After the Jamaica Stock Exchange (JSE) finished the first step for its digital currency trading pilot, it is now looking to start listing security tokens on its platform. The initiative is the result of its collaboration with Blockstation, a provider of end-to-end digital asset trading platforms for stock exchanges. View source
tZERO, the global leader in blockchain innovation for capital markets, announced today that secondary trading of tZERO security tokens is now live. Accredited investors can now trade tZERO security tokens with other accredited investors through a digital securities brokerage account at Dinosaur Financial Group, LLC, which will act as the introducing broker-dealer. View source
Nasdaq today made its largest investment in enterprise blockchain, leading a $20 million Series B in Symbiont, a startup working to bring new kinds of assets that are custodied by blockchain to mainstream adoption. “Symbiont will allow Nasdaq to release financial instruments on the blockchain and smart contracts, and trade them through an existing matching engine, monitor what is happening on the network and then perform calculations on the blockchain” View source
Crypto startups Zilliqa and MaiCoin have teamed up to create a centralized security token exchange in Singapore that will apply blockchain technology to the trading of traditional asset classes. Announced today, Hg Exchange aims to act as a “one-stop solution” for token issuers, buyers, sellers and market makers, providing participants access to privately held shares and security tokens. View source
Securitize, a compliance platform and protocol for digitizing securities on the blockchain, has revealed that it's one of 10 companies to join the IBM Blockchain Accelerator program. Speaking of the announcement, Carlos Domingo, co-founder and CEO of Securitize, said that their "goal is to build the world's first debt issuance platform with blockchain technology in 2019." View source
The U.K.’s Financial Conduct Authority (FCA) has set out proposed guidance for how crypto assets should be regulated in the country. In a consultation paper published Wednesday, the watchdog assigns the various crypto tokens into three categories. “Security tokens” are classed as specified investments, since their definition meets the one set out in the Financial Services and Markets Act 2000 (Regulated Activities) Order. View source
Uzbekistan is the latest country to set its sights on the cryptocurrency industry – albeit a little bit late in the game. With a population of 32.5 million, the former Soviet state has taken several major steps toward becoming more crypto-friendly, starting with the legalization of cryptocurrency exchanges in September of 2018. Digital Trust, a fund formed with the expressed purpose to invest in blockchain startups, is working to bring security token offerings (STOs) to the central Asian nation. View source
