In an attempt to improve its cash burn rate, tZERO has slashed its headcount and asked senior staff to take equity as it prepares for a new raise.
SEC Registered Broker-Dealer Is Launching a Security Token Platform
As a registered broker-dealer, Watchdog Capital said it is in a position to offer a whole host of SEC-exempted offerings for security tokens.
Ultra-Rich Monaco Wants to Fund Social Impact Projects With Security Tokens
Monaco’s Office of Digital Affairs has signed a memorandum of understanding (MoU) with Luxembourg-based blockchain startup Tokeny.
Ultra-Rich Monaco Wants to Fund Social Impact Projects With Security Tokens
Monaco’s Office of Digital Affairs has signed a memorandum of understanding (MoU) with Luxembourg-based blockchain startup Tokeny.
Germany’s Neufund Shuts Down Security Token Platform, Saying BaFin Failed to Act
Citing regulatory concerns, Berlin-based security token startup Neufund has announced plans to freeze its fundraising campaigns and sideline future tokenized equity offerings.
Stellar Proposes Changes Allowing Exchanges to Better Enforce Regulations
If approved, a new Stellar upgrade means exchanges can prevent investors purchasing more than they are legally allowed to.
Mauritius Releases Guidance for Regulated Security Token Offerings
Mauritius’ financial watchdog has developed a licensing framework for security token trading systems and issuers.
Tokensoft Teams With Signature Bank to Launch Real Estate Security Token Platform
Tokensoft has partnered with New York-based Signature Bank in a bid to make security tokens click for real estate investors.
DTCC Considers DLT Use in Securities Trading With 2 New Studies
DTCC, the plumber to capital markets’ quadrillion-dollar pipes, is wondering if DLT can boost securities processing
Polymath Eyes June Testnet Launch for New Blockchain Designed for Security Tokens
The firm is soon to launch the first test network for its new blockchain designed to bring new safeguards for financial institutions working with security tokens.
Overstock Files to Dismiss ‘Meritless’ Fraud Lawsuit Over Its Security Token Sale
The e-commerce giant is hoping to persuade a judge in the Utah District Court to throw out a class-action securities fraud lawsuit, claiming the defendants have not backed up their allegations with evidence.
Securitize Builds Digital ID Service in Hopes of Creating Industry Standard
Securitize is rolling out a digital ID service so issuers, investors and other players in the security token market don’t have to keep sending the same documents to every company they deal with.
TokenSoft Expands Security Token Services to Europe With New Swiss Entity
Security token platform TokenSoft is expanding its services to Europe using a new Swiss entity, licensing its software through a local partner.
US Regulator Clears Security Token Trading System to Launch
North Capital received regulatory approval to launch an alternate trading system for security tokens.
Securitize Users Can Now Directly Trade Security Tokens With Just a Web Link
The peer-to-peer trading service allows investors to directly trade security tokens directly and simply.
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.
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.
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.
Bank of Russia Says New Digital Assets Bill Will Outlaw Crypto Trading, Issuance
Bank of Russia is in favor of digital securities, but maintains cryptocurrencies shouldn’t be allowed in the nation.
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.