Mason Borda, CEO and cofounder of Tokensoft, joins the show. In this episode: 

• Tokensoft's ERC-1404 standard
• Why put securities on chain?
• Commonalities between the spirit of securities laws and the values of crypto markets
• The possibility of making stock transactions into a real time phenomenon
• Transparency through registered security offerings versus on-chain cash flows and freely viewable contracts
• How on-chain tokens are transparent and where they should volunteer additional disclosures
• Tokensoft's Arcoin and INX issuances
• Mason's response to the critiques of the INX offering
• Why regular companies don't just "hold their own securities on a centralized database"
• DTCC explained for Bitcoiners
• How Mason thinks about securities regulation today as compared with 2017
• Is the 'complexity defense' sufficient to ward off securities regulators?
• Mason's desired approach to the market from the SEC
• Lessons that the SEC can take from MAS (Singapore) and FINMA (Switzerland)
• The outstanding barriers to security tokens gaining liquidity and market share