NBA security token sale flops
Spencer Dinwiddie was aiming to raise $13.5 million by selling 90 SD26 tokens priced at $150,000 per token—only 9 tokens were sold.
Latest security token offering News
Mauritius releases guidance for regulated security tokens
The 15-page document sets out how the new licensing structure would allow for fully-regulated trading of security tokens in the country.
Japan regulator certifies 2 new digital currency associations
Japan STO Association and Japan Virtual Currency Exchange Business Association are now formally recognized as self-regulatory groups.
Wesley Snipes blockchain makes movie funding easier than skating uphill
Wesley Snipes has teamed up with the Liechtenstein Cryptoassets Exchange to tokenize a movie fund built on a fully compliant security token offering.
Wayne Trench: Providing sophisticated security token solutions
Wayne Trench, CEO of OSL Brokerage, is trying to build a more mature and sophisticated brokerage system for securities trading.
Mauritius financial watchdog issues guidelines for STOs
The Financial Services Commission stated in the note that securities tokens are categorized as securities under the country’s Securities Act of 2005.
Taiwan to implement STOs, plans to introduce crypto laws by June
Taiwan will implement securities token offerings cautiously, the country’s Financial Supervisory Commission has revealed. It intends to introduce new laws for the crypto industry by June.
Hong Kong regulator reminds investors to be wary of security tokens
The Hong Kong Securities and Futures Commission has warned about the risks involved with security token offerings investment, noting that those issuing STOs have to be licensed or registered in Hong Kong.
Thailand approves first ICO portal, targets STOs next
Thailand’s Securities and Exchanges Commission has approved the first initial coin offering portal. And the commission isn't stopping there, promising to look into Security Token Offerings next.
Brazilian investment bank to issue $15M security token offering
Banco BTG Pactual announced plans for the security token, which will be backed by distressed real estate.
The best jurisdictions to launch a Security Token Offering?
An overview of the popular jurisdictions where a STO may be considered.
NASDAQ could launch regulated crypto platform: report
NASDAQ CEO Adena Friedman has warned about the issues associated with ICOs. However, the exchange might be prepared to support a different type of ICO, one that is regulated by financial authorities.