NEWS  |  02.07.19  |  Bitcoinist

Swiss stock exchange to launch its own security token this year

Switzerland’s Stock Exchange (SIX) wants to have its own security token offering in the second half of 2019. This would coincide with the launch of its SIX Digital Exchange (SDX) platform for trading digital assets. SDX is likely to begin by offering trading in selected stocks, followed by other stocks, bonds, and potentially exchange-traded funds. Previously, the exchange has stated that SDX will enable tokenization of existing securities and other non-bankable assets.

Read Now
NEWS  |  02.04.19  |  Cryptovest

Wyoming lawmakers pass bill recognizing cryptos as legal property

Wyoming has become the first U.S. state to recognize cryptocurrencies as legal property and subject them to some of the rules governing fiat money. A bill titled “Digital Assets” was passed by local lawmakers in a 28-1 vote last Thursday. According to the state legislature website, the document formally classifies cryptocurrencies into three categories: digital consumer assets, digital securities, and virtual currencies.

Read Now
NEWS  |  02.02.19  |  Cryptonews

Crypto in 2019: Main trends in token sales

In the first 11 months of 2018, token sales as a whole (including private sales and venture capital) totalled $23.3 billion. However, given recent volatility and bearish sentiment, the new year is set to change how the ICO market is structured, with stablecoins and security tokens gaining in prominence, and with individual investors increasingly forced to pay more attention to the long-term prospects of new projects.

Read Now
NEWS  |  02.01.19  |  Crowdfund Insider

tZero’s brokerage partner Dinosaur is part of a group that operates an FCA regulated digital challenger bank

When tZERO announced the commencement of trading it “buried” the fact that Dinosaur is also a digital-only challenger bank. The digital banking sector of Fintech is red hot, especially in the U.K.. Pretty much everyone understands that the bank of the future exists solely on your iPhone or Android device … except for some of the traditional banks.

Read Now
NEWS  |  02.01.19  |  City & State NY

Can New York lead in cryptocurrency?

With recent developments in the sector, the outlook for attracting crypto startups to New York may soon be brighter. “A lot has changed in blockchain, a lot has changed in cryptocurrency,” Assemblyman Clyde Vanel said. “[Previously], we only were dealing with Bitcoin. There was no Litecoin, there was no Dash, there was no Zcash… There were no utility tokens, there were no security tokens.”

Read Now
NEWS  |  02.01.19  |  Coindesk

IBM completes blockchain trial tracking a 28-ton shipment of oranges

IBM has completed a trial of blockchain technology to track a 28-ton shipment of mandarin oranges from China to Singapore. The main shipping document, the bill of lading, was recorded on a blockchain. This document is normally mailed to all parties involved in the shipment, including banks providing trade financing. For the pilot, IBM created an electronic bill of lading, or e-BL, which helped reduce and speed up administrative processes “to just one second”—while the standard paper-based procedure takes five to seven days.

Read Now
NEWS  |  01.27.19  |  The Tokenist

Stock Exchange of Thailand announces plan to obtain “digital assets operating license,” will support tokenized securities

There is currently a race over which country will become the leading hub for the tokenized security sector. Although Singapore, the U.S., and Malta are some of the leaders of the pack in this regard, Thailand is also looking to enter this increasingly competitive marketplace and become a prime mover in this new cryptocurrency sector.

Read Now
EDUCATION  |  01.27.19  |  Micky

“Why I believe crypto is a $278 trillion opportunity”

A prominent crypto economist explains how growing up in 1990s Russia shaped her belief that cryptocurrencies could one day become a multitrillion-dollar asset class. Anya Nova, with Perth-based blockchain project Power Ledger, says she experienced extreme hyperinflation during her childhood. That’s when she realized money is “a resource that the government controls—and occasionally mismanages.”

Read Now
NEWS  |  01.25.19  |  CoinTelegraph

Overstock’s tZERO security token platform begins live trading

E-commerce giant Overstock.com’s cryptocurrency subsidiary tZERO announced that secondary trading of tZERO tokens is now live. Accredited investors can trade the security tokens through a digital securities brokerage account at Dinosaur Financial Group, which will act as a broker-dealer.

Read Now
NEWS  |  01.21.19  |  CoinNewsSpan

Overstock is ready to launch its security token platform, tZERO

Patrick Byrne, CEO of online retailer Overstock, recently stated his corporation is planning to start its very own security token trading platform called as tZERO by the end of next week. “It’s a big moment for us,” he said, “four years in the making.” Bryne added that the company is “ready to hit the button and go live today” but wants to wait for more user signups.

Read Now
EDUCATION  |  01.18.19  |  Markets Media

Security token issuance set to rise

The security token market will dwarf the cryptocurrency market. They can represent fractional ownership of illiquid assets, such real estate or art, and so are more stable and easier to value for investors than cryptocurrencies. Boards of listed companies are already discussing the possibility of issuing security tokens.

Read Now
NEWS  |  01.18.19  |  BlockExplorer

Tokenized venture capital funds: What if you could invest in Silicon Valley startups before they go public?

The average Joe is keen to invest in startups, but how do they get involved and reap their share of wealth? Traditional venture capital funds are off-limits for the average person, but tokenized investment funds could bring about a change. With digital securities, investor protections can be hard-coded into the token itself, eliminating the potential for scams and fraud and potentially allowing regulators to relax the limits on investors.

Read Now
NEWS  |  01.17.19  |  The Tokenist

World Economic Forum: “Can digital securities fund an $18 trillion infrastructure gap?”

With the number of people living in urban slums “expected to triple, reaching three billion,” we are facing a currently insurmountable crisis. Peter Lyons of Atomic Capital penned an article that was recently published as part of the World Economic Forum Annual Meeting on why digital securities could prove to be instrumental in meeting the future’s infrastructural funding challenges.

Read Now
NEWS  |  01.14.19  |  The Tokenist

Overstock’s tZERO distributes its security token to investors

tZERO, the blockchain subsidiary of Overstock.com, had one of the most publicized STOs last August, raising some $134 million. The tokens were issued in October and then “locked up” in a custodial wallet for three months. They will now be distributed to investors, who can decide where they wish to hold their tZERO tokens. Options include creating a brokerage account or holding them in their own personal wallet.

Read Now