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 […]
BridgeTower Capital has launched a private Security Token Pre-Offering (STO) culminating 12 months of work to purposefully assemble a team of world-class partners to participate in the blockchain infrastructure and services marketplace in the rapidly growing world of decentralized finance (DeFi). BridgeTower also announced it has formed a Zurich-based entity to further expand its current […]
