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Top-5 Important Security Tokens News (Week #25)

Top-5 Important Security Tokens News (Week #25)

We have prepared for you the most important news from the Security Tokens area for the past week (29 April - 5 May, 2019). Decentralized Security Token Exchange Launched, UK Commercial Bank’s Will Accelerate CurveBlock STO and more.

1Decentralized Security Token Exchange Launched by Swiss Company

STX.Swiss has already started activity as one of the first decentralized exchanges dedicated to the sale of security tokens, the firm announced. The exchange has opened its doors to issuers of security tokens, both for already existing securities, and for startups intending to issue new tokens. View source

2ADAX Got Exchange License for Operating Security Tokens

Asia Digital Asset Exchange (ADAX) was awarded an Offshore Virtual Currency Exchange (OVCE) License from the Philippines' Cagayan Economic Zone Authority. Receiving this license is a major step forward for ADAX Tech as they launch their fully regulated asset-backed token issuance and exchange platform. The OVCE License enables them to help companies create and list asset-backed tokens on the ADAX platform. View source

3Streetlife International STO to Be Announced Soon

Streetlife International, the leader in European independent music, will be holding their own security token offering. Streetlife is Europe’s most well-known promoter of R&B, hip-hop, and other indie music events. Streetlife produces, on average, some 250 events per year with over 250,00 visitors. View source

4UK Commercial Bank’s Will Accelerate CurveBlock’s Security Token Offering

CryptoCurrencyWire (“CCW”), a multifaceted financial news and publishing company for business, today announces the CryptoNewsAudio version of a press release issued by real estate development company CurveBlock, titled “CurveBlock’s Security Token Offering First to be Accelerated by a Commercial Bank in the UK.” View source

5Announced Transfer of the Series A Shares to the tZERO Security Token Trading Platform

In a letter to Series A Preferred stockholders dated May 1st 2019, announced a transfer of the Series A shares to the tZERO security token trading platform. The new shares— identified as Series A-1 shares— will have the same rights but less restrictions. View source

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