On August 12, Overstock opened up trading on its security token market tZERO to retail investors. While the platform went live in January, only accredited investors have been allowed to trade on it until now… But the one year lock-up period for its 2018 STO has passed. To boost trading activity on tZERO, Overstock announced a plan to issue digital shares as a form of dividend to all its shareholders.Read Now
Security tokens are a multitrillion-dollar industry in the making. They offer the benefits of a blockchain-based asset… but with the security improvements crypto investors have been waiting for. Like stocks, they’ll be subject to securities regulations—offering investors more liquidity and transparency.
Below, you’ll find curated news on the most exciting developments in this sector... as well as articles to help you unravel the complex technology behind digital assets.
As you’ll see, the possibilities for this technology are endless...
Binance US is proceeding rapidly in its efforts to launch a cryptocurrency exchange in the U.S. The exchange is currently evaluating 30 potential coins to be listed on its U.S.-based platform, including Bitcoin (BTC), Ethereum (ETH), and stablecoins like USDC and PAX, as well as Binance’s own token BNB. The official public launch date for the U.S. platform is yet to be decided.Read Now
MERJ is a recently launched exchange, clearing agency, and registry in full compliance with the Seychelles Financial Services Authority. It announced the official listing of its own tokenized security… and is in discussion with several companies planning to list their tokenized shares on its exchange.Read Now
Libra is being hyped as “Facebook’s bitcoin,” but it’s really a proposal for a global payments system controlled by a small and exclusive club of private firms. Politicians and regulators have attacked Libra, citing concerns about it being a cryptocurrency… But it’s essentially a prepaid digital token, “minted” when people put up state-issued currencies to buy it.Read Now
With a groundbreaking digital dividend, blockchain trailblazer Overstock.com is driving existing shareholders to its new trading platform… offering individual investors revolutionary opportunities over a blockchain-based systems.Read Now
RISE Wealth Technologies is developing machine learning and artificial intelligence led trading strategies… allowing retail investors to manage crypto portfolios and analyzing the performance of cryptocurrencies and stock markets. Now the FinTech startup is looking to raise $120 million through an STO. If successful, it would be the largest European STO to date.Read Now
Walmart has applied for a cryptocurrency patent that bears some similarities to the Libra token proposed by Facebook. The filing suggests the proposed coin could help provide finance for those with limited access to banking services—most likely an effort to appeal to the public (and regulators).Read Now
Securitize, a firm that enables the issuance and management digital securities, announced its tenth on-chain digital asset: Curzio Equity Owners (CEO). The token represents an equity stake in our investment research publishing firm, Curzio Research. We’re not alone… In the past quarter, Securitize forged partnerships with 17 companies to securitize their assets, with details forthcoming.Read Now
In addition to buying, selling, sending, receiving, and storing cryptocoins, tZERO Crypto App comes with biometric authentication for added security and ease of use. There are also plans for a private key recovery system to allow users to restore their assets in the event that they lose their private keys or mobile phone.Read Now
Coinbase added about eight million new users in the past year… and the number of users on the crypto exchange is now over 30 million to date, with over $150 billion traded in cryptocurrency. Founded in June 2012, Coinbase is one of the most popular crypto exchanges globally, with adjusted trading volume of around $350 million.Read Now
Fidelity’s cryptocurrency investment arm—Fidelity Digital Asset Services (FDAS)—filed an application with the New York Department of Financial Service to be allowed to offer crypto-custodial services in the state. The approval would also allow FDAS to compete with the likes of Coinbase, Gemini and Paxos… and could mean mass crypto adoption is on the way.Read Now
Coinbase is a major American crypto exchange and wallet service… And its CEO has a vision of a more universal entity driving adoption to crypto. Coinbase’s future mission is to help grow the global crypto economy by connecting people in the market and expanding crypto community to help people use cryptocurrencies for more than just buying and selling.Read Now
STOs are regulated and monitored, so while they may resemble ICOs on the surface, they remain fundamentally different. The STO sector has been recognized by many as a growing trend… And qualified investors are being greeted with fantastic opportunities that would not have been made available in the past. Here are some companies that recently stepped up to the STO plate.Read Now
STOs and ICOs are both fundraising methods where capital is raised in return for a digital asset. In 2018, ICOs raised nearly $8 billion… But now they raise about 58 times less, and the STO has emerged. So far, 64 STOs have raised a total of $1 billion. In Q1 of 2019 alone, STOs saw a 130% increase. Learn the difference between the two...Read Now
Leave it to the head of the printing press to talk about value… Federal Reserve Chairman Jerome Powell testified before the Senate Banking committee on July 11. In a statement that will make gold bugs crazy and crypto enthusiasts cheer, Powell compared Bitcoin to gold. He also shared what he thinks may be the future of U.S. currencies...Read Now
Last week, Blockstack announced the first-ever SEC-qualified Reg A+ token offering. Already, the Props Project has announced the second. The Reg A+ platform lets companies raise up to $50 million from retail investors, as opposed to only from accredited investors. Security tokens incorporate the SEC’s existing regulations… While ICOs now raise 58 times less than they did just over one year ago, STOs have raised nearly $1 billion to date—with data suggesting enormous potential.Read Now