NEO Global Development (NGD), NEO’s investment arm, has just announced it is investing and partnering with Liquefy. The purpose of the collaboration is to develop security tokens on the NEO network.
Security tokens are finally coming to the NEO blockchain. NEO Global Development (NGD) is now actively investing in fostering a security token ecosystem. Working with Liquefy, the blockchain is hoping to leverage its future NEO 3.0 update to make its network well-suited for security tokens. Source
TokenMarket, a UK-based global investment platform, announced on Monday it has received approval from the FCA to run its Security Token Offering (STO) in the regulatory sandbox. According to TokenMarket, the offering is being conducted under existing UK crowdfunding rules, allow for up to €8 million raised before the company has to do a prospectus. The company is reportedly seeking £2 million, with 964 interested parties. Source
Altcoin.io, a decentralized exchange (DEX) and peer-to-peer trading solution, announced today that global investment firm BnkToTheFuture has acquired its technology to build a compliant platform for trading security tokens while allowing investors to maintain custody of their own funds. Source
Smartlands, a global security token issuance platform, and Archax, a forthcoming institutional-grade digital assets exchange, have entered into a strategic partnership for Smartlands’ property-backed security tokens to be listed on the upcoming London-based Archax exchange for secondary trading. Source