Cryptosx announced FirstShot Centers, LLC (“FirstShot”) has received formal approval from CEZA (“Cagayan Economic Zone Authority”) for security token offering and listing on Cryptosx. FirstShot intends to raise up to US$100M from investors in the North America, Europe and Asia to acquire, repurpose and operate undervalued retail shopping centers across the US. Every FirstShot center […]
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 […]
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 […]
