Infinite Fleet, under CEO Samson Mow, announced it would use the security tokens issued by STOKR as development funds. Infinite Fleet, a space adventure game, is partnering with blockchain marketplace STOKR to launch a security token offering (STO). In an April 20 blog written by Infinite Fleet, the gaming company announced it would use the…
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German firm Black Manta Capital Partners has launched a security token offering for $12 million worth of Berlin real estate. Germany’s Black Manta Capital Partners has launched a security token offering (STO) for Berlin real estate worth more than $12 million. The project is a collaboration with the German real estate firm Tigris Immobilien and…
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French regulators are considering a regulatory sandbox meant to study the impact of security tokens in the European Union. European businesses may soon have a new jurisdiction in which to experiment with security tokens while regulators evaluate the pros and cons. France’s markets regulator, the Autorité des Marchés Financiers — or AMF — is considering…
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Real estate marketplace Red Swan has partnered with security token firm Polymath to tokenize $2.2 billion in assets including apartments and a hemp farm. Texas-based Commercial Real Estate (CRE) marketplace Red Swan has tokenized $2.2 billion worth of real estate assets in partnership with security tokenization firm Polymath. Red Swan said it has 30,000 accredited…
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With the final verdict on TON expected before April 30, most crypto analysts believe that the court’s decision will favor the U.S. SEC. The United States Commodity Futures Trading Commission has recently weighed in on the Security and Exchange Commission’s ongoing legal battle with Telegram by filing a letter that contained its views on the…
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ConsenSys, a major blockchain firm founded by Ethereum co-founder Joseph Lubin, has acquired SEC-registered broker-dealer Heritage Financial Systems. ConsenSys, a major blockchain firm founded by Ethereum co-founder Joseph Lubin, has acquired an American broker-dealer, Heritage Financial Systems. Heritage, a broker-dealer registered with the United States Securities and Exchange Commission (SEC), has been acquired by ConsenSys’s…
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Security token offerings are beginning to provide stiff competition to IPOs. Could they become the norm? For businesses about to embark on periods of rapid growth, access to capital is essential. That said, traditional methods of fundraising sometimes leave a lot to be desired. Initial public offerings can help boost the profile of fledgling brands,…
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The country that tried to ban Bitcoin in 2013 is now home to some of the world’s most permissive ICO regulations. After initially seeking to ban Bitcoin in 2013, Thailand has since developed a permissive regulatory apparatus for digital currencies and cryptocurrency fundraising methods. Thai financial services firm Seamico Securities recently announced that it has…
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The share of investments in IEO is becoming much larger and catching up with the IPO market indicators with the mass adoption of “multiple IEO” and STEO trends. The second quarter of 2019 demonstrated a growing popularity of the initial exchange offering (IEO), which has replaced the outdated initial coin offering (ICO) model. The new…
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Leading Japanese financial firms like Monex Group and SBI Securities are forming a regulatory body for security token offerings. Leading Japanese companies are forming a regulatory association for security token offerings (STO). On Sept. 30, the Nikkei Asian Review reported that firms such as SBI Securities, Nomura Securities, Monex Group and Daiwa Securities Group are…
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