Markets to brace for impact of security token offerings
Evidence is growing to suggest security token offerings (STOs) will transform capital markets and help strengthen Hong Kong’s status as a financial hub.
March 09, 2021
Opportunities for STOs, which use blockchain technology, are particularly strong in private equity and real estate, structured finance and debt offerings given the combined addressable market in Asia of $7.5 trillion.
A recently-published white paper from HKbitEX, the digital asset exchange, as well as Deloitte and the University of Hong Kong, references pain points in traditional capital raising channels to suggest how STOs can help market participants overcome some of those issues.