Tag: Europe

Tokenization Platform Upvest Raises €7 Million in Series A Round
Blockchain, Tokenization 101

Tokenization Platform Upvest Raises €7 Million in Series A Round

On December 12th, 2019, Upvest announced the acquisition of €7 million — approximately $7.8 million USD — in a Series A funding round. The company is developing a platform to tokenize financial assets using blockchain technology. Details on Securities Tokenization Platform Upvest’s Funding Round Based in Berlin, Germany, Upvest is a developing securities tokenization platform….

Lithuania Issues STO Guidelines, says “STOs are Taking Over ICOs”
Blockchain

Lithuania Issues STO Guidelines, says “STOs are Taking Over ICOs”

The Bank of Lithuania has issued guidelines to improve regulatory clarity and investor protection when it comes to digital assets. The Bank says digital assets which have features of financial instruments— such as security tokens— must abide by both European Union (EU) and national legislative requirements. Lithuania and Security Token Regulations Explained Back in 2018,…

Report: European STOs Have a 17% Success Rate
Blockchain, STOs

Report: European STOs Have a 17% Success Rate

According to a new report by Fintelum, security token offerings in Europe have a 17% success rate. STOs issued in Switzerland have had the most success. A new report regarding European STOs is a mix of good and bad news. The document surveyed that around 17% of STOs in Europe have been successes; 34% are…

Swiss-Based Startup ‘Start Valor’ Goes Live, Hopes to Be a Leading Security Token Exchange
Blockchain, Business

Swiss-Based Startup ‘Start Valor’ Goes Live, Hopes to Be a Leading Security Token Exchange

Smart Valor has secured a $3.25M in investment from Venture Incubator, Tally Capital, and others. The Zug-based startup will provide custody, trading, and brokerage services. Smart Valor has gone live after securing a significant investment from venture capital groups. The Zug-based startup will operate in both Switzerland and Liechtenstein. At the start, it will only…

Smartlands Platform Brings Security Tokens to the European Crowdfunding Network (ECN)
Blockchain, Business

Smartlands Platform Brings Security Tokens to the European Crowdfunding Network (ECN)

As of June 19th 2019, UK-based security token platform Smartlands has officially joined the European Crowdfunding Network (ECN). Smartlands will look to leverage the partnership to advocate for new methods of crowdfunding across Europe. Smartlands Joining the European Crowdfunding Network Explained The ECN works closely with the European Commission and its corresponding regulations to advocate…

French Digital Asset Association is Formed to Facilitate Laws, Regulations, Taxation, and Asset Tokenization in Europe
Blockchain, Tokenization 101

French Digital Asset Association is Formed to Facilitate Laws, Regulations, Taxation, and Asset Tokenization in Europe

Last week, the French Digital Asset Association (FD2A) was created by members from investment firms, law firms, cryptocurrency exchanges, market makers, and consulting firms. The group plans to establish working groups to tackle issues related to laws, taxation, the use of blockchain technology, and asset tokenization throughout France and beyond. The French Digital Asset Association…

Europe’s Largest Independent Music Promotor to Hold Security Token Offering
Blockchain, STOs

Europe’s Largest Independent Music Promotor to Hold Security Token Offering

In a surprising move, Europe’s biggest independent music, lifestyle, and events promoter will be holding their own STO. The security token offering will be done through the BlockState platform.  Streetlife International, the leader in European independent music, will be holding their own security token offering. Streetlife is Europe’s most well-known promoter of R&B, hip-hop, and…