A form of blockchain fundraising called an Initial Coin Offering (ICO) has existed since July 2013. Over the last two years, the ICO model has been used by hundreds of organizations to raise more than $3 billion USD. Government agencies are now analyzing the securities implications of this non-traditional form of financing, with potential consequences for ICOs that violate securities laws.
The Securities Token Platform. Join us on Telegram: https://t.co/uO6yk3DcPQ and Reddit: https://t.co/v8UtIGPAzI
Why security tokens?
Reason #2 Automation
Programmatic #dividends can be paid on daily, monthly or any period as defined by the issuer.
Some expect the security token market to balloon to $1.5T in Europe alone by 2024. Here are 10 questions broker-dealers need to ask about security tokens so they don't miss the boat.
The early security token industry lacked standardization, which created unnecessary due diligence friction. To tackle this problem, Polymath proposed ERC1400 - a definitive standard for security tokens on Ethereum.
Governance on Polymesh comes to life through 2 key features: the approach to chain upgrades and on-chain governance. Learn more in our latest Polymesh Pillar Post.
#fintech #governance #defi
41% of people we surveyed in our webinar on broker-dealers and security tokens believe that private equity is the best suited asset class for security tokens.
Watch the webinar here: https://hubs.la/H0HJy2z0
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