“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… “
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 […]
The US Securities and Exchange Commission (SEC) published its guidance framework for security token issuance. It describes how security tokens can qualify for a security token offering. After over a year in the pipeline, the […]
Kepler Finance, a blockchain analysis firm for investors, has put out a report assessing the tokenzied securities market conditions as we begin 2019. The report includes key insights into the statistics of the current market […]