Latest Breaking News On - எதிர்காலங்கள் தரகு - Page 12 : comparemela.com
Ken Lo August 05, 2021 06:00
In the previous column, we introduced various forms of digital assets with a particular focus on security token offerings (STOs), a new, promising and regulated means of capital raising. In this column, we will analyze the global STO landscape and opportunities for its use in Hong Kong and the Greater Bay Area (GBA).
Global STO landscape
STOs, regulatory-compliant tokens that combine features of cryptocurrency and traditional stocks, have replaced the unregulated frenze of ICOs and are expected to be a new fundraising channel for illiquid assets
Just in May this year, crypto exchange INX completed the listing of INX Limited, the first STO registered with the US Securities and Exchange Commission (SEC), raising more than US$125 million. Meanwhile, Singapore-based DBS Bank issued a US$11.3 million digital bond to professional investors.
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