stock Exchange set to enable companies raise funds using traditional means and empower investors committed to long-term success.
The SEC-Registered Long-Term Stock Exchange: Another Try to Encourage Crypto Investments

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Source: CoinSpeaker

Blockstack Set to Raise $50M Via World’s First SEC-Approved Crypto Token Sale

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Blockstack Set to Raise $50M Via World’s First SEC-Approved Crypto Token Sale
Blockstack is likely to set a new precedence in the ICO Industry to be the first company to conduct its token sale under the SEC Regulation A+ framework.
Blockstack Set to Raise $50M Via World’s First SEC-Approved Crypto Token Sale

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Source: CoinSpeaker

Asset Providers Can Now Issue Security Tokens on Tron Blockchain

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Asset Providers Can Now Issue Security Tokens on Tron Blockchain
The partnership between Tron and Swarm will offer asset providers a possibility to issue security tokens on the Tron network.
Asset Providers Can Now Issue Security Tokens on Tron Blockchain

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Source: CoinSpeaker

UAE is the Next Blockchain-Crypto Superpower

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UAE is the Next Blockchain-Crypto Superpower
According to Gregory S Mathew, blockchain expert and professional tech researcher, the United Arab Emirates are the next superpower not only in the global economy, but in blockchain and crypto spheres as well.
UAE is the Next Blockchain-Crypto Superpower

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Source: CoinSpeaker

Hong Kong Releases New Guidance on STOs

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Hong Kong Releases New Guidance on STOs
Hong Kong’s Securities and Futures Commission (SFC) has published detailed guidelines for security token offerings (STOs).
Hong Kong Releases New Guidance on STOs

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Source: CoinSpeaker

Top Five Delusions About Security Tokens Clarified

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Top Five Delusions About Security Tokens Clarified
In this guest post, you’ll find clarification of some of the most widespread delusions about security tokens shedding light on some of its actual characteristics.
Top Five Delusions About Security Tokens Clarified

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Source: CoinSpeaker

DX.Exchange Captures Institutional Investors With its New STO Platform

DX.Exchange was on rich bulletins this year with the launch of stocks and ETF trading. It is a crypto platform from Estonia and has today announced the launch of its own security token.
Secondary Trading of Security Tokens
Per the announcement, the exchange is allowing the secondary trading of security tokens via its platform, means that the companies can list their security tokens on DX.Exchange which had previously issued on other platforms.
Moreover, the platform is launching its own native security token called IGWT token since it is on-boarding the security token trading for institutional investors. Consequently, such professional and institutional investors can buy security tokens on the exchange for fiat, Bitcoin (BTC), Ethereum (ETH), Tether (USDT) and XRP. Moreover, in the near future, the firm will introduce its own technology for asset tokenization.
“Now, blockchain and crypto entrepreneurs are looking at raising funds via Security Token Offerings (STOs). STOs are swiftly replacing ICOs. The noticeable shift is largely driven by softening demand from retail investors for ICOs, due to lack of investor confidence.”
As confirmed at the Token2049 conference (held on March 13 and 14 in Hong Kong), the listing of security token will begin this week –Such security token listing and trading would be the first of its kind in cryptocurrency exchange platforms. However, the service would be specifically for professional and verified institutional investors but remained unavailable for retail investors.
DX.Exchange Launches Security Token
So-Called IGWT native token is an acronym for ‘In God We Trust’ which will enable firms to raise money. Initially, 18 million IGWT tokens will be released and sold privately, holding 10 percent as the company’s profit which will be distributed to the token holders regularly.
The firm will most likely launch the platform in April this year but at the moment it is operating its services with approximately 8000 pre-registered users. DX.Exchange is partnered with MPS Marketplace Securities Ltd registered in Cyprus. As per the announcement, US STOs will be tokenized vie Ethereum blockchain and ERC-20 backed Real-world stocks which are bought and held by DX.Exchange’s brokerage MPS MarketPlace Securities Ltd.
Moreover, the platform isn’t planning to offer its services to the U.S service due to the country’s regulatory issues. DE.Exchange’s co-founder Daniel Skowronski further notes that;
“Our vision is to bridge the gap between the old world and the new digital world. We believe that all assets whether its securities, art or real-estate will be tokenized. This tokenization has many benefits but the strongest is the ability to help create wealth for people all over the world no matter their social economic situation.”
The post DX.Exchange Captures Institutional Investors With its New STO Platform appeared first on Coingape.
Source: CoinGape

PwC’s Strategy& Report: A Whooping $20B was Collected via Over 1132 ICOs and STOs in 2018

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PwC’s Strategy& Report: A Whooping $20B was Collected via Over 1132 ICOs and STOs in 2018
Experts of PwC’s Strategy& and Swiss-based CVA have explained why there is no fundamental difference between ICOs and STOs.
PwC’s Strategy& Report: A Whooping $20B was Collected via Over 1132 ICOs and STOs in 2018

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Source: CoinSpeaker

Thai SEC Approved First ICO Portal but Remains Unnamed

Thailand’s Securities and Exchange Commission (SEC) reportedly said yes to country’s first initial coin offering (ICO) portal. The portal would oversee the issuance blockchain based tokens.
SEC’s Approval for Unnamed ICO Portal
However, it is delayed but SEC Thailand has finally approved the dedicated ICO portal which was announced in late last year. It’s worth to note that this dedicated ICO portal is yet to be named.
The ICO portal with Thai SEC’s approval is on forwarding step – nevertheless, the approval from other central agencies such as Commerce Ministry is still pending. As for now, the status of ICO portal is almost ready but one step away – as the other agencies are yet to approve it. However, Archari Suppiroj, director of the fintech department at the SEC confirm that other bodies are also reviewing to offer green signal. Nevertheless, the time-frame of ICO project from this portal is not specifically determined, but the director hints as near future. Suppiroj Said;
“The first ICO deal will be available for [a] public offering in the near future under the digital asset royal decree…
Per the announcement, the portal will be held responsible to review ICOs, prove smart contract source codes, conduct due diligence, and also screen know-your-customer process (KYC). Concerning the trends of ICO and the concept it carries, she said;
ICO market has started to graduate from project-based and intangible ideas to ICOs backed by physical assets such as real estate.
Also Read: Thai SEC Revealed Eligible Cryptocurrencies for ICO Investment, Banned 3 Major Coins
Guidelines on STO is on Way
While Thailand SEC’s approval is only concerning the ICO, the concept of tokenization will not be served under this – since the law for securities is different. In particular, companies with STO will have to register under the Securities and Exchange Act in Thailand.
However, more likely, the regulators will soon issue separate guidelines for Securities token offering (STO) as well. As confirmed by Archari Suppiroj;
In the future, the SEC will issue a criterion that allows companies to apply tokenization to securities and other assets. This will help bridge the digital asset royal decree and securities law.”
The post Thai SEC Approved First ICO Portal but Remains Unnamed appeared first on Coingape.
Source: CoinGape