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Top-5 Important Security Tokens News (Week #42)

Top-5 Important Security Tokens News (Week #42)

We have prepared for you the most important news from the Security Tokens area for the past week (26 Aug - 1 Sep, 2019). World’s First Security Token IPOs, Tokenized Shares Of UK Student Accommodation and more.

1Securities Exchange MERJ Plans ‘World’s First’ Security Token IPO

Seychelles-based securities exchange MERJ — which listed the first regulated security token on a national stock market — plans to distribute its equity to Europe via a partnership with blockchain service provider Globacap. View source

2INX Limited Security Token Exchange Announces IPO

As the enterprise-level tokenized securities sector continues to expand, so does the competition. This month, the start-up INX Limited token exchange announced plans to host an initial public offering (IPO) in the coming weeks. For now, the firm awaits SEC approval of its strategy. View source

3Fmr. ConsenSys Ventures Head Joins Security Token Platform ‘Dusk’

Dusk Network has been picking up some high-profile partnerships and investors recently as it positions itself as one of the stop security token platforms in Europe. Now, it has just announced it has onboarded a former ConsenSus Ventures head to its board. Kavita Gupta will serve the chairwoman of the company’s board. She is also a professor at Stanford University. View source

4Security Token Alliance Onboards IBC, ABOTMI, And Adbits

The Security Token Alliance has onboarded three new members to its growing alliance of industry leaders. The organization, founded in May of this year by young entrepreneur Frederik Bussler, has been expanding ever since. The new inductees indicate that the demand for security tokens is growing. View source

5Tokenized Shares Of UK Student Accommodation Block Sold By Smartlands

Smartlands, the security token platform, has announced that it has successfully closed the sale of security tokens meant to represent shares of a student accommodation block in Nottingham, UK. Representing a milestone in security tokens within the real estate sector, Smartlands has just finished a deal for a property valued at £12.06 million in Sept, 2018. View source

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