The benefit of this type of security token for many against a traditional paper contract is that they offer far greater flexibility. It’s much easier to gain ownership, easier to sell, and all transactions are trustless without the need for countless middlemen and brokers.
The potential market is enormous–converting financial assets to the blockchain could be in the region of some $24 trillion.
Trevor Koverko, Polymath CEO
We’re not talking about the billions of dollars, we’re talking about the trillions.
The other great thing about STOs is that governments are taking them seriously, starting with the US.