Security token offering

Leading DeFi Platform Level01 Secures Millions Ahead of Upcoming STO Listing

Saturday, November 21, 2020 - 2:48pm

Level01 , a leading DeFi platform for AI-guided derivatives trading for financial, commodities and digital asset underlyings, has today announced the launch of the private placement subscription offer for its upcoming STO (Security Token Offering) Public Listing in Asia scheduled at the end of this year.

Key Points: 
  • Level01 , a leading DeFi platform for AI-guided derivatives trading for financial, commodities and digital asset underlyings, has today announced the launch of the private placement subscription offer for its upcoming STO (Security Token Offering) Public Listing in Asia scheduled at the end of this year.
  • The DeFi platform was launched earlier this year on Google PlayStore to great reception, with users increasing at a steady pace.
  • With such innovations, Level01 is leading the charge to revolutionize derivatives trading and open this traditionally complex market to wider accessibility.
  • Combining the most powerful technologies into a user-friendly and transparent DeFi platform puts Level01 far ahead of the competition.

Total Network Services Corp. Closes Series A Security Token Offering

Thursday, October 22, 2020 - 3:00pm

SAN DIEGO, Oct. 22, 2020 /PRNewswire/ -- Total Network Services , Corp., a San Diego-based blockchain services company ("TNS" or the "Company"), today announced the close of a Series A round of security tokens.

Key Points: 
  • SAN DIEGO, Oct. 22, 2020 /PRNewswire/ -- Total Network Services , Corp., a San Diego-based blockchain services company ("TNS" or the "Company"), today announced the close of a Series A round of security tokens.
  • Deal Box Inc ., a San Diego-based capital advisory and financial technology firm ("Deal Box") structured the security token issuance and provided marketing support throughout the offering process.
  • TNS further announced that it intends to commence a follow-on Series B security token offering (the "Offering") for up to $25 million.
  • The Offering, which will begin in November, has been set at $1.00 per token with a minimum investment of $25,000, and will be promoted on the Deal Box dlbx.io marketplace.

Liquefy Gains In-Principle Approval for the First Licensed Tokenized Securities Private Financing Platform in UAE

Wednesday, October 14, 2020 - 1:00pm

Once granted in full, Liquefy will be able to offer tokenized securities backed by real world assets such as private companies, venture funds and other alternative investments to investors in the UAE on its Alternative Global Marketplace.

Key Points: 
  • Once granted in full, Liquefy will be able to offer tokenized securities backed by real world assets such as private companies, venture funds and other alternative investments to investors in the UAE on its Alternative Global Marketplace.
  • This marks an important milestone in Liquefys development from a pure technology provider towards a FinTech platform.
  • Investors in the UAE also have a strong appetite for tokenized securities and an openness to invest in alternative assets leveraging new technologies.
  • Liquefy is a FinTech platform that enables the issuance and distribution of tokenized securities backed by real assets to bring in a new world of accessible investment.

McDermott Leads First-Ever SEC-Registered Security Token Offering

Wednesday, September 30, 2020 - 7:05am

NEW YORK, Sept. 30, 2020 /PRNewswire/ --International law firm McDermott Will & Emery representedINX Limitedin its initial public offering of up to 130 million INX Tokens at a purchase price of $0.90 per Token.

Key Points: 
  • NEW YORK, Sept. 30, 2020 /PRNewswire/ --International law firm McDermott Will & Emery representedINX Limitedin its initial public offering of up to 130 million INX Tokens at a purchase price of $0.90 per Token.
  • This is the first public offering of blockchain assets registered under the Securities Act of 1933.
  • The offering raised novel US securities law issues relating to the registration of the INX Token, which is a hybrid security with several complex features.
  • The McDermott Capital Markets Practice assisted INX in navigating the offering through the SEC, including multiple conversations with senior members of the SEC Staff.INX intends to utilize the proceeds from the offering to establish platforms for the trading of cryptocurrencies and security tokens.