Summer 2019 has by no means been slow for tokenized assets space.
We have seen a number of exciting news, including successful security token offerings (REITBZ real estate fund raised $3.3 million, UK based investment platform TokenMarket raised over £200,000) and large investment rounds in infrastructure projects: Luxembourg-based Tokeny attracted €5 million from Euronext and Hong Kong-based Liquefy completed a $2.6 million funding round led by Ideanomics and NEO Global Development
Now that September is over, the market is becoming more animated, preparing for the next sprint towards mass adoption. Stobox team has a lot of plans for the season as well, actively contributing to the development of the digital asset space: the launch of Stobox platform test version and a series of events on Malta Cannabis and Malta AI & Blockchain Summit. We will be revealing details soon.
Meanwhile, this article covers what our team and partners expect from digital securities market this fall:
Promised liquidity: security token exchanges launch
Earlier this year Gibraltar Stock Exchange announced the intention to list tokenized shares, having obtained permission from the local regulator. Switzerland-based SIX Exchange has been actively developing their products with the intention to list blockchain-based securities by the end of the year. They were outrun by Seychelles stock exchange MERJ that has listed its own blockchain-based equity token at the beginning of August.
While trading platforms in the U.S. are already up and running and report the increase in a number of likely users (tZero, OpenFinance), there is also a number of tokenized securities exchanges that anticipate obtaining licenses in their jurisdictions in Q3/Q4.
To name but a few, UK-based Archax, backed by Spice VC expects to receive their license around Christmas. Liechtenstein-based exchange Blocktrade is also currently undergoing the MiFID II licensing process and aspires to receive the license in the late Q4.
During the next couple of months, we expect to see other national stock exchanges going live with tokenized stock listings, as well as smaller independent players getting a green light from regulators.
Tokenizing new industries
Tokenization as a fundraising method is getting recognition in a variety of traditional industries for such competitive advantages as cost reduction, speed of transactions and liquidity.
So far, real estate has shown the highest number of use cases this year: St.Regis resort was tokenized in St.Aspen with $18 million shares sold, tokenization of $66 million WeWork building in Miami was announced, €6.5 million mansion tokenized in France.
We expect many other (even unlikely, at first sight) industries to follow by the end of 2019 — for instance, the first major use cases for tokenized sports teams and race horses, which is already in demand in the Middle East.
Another intriguing market for tokenization is fundraising for cannabis businesses. Cannabis companies currently lack access to traditional banking and capital from retail investors around the world, which holds exciting potential for tokenization as a technical solution for fundraising.
Expert events not to miss out on this fall
This autumn is going to be rich with blockchain and security token themed events. Below are our top favorite ones:
- Malta AI & Blockchain Summit (7–8 November 2019)
- BlockShow Asia (14–15 November 2019)
Final thoughts
Q3/Q4 of 2019 will be a major indicator for the digital securities space, that will show how fast the industry will be developing. Many security token exchanges are expected to obtain their licenses during this period — if it happens, it will bring a major influx of companies willing to tokenize their shares.
While we’re still in the early days and a “waiting mode”, we are already seeing exciting use cases and many institutions exploring tokenization and investing in the infrastructure.
Stobox is also contributing to the development of the digital securities industry, enabling easy and fast access, purchase and transfer of digital securities on the distributed ledger.
Our team is strongly convinced that in the near future every securities offering will be tokenized, and the early adepts will benefit the most from it.
Summer 2019 has by no means been slow for tokenized assets space.
We have seen a number of exciting news, including successful security token offerings (REITBZ real estate fund raised $3.3 million, UK based investment platform TokenMarket raised over £200,000) and large investment rounds in infrastructure projects: Luxembourg-based Tokeny attracted €5 million from Euronext and Hong Kong-based Liquefy completed a $2.6 million funding round led by Ideanomics and NEO Global Development
Now that September is over, the market is becoming more animated, preparing for the next sprint towards mass adoption. Stobox team has a lot of plans for the season as well, actively contributing to the development of the digital asset space: the launch of Stobox platform test version and a series of events on Malta Cannabis and Malta AI & Blockchain Summit. We will be revealing details soon.
Meanwhile, this article covers what our team and partners expect from digital securities market this fall:
Promised liquidity: security token exchanges launch
Earlier this year Gibraltar Stock Exchange announced the intention to list tokenized shares, having obtained permission from the local regulator. Switzerland-based SIX Exchange has been actively developing their products with the intention to list blockchain-based securities by the end of the year. They were outrun by Seychelles stock exchange MERJ that has listed its own blockchain-based equity token at the beginning of August.
While trading platforms in the U.S. are already up and running and report the increase in a number of likely users (tZero, OpenFinance), there is also a number of tokenized securities exchanges that anticipate obtaining licenses in their jurisdictions in Q3/Q4.
To name but a few, UK-based Archax, backed by Spice VC expects to receive their license around Christmas. Liechtenstein-based exchange Blocktrade is also currently undergoing the MiFID II licensing process and aspires to receive the license in the late Q4.
During the next couple of months, we expect to see other national stock exchanges going live with tokenized stock listings, as well as smaller independent players getting a green light from regulators.
Tokenizing new industries
Tokenization as a fundraising method is getting recognition in a variety of traditional industries for such competitive advantages as cost reduction, speed of transactions and liquidity.
So far, real estate has shown the highest number of use cases this year: St.Regis resort was tokenized in St.Aspen with $18 million shares sold, tokenization of $66 million WeWork building in Miami was announced, €6.5 million mansion tokenized in France.
We expect many other (even unlikely, at first sight) industries to follow by the end of 2019 — for instance, the first major use cases for tokenized sports teams and race horses, which is already in demand in the Middle East.
Another intriguing market for tokenization is fundraising for cannabis businesses. Cannabis companies currently lack access to traditional banking and capital from retail investors around the world, which holds exciting potential for tokenization as a technical solution for fundraising.
Expert events not to miss out on this fall
This autumn is going to be rich with blockchain and security token themed events. Below are our top favorite ones:
- Malta AI & Blockchain Summit (7–8 November 2019)
- BlockShow Asia (14–15 November 2019)
Final thoughts
Q3/Q4 of 2019 will be a major indicator for the digital securities space, that will show how fast the industry will be developing. Many security token exchanges are expected to obtain their licenses during this period — if it happens, it will bring a major influx of companies willing to tokenize their shares.
While we’re still in the early days and a “waiting mode”, we are already seeing exciting use cases and many institutions exploring tokenization and investing in the infrastructure.
Stobox is also contributing to the development of the digital securities industry, enabling easy and fast access, purchase and transfer of digital securities on the distributed ledger.
Our team is strongly convinced that in the near future every securities offering will be tokenized, and the early adepts will benefit the most from it.
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