“Ever since US Securities and Exchange Commission Chairman Jay Clayton stated that he has never met a utility token that was not a security, initial coin offerings in the US have all but evaporated.
Since then, a day has not gone by without someone announcing on securities token offering rather than an ICO. However, the secondary market for securities tokens has not yet appeared, which has left many investors questioning the real value of their digital investments.
The good news is that it is only a matter of time before the securities-token secondary market ramps up. Investors should expect to see the nascent secondary market kick off in the second half of next year… “
Though security tokens are not cryptocurrencies, but we may expect some exciting news soon on this adjacent class of crypto assets, as the US SEC is likely to look to examine cryptocurrencies in 2019 and […]
The U.S. Securities and Exchange Commission’ (SEC) director of Corporate Finance said that the organization plans to release guidance on when cryptocurrencies should be classified as securities. This statement was made during the D.C. Fintech […]
Issuance platforms and other technical solutions for tokenization tend to receive the most attention in the rize of security tokens. A successful and compliant fundraise depends upon a number of regulated service providers, one of […]