Security Tokens


Markets

Openfinance Warns It Will Delist All Security Tokens Without New Funds

Openfinance says it will delist all security tokens next month if it cannot secure enough fees from issuers to cover operating costs.

Openfinance launched its alternative trading system in 2018. (Credit: Andriy Blokhin / Shutterstock)

Finance

R3 Teams With Custodian Hex Trust to Help Asian Banks Sell Security Tokens

Hong Kong-based Hex Trust is partnering with the enterprise blockchain company to offer banking clients another option for issuing security tokens.

Singapore. (Credit: Shutterstock)

Policy

SEC Seeks More Feedback on tZERO's Proposed Security Token Exchange

The commission has extended a comment period on a proposed rule change to clear a regulatory path for the Boston Security Token Exchange, a tZERO-backed platform.

The Boston Security Token Exchange needs to provide more information about how it would operate, multiple comment letters stated. (Credit: Shutterstock)

Policy

Bank of Russia Says New Digital Assets Bill Will Outlaw Crypto Trading, Issuance

The central bank is in favor of digital securities, but maintains cryptocurrencies shouldn't be allowed in Russia.

Elvira Nabiullina, governor of the Bank of Russia.

Markets

Vertalo to Tokenize 22 Securities Worth $200M on Tezos Blockchain

Transfer agent Vertalo will tokenize 22 different private securities on Tezos after a new partnership with DealBox.

Vertalo Chief Executive Dave Hendricks (middle), co-founder William Baxter (second from left) and other Vertalo employees.

Policy

tZero-Affiliated Firm Hopes SEC Will Pass Updated Proposal for Security Token Platform

The Boston Options Exchange modified its plan to launch a security token exchange, increasing its required market makers and bringing its listing standards closer to the NYSE's.

Credit: Shutterstock

Finance

INX's $130M IPO to Launch Next Month as Exchange Seeks NY BitLicense

Crypto exchange INX is targeting an April launch date for its $130 million IPO, potentially the industry’s largest registered securities sale ever.

OLD MEETS NEW: INX's security token will run on the Ethereum blockchain, but it's hired a European investment bank to act as lead underwriter.

Finance

Startup Tokenizes $2.2B in Commercial Real Estate Through Polymath

Currently, the tokens are only available in pre-sale. Red Swan is holding investors’ funds in escrow and plans to distribute shares in April.

Red Swan CEO Ed Nwokedi. (Credit: Red Swan)

Finance

Stellar Invests in Security Token Platform Targeting Developing Markets

The investment will help DSTOQ fund new technology and expansion into local markets.

Stellar Development Foundation CEO Denelle Dixon speaks at Stellar Meridian 2019, photo by Brady Dale for CoinDesk

Policy

Malta's Financial Watchdog Highlights Obstacles to Security Tokens After Industry Consultation

The Malta Financial Services Authority released a statement on Tuesday, unveiling industry recommendations on security token offerings within the country.

Valletta, Malta