BnkToTheFuture, a fundraising platform for fintech and blockchain companies, is gearing up to enable security token offerings (STOs), the company said. Source
Today, tokenization and issuance platform, TokenSoft, has announced the launch of a new tool aimed towards facilitating activities undertaken by transfer agents. Source
“We think there’s a really interesting opportunity there for Coinbase […] in a nutshell, Coinbase is carefully exploring not only the IEO space but also STOs,” Kayvon Pirestani, the unicorn startup’s director of institutional sales said, with STOs being “security token offerings” — much like the securities seen in mainstream markets, except deployed on blockchain tech. Source
In a blogpost dated September 10th 2019, Blockstack announced that its SEC-qualified token offering has ended. More than 4,500 investors— including retail investors in the US— participated in the offering which raised over $23 million. Source
Harbor has pivoted from helping companies issue security tokens to helping them tokenize existing securities. Source
As of September 9th 2019, Dr. Wesley Snipes is teaming up with Liechtenstein Cryptoassets Exchange (LCX) to tokenize a $25 million movie fund. The fund will be used to invest in the production of both films and tv shows. Source