What are smart contracts for?
What are smart contracts? Imagine that you need to sell a pack of shares. Traditional share trading involves complex paperwork. Brokers, lawyers, and others navigate risks. Firms communicate to close deals. Investors hire agents to handle formalities. Intermediaries oversee transactions...
A new age has started with tokenized systems shifting from centralization. Blockchain enables decentralized creation and transfer of assets. Both Switzerland and STOs aid this evolution. The country adopts distributed ledger tech for tokenized securities. Our world holds varied asset classes...
Cryptocurrency, tokens and coins are traded on centralized (CEX) and decentralized exchanges (DEX). While decentralization aligns with blockchain ideals, centralied crypto exchanges have faced issues with compliance as regulators seek to curb illicit activity. Avoiding know-your-customer rules and restricting certain...
Unlike IPOs which require an arduous and expensive process with many middlemen and brokers, STOs are easy to pull off
While some blockchain projects have attempted to use the decentralized nature of the technology to avoid securities regulation, there are no guarantees that agencies such as the SEC, BAFIN, and FINMA will agree with claims of independence from jurisdiction. Initial...
Security tokens represent investments or an investment contract into an underlying investment asset, such as stocks, bonds, funds and unit trusts.
STO Security tokens represent investments or an investment contract into an underlying investment asset, such as stocks, bonds, funds and unit trusts. A security defines as a "fungible, negotiable financial instrument that holds some type of monetary value," backed by...
The Swiss Commercial Register has given the green light for the first incorporation of a company for an initial public offering (IPO) of tokenized shares on a blockchain.
The Swiss Commercial Register has given the green light for the first incorporation of a company for an initial public offering (IPO) of tokenized shares on a blockchain. OverFuture will launch a compliant IPO. It will offer ordinary class-A shares on...