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Top-3 Important Security Tokens News (Week #34)

Top-3 Important Security Tokens News (Week #34)

We have prepared for you the most important news from the Security Tokens area for the past week (1 - 7 Jul, 2019). Tokensoft Platform Moves to Tezos Blockchain, Polymath Stops Two Projects and more.

9 July 2019

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Platforms Polymath

1Tokensoft Platform Now Supporting Security Tokens on the Tezos Blockchain

San Francisco-based token issuance platform Tokensoft has announced in a blog post that it is “officially support(ing) issuance of security tokens on the Tezos blockchain.” View source

2Polymath Stops Two Projects, Lays off 10 to Focus on Security Token App

Ethereum (ETH)-based security token platform Polymath will terminate its two planned in-house projects to focus further on bringing securities onto blockchain, the firm announced in a blog post on July 4. View source

3Latin America’s Largest Investment Bank, BTG Pactual, To Sell $1 Billion Worth Of Security Tokens On Tezos

Announced early July 2019, Banco BTG Pactual SA— the largest standalone investment bank in Latin America— has partnered with Dubai asset manager Dalma Capital to sell over $1 billion worth of security tokens. The deal is set to involve the Tezos blockchain. View source