The Philippines has introduced a new set of rules governing Digital Asset Token Offering (DATO), according to a press release published by the Asia Blockchain and Crypto Association (ABACA) on Feb. 4. The new regulations released by the country’s Cagayan Economic Zone Authority (CEZA) are reportedly designed to regulate the cryptocurrency industry and protect investors, affecting such issues as the acquisition of crypto assets, including utility and security tokens. View source
Responding to market demand, Harbor today announced Harbor Platform 2.0, a new customer-branded digital securities platform for compliant fundraising, investor management, and liquidity — powered by blockchain technology. The platform allows startups to tokenize their company’s private equity and raise capital more efficiently, while simultaneously deepening strategic relationships with customers, partners, fans, and other trusted parties. View source
Switzerland’s top stock exchange, SIX, aims to roll out a blockchain platform to speed up trading later this year. Reuters reported Feb. 6 that SIX chairman Romeo Lacher said the planned new SIX Digital Exchange (SDX) will initially operate alongside the existing SIX platform. The report cites officials as having said that SDX will launch offering trading in certain stocks, with a wider range of stocks and bonds to follow. Exchange-traded funds could ultimately be on offer too, and possibly even tokenized physical assets such as art. View source
DOVU announced its STO. "Through our Security Token Offering (STO), we will again lead the way in experimenting with tokenisation, becoming one of the first companies in the UK to allow individuals to purchase tokenised equity in our business." DOVU is a unified token, wallet and marketplace for earning and spending mobility related rewards View source
It’s rather incredible though, how Mt Pelerin managed to rally professional investors and crypto aficionados to quickly snap up shares, what countless ICOs often fail to do. A massive 570 investors from over 30 countries purchased Mt Pelerin’s tokenized shares, their investments averaging on $1065. Together, they managed to amass an impressive $2 million. View source
