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
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
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
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
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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