Brock Pierce: Security Tokens Are Going To Give Birth to a Quadrillion-Dollar Market

Brock Pierce, the former child actor, American entrepreneur, and early adopter of Bitcoin (BTC), recently did an interview with Forbes where he talked about all things blockchain and what 2019 holds for the industry. According to Pierce, decentralized applications, security token offerings (STOs), and the gaming industry will see substantial development and growth in 2019. Dapps Will…

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PwC's Strategy& Report: A Whooping $20B was Collected via Over 1132 ICOs and STOs in 2018

Photo: Frank Friedrichs / Flickr Those who try to keep in touch with what is going on in the crypto world may have noticed that while initial coin offerings (ICOs) are losing their popularity, the popularity of security token offerings (STO) is increasing. ICO vs STO While many experts try to find and explain the…

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U.S. SEC Chairperson Jay Clayton Clarifies that Ethereum is Not a Security

Jay Clayton, Chairman of the U.S. Securities and Exchange Commission (SEC) has confirmed that Ethereum (ETH) doesn’t qualify as a security under the agency’s laws. The latest confirmation has cleared the air over the long going suspicion of treating ETH as a security. Last year in June 2018, SEC Director of Corporation Finance William Hinman also…

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Gladius Gets Reprieve from the SEC and Returns its 'Unregistered ICO' Cash

Photo: Pavlos Giorkas / Flickr On February 20, the Securities and Exchange Commission (SEC) charged Gladius Network LLC with carrying out an unregistered ICO. The cybersecurity company had raised $12.7 million, around 24,000 ETH at the time of sale. In a comprehensive press release, the commission explained that the ICO was not fully registered under…

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Shutdowns and Ascents: Will the Political Crisis in the US Give a Boost to the Crypto Market?

Photo: Unsplash Although the government shutdown in the US is officially over, the current state of affairs looks more like a shaky truce than the end of the hostilities. The Congressional Budget Office (CBO) estimates that the temporary halt in government operations will cost American economy at least $3 billion of the projected 2019 GDP….

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Coinbase, Ripple, and Other Big Names Invest $13M into Security Token Startup Securitize

Photo: Securitize / Twitter Securitize is a company that assists other firms with tokenizing assets and traditional securities. The funding round will help Securitize prepare for its planned launch of a Digital Security Offering (DSO) next year. According to the statement, the company believes that decentralized ledgers have the ability to bring instant transactions and…

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Bithumb Joins SeriesOne for a Compliant Security Token Exchange in the U.S

Photo: Bithumb / Facebook After being hacked for as much as $31 million, the notorious cryptocurrency trading platform Bithumb seems to recover from their latter misfortunes as the exchange has been expanding a partnership network focusing on the today’s hottest trend, a security token. It became known that the other day South Korean exchange has…

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Huobi Buys into Security Token Platform OpenFinance Network

Security token service OpenFinance Network has added digital asset marketplace Huobi to its list of financial backers. Singapore-based digital currency exchange Huobi has made an investment in newly launched security token trading platform OpenFinance Network (OFN). The official announcement from US-based OFN did not contain the financial parameters of the deal, but Huobi’s investment was…

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Malta Unveils World’s First Blockchain and Cryptocurrency Stock Exchange

Malta just rolled out the world’s first blockchain and cryptocurrency stock exchange. Operations are slated to commence in January 2019. Malta on Thursday unveiled the world’s first blockchain and cryptocurrency stock exchange as the Malta Stock Exchange (MSX) created a new subsidiary to take charge of the archipelago’s digital asset and fintech transactions. MSX’s Fintech…

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Blockchain Real Estate Platform: 'Security Token Would Kill Our Business'

Industry experts and lawyers discussed whether companies should issue security tokens in a panel debate at real estate-focused event BitcoinCRE on June 14. Part of London Tech Week, the event looked at regulations across the world and happened hours before Ether was declared ‘not a security‘ by the SEC. ‘A Security Token Would Kill Our Business’…

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Polymath Taps Crowd Machine to Power Regulatory Compliant Security Tokens – Blockchain News

Security token launchpad Polymath and Crowd Machine, the distributed computer for building decentralized apps at speed and scale, have forged a partnership to allow companies to easily issue white label, regulatory compliant tokens to raise capital, according to a press release Thursday. Polymath said its securities tokens are different from initial coin offerings (ICO’s) as…

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