Security Tokens

On Dec 30, 2020, the Liechtenstein Cryptoassets Exchange (LCX) reportedly secured approvals of eight license categories from the Financial Market Authority (FMA) of Liechtenstein. According to the press release, LCX has received the licenses under the Token and Trusted Technology Service Provider Act (TVTG), also known as the blockchain act. The exchange will now be the first entity with regulatory approval to offer the broadest scope of blockchain services in that jurisdiction. Monty C. M. Metzger, CEO and founder at…

Globally the competition for market share is quite aggressive. It states that every business has to discover its edge over everyone else for it to thrive. This slight edge is what is often referred to as the competitive advantage. As economies move towards full digitization, companies have had to reimagine their businesses to realign with the new reality. Therefore, to maintain their competitive advantage, companies have had to digitize their assets.  Three questions therefore emerge: What is asset digitization? How…

As a savvy blockchain investor, it's smart to understand the differences between an ICO and vs. STO. Recently, there has been a lot of hype surrounding STOs and their ability to service institutional clientele. Here is how these unique financial instruments came to be and why so many analysts see them as the evolution of Initial Coin Offerings (ICOs). What is an ICO? - ICO vs. STO The first step in this journey is understanding precisely what an ICO is…

The film industry is an ever-growing sector since the early days providing viewers globally with entertainment. It generates over 100 billion dollars annually with constant productions of movies and other motion pictures. Film financing is a broad aspect induced before the pre-production to evaluate a proposed film project's possible value. The process requires input from banks, investors, taxation, and more, considering the risks of making films for a sustainable endgame. The financing further considers payments of everything featuring in a…

Cryptocurrency growth in the last decade has taken the technological world by storm, and with this growth came many questions and concerns. The classification of cryptocurrency is primarily a chief concern. The subject is one that courts, government agencies, and even financial markets struggle to grasp.  The primary debate begs an answer to an essential question: are they securities or commodities?  Cryptocurrency traverses local, national, regional, and international boundaries. Hence the need for classification is both a national and international…

Black Manta Capital Partners which manages German security token offering (STO) platform is now into partnership with Finoa (a local digital asset custody company). This is towards the development of an institutional security token custody. The partnership was announced on May 4 and it was noted that it is towards the development of a regulated security token custody solution clearly focused on institutional investors, high net worth persons and corporations. Last month, an announcement stated the tokenization of $12 million worth…

Blockchain, the pinnacle of decentralized, distributed, and transparent technology, is at its base a Platform. What is a Platform, you ask? A technological sense platform is a nurturing ground for growing and building applications that serve various purposes. Being a platform, blockchain can be used for a variety of purposes. Moreover, with a general-purpose technology like blockchain, there is no limit to what innovations can be made. One such variety in blockchain projects today is the distinction in their native…

On February 25, The Malta Financial Services Authority provided a paper highlighting 18 industry stakeholders' feedback on security token offerings (STO). The MFSA in July 2019, requested the stakeholders to help interpret and advise on the definition of STOs, and their basis for legal existence.  However, the published paper gives good feedback on the definition of security tokens and the possible ways of addressing the issues facing the assets within the Maltese market.  However, most respondents disagreed with the MFSA…