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Top-5 Important Security Tokens News (Week #27)

Top-5 Important Security Tokens News (Week #27)

We have prepared for you the most important news from the Security Tokens area for the past week (13 - 19 May, 2019). Australian $250M Security Token Offering, Bitbond STO Launched Bounty Program, and more.

1Australian PFC Capital Group Announced $250M Security Token Offering

PFC Capital Group, an Australian capital advisory company has chosen KoreConX, a permissioned blockchain system, for a 250 million USD digital security offering. According to reports, PFC Capital, a corporate advisory company which advises clients within the mining industry has given project financing mandates worth over 2 billion dollars as well as carried out 120 mine divestments. View source

2Blockstream to Launch Security Tokens Platform

Blockstream has announced the upcoming release of a new tokenised securities platform that can be used by businesses issuing security tokens directly on top of the firm’s custom-built Liquid Network. View source

3Bitbond STO Launched First of a Kind Bounty Program

Bitbond provides working capital financing to business owners around the world. The platform uses blockchain technology for efficient cross-border payment processing and has developed a machine learning powered credit scoring system. View source

4Securitize Made Its Protocol Open-Source

Securitize is partnering with one of the blockchain industry’s largest security token exchange companies as it open-sources the code behind its in-house protocol. The Digital Securities (DS) protocol repository is available on Github, according to the company, which announced the developments on Monday during CoinDesk’s Consensus 2019 conference. View source

5Ex Ethereum Developer Joined Polymath Team

Polymath is building a security token blockchain in collaboration with IOHK’s Charles Hoskinson, one of the co-founders of ethereum. Dubbed Polymesh, the new platform will be designed specifically for companies that want to create regulation-compliant security tokens, Polymath co-founder Trevor Koverko announced Monday at CoinDesk’s Consensus 2019. In theory, a purpose-built blockchain will help spur adoption of security tokens by streamlining the process for companies looking to launch tokenized assets. View source

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