HKVAX, a Hong Kong-based virtual asset trading platform, has formed a strategic partnership with Magic Circle, an STO solution provider, to provide services for customers in Hong Kong and Asia seeking to take advantage of security tokens (STOs). This comes as the Securities & Futures Commission of Hong Kong (“SFC”) moves closer to fully regulating cryptocurrency in 2021. Hong Kong is considered to be […]
Taurus SA received a securities firm license from the Swiss Financial Market Supervisory Authority FINMA to operate the first independent regulated marketplace for digital assets in the world. The launch of Taurus’ Digital eXchange “TDX” meets the increasing demand from banks and issuers alike to access an open and independent infrastructure for tokenized securities and […]
Societe Generale has issued the first structured product as a Security Token directly registered on the Tezos public blockchain. The securities were fully subscribed by Societe Generale Assurances. This operation follows in the footsteps of a first covered bond Security Token issuance worth EUR 100m on the Ethereum blockchain, settled in euros in April 2019, and of a second […]
