Every third Thursday of the month, we publish the most important tokenization news, in our opinion. Here they are:
6-Dec-18 Neufund and Ledger Team Up to Create a Secure Framework for Managing Real-World Assets on the Blockchain
DX.Exchange, which has offices in Estonia and Israel, will offer digital tokens based on share of 10 Nasdaq-listed companies with plans to expand to the New York Stock Exchange as well as in Tokyo and Hong Kong. Each digital security is backed by one regular share and holders will be entitled to the same cash dividends, even though the companies themselves aren’t involved.
Belarus has launched a trading platform that enables customers to buy tokenized versions of shares, gold and other traditional assets, Reuters reported Jan. 15. The project is reportedly backed by two companies, Larnabel Ventures and VP Capital. According to Reuters, the government of Belarus has not yet commented on the launch of the platform, but it was covered by the state news agency BelTa.
16-Jan-19 A fintech that lets investors own pieces of a high-priced art collection just shook up its business model, and it could be a game-changer for the digital token industry
Swarm, a technology platform that creates digital tokens for real-world assets, announced a new pricing model that requires no up-front fees from groups looking to issue security tokens.
Swarm has been weighing different pricing plans since launching the platform in January 2018. Eberle said the company chose to not charge the initial funds it set up in order to move fast and learn as it built.
21-Jan-19 Crypto Garage, The First Blockchain and Finance Project Authorized by Regulatory Sandbox in Japan
Crypto Garage, a Fintech company developing blockchain financial services and also a subsidiary of Digital Garage, received official authorization to conduct the first blockchain and finance project under the Regulatory Sandbox in Japan, which is managed by Cabinet Secretariat of Japan. Under this project, Crypto Garage will provide the participating crypto-exchanges with “SETTLENET”*1, which allows the exchanges to issue a stablecoin pegged to Japanese Yen (JPY-Token) on the “Liquid Network”, and trade against Liquid Bitcoin (L-BTC) that are pegged to Bitcoin on a Bitcoin sidechain launched by Blockstream Corporation.