“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… “
Templum, a digital asset trading platform, submitted a letter to the Securities and Exchange Commission (SEC) requesting regulatory clarity on certain issues in the securities token space. Specifically, Templum asked the SEC to “provide needed […]
Security tokens have gained a massive traction in the cryptocurrency space. The high popularity among investors and traders has caught the attention of experts. They predict that in the next ten years, security tokens could […]
J.P. Morgan’s co-president Daniel Pinto stated: “The tokenization of the economy, for me, is real. Cryptocurrencies are real but not in the current form.” First, you need to understand how a security token is different […]