According to recent data analysis by inwara, Security Token Offerings (STOs) experienced a notable surge in the first quarter of 2019. With an increase of 130% and a simultaneous drop in Initial Coin Offerings (ICOs), STOs are beginning to actualize their potential through real-world implementation. The following is a statistical breakdown featuring some of that implementation in Q1 2019. Source
DESICO has just announced another security token offering, set to take place on their platform. In the coming weeks, investors will have the opportunity to purchase digital securities issued by Kriptomat. This announcement marks the second external, and third overall, STO to be announced by DESICO. The first being their own, the second by Paysera, and now Kriptomat.
Kriptomat has chosen the STO route, as they believe an invested user base will make their product more likely to succeed. A user base that stands to benefit from the growth of the platform, and isn’t disconnected from the success of Kriptomat, is more beneficial to all parties involved. Source
The U.S. Securities and Exchange Commission’s Strategic Hub for Innovation and Financial Technology (FinHub) just published a framework for analyzing whether digital assets offered and sold are securities.
According to the SEC, “the framework is not intended to be an exhaustive overview of the law, but rather, an analytical tool to help market participants assess whether the federal securities laws apply to the offer, sale, or resale of a particular digital asset.” Source
The first tokenized securities offering through the Smartlands Platform is officially live. The offering features a newly built student housing complex located in Nottingham, UK.
The PBSA features 124 student apartments which are located within walking distance of Nottingham Trent University. Construction of the property was completed in Q3 2018, and it is fully occupied for the current academic year. The private offering is currently underway, with a minimum investment of 25,000 GBP. A public offering will commence on May 6th, with a minimum investment of 1,000 GBP. Source