Karma International initial coin offering (ICO) may be joining the large list of token sale scams as its CEO dodges investors and fails to answer concerned participants… while seemingly enjoying lavish pool parties. Unfortunately, many ICO projects have taken undue advantage of the lack of regulations and laws surrounding investor protection in token sales.

Samsung’s Galaxy S10 phone will support a crypto wallet. There’s still no clarity on which coins would be supported, but the most dramatic effect so far has been seen in the Enjin Coin (ENJ), which is up more than 147% in a week. The coin spiked on rumors that it would partner with Samsung to become one of the first assets added and supported within the digital asset wallet.

The Hong Kong-based market operator will offer tokenization services and a platform for trading security tokens, becoming the first licensed STO venue in Asia. It’s also licensed to trade cryptocurrencies and fiat currencies. The exchange is targeting both crypto-related companies planning an STO and traditional businesses seeking tokenization, achieving lower costs for companies wanting to bypass traditional exchanges.

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.

QuantmRe, which operates a blockchain-based real estate trading platform, announced on Tuesday the launch of the EQRE security token that allows qualified investors to get exposure to fractional equity interests in U.S. residential properties. The diversified pool of fractional interests ensures a high degree of liquidity in this U.S. property asset class, which totals $31.8 trillion.

The decentralized IoT (internet of things) network for next-generation supply-chains Ambrosus has teamed up with global digital shipping marketplace SHIPNEXT to allow its AMB coin to increase its STO. The deal marks an industry-first use case for a digital currency to be accepted as a legitimate contribution in an STO.

Luxembourg-based fintech company Tokeny has teamed up with Security Token Network to provide end-to-end STO services and foster the industry’s development and mass adoption. The strategic partnership will see Tokeny deliver issuance solutions including token management, deployment, and governance. For its part, Security Token Network will be responsible for the planning, project execution, marketing, and fundraising needed for an STO.

Security token offerings are clearly the way forward, not just because of regulatory protections but also because solid projects with long-term goals and actual potential don’t shy away from oversight and legal commitments to investors. One such project is Spuul.

Tokenizing real-world value has been an idea making the circles in crypto space. From buildings to businesses or metal mining rights, offering to own a part through a cryptographic token is seen as a viable investment opportunity. But tokenizing artworks has also been a part of the business.