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Top-5 Important Security Tokens News (Week #32)

Top-5 Important Security Tokens News (Week #32)

We have prepared for you the most important news from the Security Tokens area for the past week (17 - 23 Jun, 2019). Polymath Partners With Blockpass, Security Tokens Will Be the 'Killer App' of Cryptocurrency and more.

1Polymath Partners With Blockpass To Streamline Identity Verification Of Security Token Investors

As of mid-June 2019, Polymath has teamed-up with Blockpass to provide its users with a digital identification verification solution. The tool will be used by security token issuers utilizing the Polymath platform to verify and onboard investors in a compliant manner. View source

2Security Tokens Will Be the 'Killer App' of Cryptocurrency, Overstock CEO Says

Bitcoin has been around for more than a decade, yet the question still persists: “What’s the purpose of cryptocurrency?” Even though people have bought and sold billions of dollars of the stuff, it has yet to find a role in everyday life. Now, this search for the cryptocurrency world’s “killer app”—the equivalent of a transformative application like Gmail or Uber—may be over. According to Patrick Byrne, the CEO of Overstock and a longtime booster of digital money, the breakthrough is coming in the form of security tokens. View source

3Securitize Partners With Japan Security Token Association To Strengthen Asian Market Presence

As of June 18th 2019, Securitize has partnered with the Japan Security Token Association (JSTA) to strengthen its presence in the Asian Market. Securitize and the DS Protocol have already made a notable impact in the US digital securities market, which they now seemingly intend to bring to the region of Asia. View source

4BnkToTheFuture Acquires Altcoin.io to Build Non-Custodial Securities Token Exchange

As per a press release, the investment firm plans to transform the technical advancements of Altcoin.io into a fully-fledged security token exchange, as it aims to “capture this growing market.” The proposed exchange will be non-custodial, meaning that it will allow investors to maintain custody of their own tokens. View source

5Smartlands Platform Brings Security Tokens To The European Crowdfunding Network (ECN)

As of June 19th 2019, UK-based security token platform Smartlands has officially joined the European Crowdfunding Network (ECN). Smartlands will look to leverage the partnership to advocate for new methods of crowdfunding across Europe. View source

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