Top 6 Security Tokens News – Weekly Digest (9 – 15 September)

Investing Platform BnkToTheFuture to Enable Security Token Offerings

BnkToTheFuture, a fundraising platform for fintech and blockchain companies, is gearing up to enable security token offerings (STOs), the company said. Source

TokenSoft Launches ‘Security Token Administrative Panel’ for Transfer Agents

Today, tokenization and issuance platform, TokenSoft, has announced the launch of a new tool aimed towards facilitating activities undertaken by transfer agents. Source

Coinbase Eyes Initial Exchange Offerings (IEOs) & Security Tokens

“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

Blockstack Raises $23 Million In The First-Ever SEC-Qualified Reg A+ Token Offering

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 Tokenizes Real Estate Funds Worth $100 Million on Ethereum

Harbor has pivoted from helping companies issue security tokens to helping them tokenize existing securities. Source

Wesley Snipes To Tokenize $25 Million Movie Fund With Security Tokens

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