With the rising interest in digital token offerings, especially STOs, the Bank of Lithuania is creating guidelines in an attempt to mitigate future problems with issuers… The regulations will apply to all tradable assets regardless of the underlying technology, including blockchain. They will also be inline with future EU rules governing STOs...

Fearing a market crash, Brooklyn Nets player Spencer Dinwiddie decided to tokenize his NBA contract (worth more than $30 million). That is, until the NBA blocked the deal. Today, Dinwiddie says he plans to move forward, with or without the NBA’s blessing...

Blockchain Credit Partners has announced its inclusion in a fintech fund focused on accelerating early-stage blockchain startups. The company says it aims to leverage the advantages of blockchain technology to offer tokenized private credit— something the security token space has yet to see.

Last week, the security token industry’s leading legal and regulatory minds convened in New York City to discuss the future of digital asset and security token regulations. The event covered topics like regulatory clarity, working with the SEC, and the future of tokenization...

Japan is trying to catch up to the rest of East Asia and plans to allow security token offerings (STOs)...

Harbor Square Investments—a subsidiary of security token platform Harbor—is a licensed broker-dealer. As the cryptocurrency industry moves from ICOs to...

Revolutionary technology can sometimes take over a decade to materialize and blockchain is no exception. In a recent opinion piece...

Blockstack announced two months ago that it had received SEC approval to launch the first-ever Reg A+ token offering. (The SEC’s Reg A+ exemption allows an issuer to raise up to $50 million from both accredited and non-accredited investors.) More than 4,500 investors—including retail investors in the U.S.—participated in the offering.

Franklin Templeton plans to tokenize a new fund that will leverage the Stellar blockchain to track shares. It won’t involve any cryptocurrencies, but Franklin Templeton plans to create a mobile app to help users with tokenized investments...

As of August 26, the Australian Securities Exchange (ASX) has signed a three-party memorandum of understanding to transition to distributed ledger technology (DLT). The major exchange expects to be utilizing DLT by the spring of 2021. The ASX currently manages AU$2 trillion in registered equities and features an average of AU$5 billion processed each day.

Securitize recently announced its success in becoming a U.S. Securities and Exchange Commission (SEC) registered transfer agent. The approval enables the firm to legally track the ownership changes of securities, which typically costs around $150 per transfer. Securitize says it’ll do the transfers for free. [Securitize is a firm that enables the issuance and management of digital securities, including the Curzio Equity Owners (CEO) digital asset.]

RISE Wealth Technologies is developing machine learning and artificial intelligence led trading strategies… allowing retail investors to manage crypto portfolios and analyzing the performance of cryptocurrencies and stock markets. Now the FinTech startup is looking to raise $120 million through an STO. If successful, it would be the largest European STO to date.