A security token is a security — a tradable financial asset, like a company share (e.g. Apple) you buy on the NYSE or Euronext — yet in a pure digital form. It represents an actual underlying value, which can be any kind of asset, equity, or debt. A Security Token…

In speaking to our clients it became clear that a lot of confusion exists when it comes to the correct denomination of token categories. This is not so strange considering the fact that, at the moment, no universally agreed token classification standard exists. …

In our previous articles, we considered the basics of a security token offering (STO) and the benefits for the token issuer and the token buyer. In this third article, we will touch upon some important legal questions surrounding a STO. Given the novel nature of STO technology, sometimes it is…

In our first article in this series of Security Token Offering 101, we elaborated on the basics of the STO principle. …

A Security Token Offering (or STO) is a new financing method based on blockchain technology. An STO is best described as a process, in which fractional ownership of assets, equity, or debt is offered in exchange for money. It is, to a certain extent, similar to crowdfunding. Suppose you are…