The Security Token Show

Tune in to this episode of the Security Token Show where Kyle Sonlin and Herwig Konings discuss the latest Security Token News and Insights with this week's focus on Tokenized Employee Stock Option Plans (TESOPs).

This week we're going to cover a niche topic that we believe will be an emergent use case for Security Tokens. That use case is Tokenized Employee Stock Option Plans.

= Stay in touch via our Social Media =

= Timeline =

Kyle's Company of the Week: TokenSoft - https://www.tokensoft.io/ 

Herwig's Company of the Week: Fidelity Labs - https://www.fidelitylabs.com/ 

= Market Topics =

The Deutsche Börse (German Stock Exchange) and HQLAX have successfully initiated trading via their jointly developed distributed ledger technology (DLT) securities lending platform: https://blocks99.com/news/german-stock-exchange-launches-dlt-based-operating-model/ 

First transactions executed on Deutsche Bourse's blockchain-based securities lending platform: https://www.finextra.com/newsarticle/34884/first-transactions-executed-on-deutsche-bourses-blockchain-based-securities-lending-platform 

Ripple Makes Final Attempt to Dismiss Its XRP Securities Lawsuit: https://www.coinspeaker.com/ripple-attempt-xrp-lawsuit/ 

The Managed Stablecoins are Securities Act of 2019 H.R. 5197: https://www.securities.io/the-managed-stablecoins-are-securities-act-of-2019-h-r-5197/ 

= Main Topic =

= Security Token Offering Topics =

Max Property Group Crowdfunds Crowdfunding Platform With Security Tokens: https://finance.yahoo.com/news/max-property-group-crowdfunds-crowdfunding-210000648.html 

Smartlands to Digitise Own Equity and Unveils Plans For Security Token Offering in the US: https://smartlands.io/blog/smartlands-to-digitise-own-equity-unveils-plans-for-security-token-offering-in-the-us/ 

Smartlands Fundraise Link: https://equity.smartlands.io/ 

Greyp Bikes Closes Blockchain Managed IPO on Neufund Raising €1.4 Million: https://www.crowdfundinsider.com/2019/12/154849-sto-greyp-bikes-closes-blockchain-managed-ipo-on-neufund-raising-e1-4-million/ 

L'Osteria Franchise STO: https://www.kapilendo.de/projekte/b09f4821-4618-422b-b065-0d41d9452656 

= Check out our Companies =

Tune in to this episode of the Security Token Show where Kyle Sonlin and Herwig Konings discuss the latest Security Token News and Insights with this week's focus on market transparency.

Liquidity is one of the core value propositions of Security Tokens. Even though we now have a financial technology that makes the transfer of ownership more efficient and easier, it doesn’t mean that alone will create liquidity. For that, we need active markets and for active markets to emerge, we need strong price discovery and transparency for investors - we’ll discuss the topic in more detail with a big announcement later in the episode.

= Stay in touch via our Social Media =

Herwig: https://www.linkedin.com/in/herwigkonings 

Opinion articles, interviews, and more: https://medium.com/security-token-group 

Kyle's Company of the Week: HSBC - https://www.us.hsbc.com/ 

Herwig's Company of the Week: Figure/Provenance - https://www.figure.com/ 

= Market Topics =

China could soon open the doors to security token offerings (STOs): https://cryptoslate.com/china-could-soon-open-the-doors-to-security-token-offerings-stos/ 

DUSK Temporarily Flash Crash to 22 Sats, Mainnet to be Delayed: https://coingape.com/dusk-temporarily-flash-crash-22-sats-mainnet-delayed/ 

Financial Giant Fidelity Pilots Tokenized Employee Rewards Initiative: https://cryptonews.com/news/financial-giant-fidelity-pilots-tokenized-employee-rewards-i-5176.htm 

HSBC to use blockchain to track $20bn in private assets: https://www.aljazeera.com/ajimpact/hsbc-blockchain-track-20bn-private-assets-191127180103616.html 

ChoiceTrade Seeks to Enter Security Token Market: https://www.securities.io/choicetrade-seeks-to-enter-security-token-market/ 

Firsthand Overview of Digital Securities Legislation in Malta: https://www.securities.io/firsthand-overview-of-digital-securities-legislation-in-malta/ 

Presidential Candidate Yang Announces Plan to Implement National Token Framework: https://www.yang2020.com/blog/regulating-technology-firms-in-the-21st-century/ 

FinTech professional Richard Johnson leaves Greenwich Associates to start his own crypto firm: https://www.theblockcrypto.com/linked/47618/fintech-professional-richard-johnson-leaves-greenwich-to-start-his-own-crypto-firm 

Wethaq Completes Pilot of First Fintech Sukuk, Uses R3 Corda: https://www-crowdfundinsider-com.cdn.ampproject.org/c/s/www.crowdfundinsider.com/2019/11/154297-wethaq-completes-pilot-of-first-fintech-sukuk-uses-r3-corda/amp/ 

FinCEN: Stablecoin Issuers Are Money Transmitters, No Matter What: https://www-coindesk-com.cdn.ampproject.org/c/s/www.coindesk.com/fincen-stablecoin-issuers-are-money-transmitters-no-matter-what?amp=1 

Deutsche Boerse and Swisscom settle securities with corda and hyperledger: https://cointelegraph.com/news/deutsche-boerse-swisscom-settle-securities-with-corda-and-hyperledger 

Boostry Announces Launch of Security Token Platform ibet: https://tokenpost.com/Nomuras-joint-venture-Boostry-releases-official-webpage-of-its-security-token-platform-4200 

Japanese Conglomerate SBI Injects 7-Figure Sum Into Securitize: https://www.coindesk.com/japanese-conglomerate-sbi-injects-7-figure-sum-into-securitize 

SoFi founder Mike Cagney’s already well-funded new startup is raising another $100 million: https://techcrunch.com/2019/12/01/sofi-founder-mike-cagneys-already-well-funded-new-startup-is-raising-another-100-million/ 

Decentralized Securities Depository, dba Openfinance, Raises $8.6 Million. Seeks Up to $50 Million: https://www.crowdfundinsider.com/2019/11/154464-decentralized-securities-depository-dba-offshoot-of-openfinance-raises-8-6-million-seeks-up-to-50-million/ 

Main Topic:

= Security Token Offering Topics =

Sarson Fund Prepares for Raise with Vertalo: https://www.securities.io/sarson-fund-prepares-for-raise-with-vertalo/ 

= Events covered in this episode =

Video Recap of Overstock Investor Event on November 20th: http://investors.overstock.com/ 

= Check out our Companies =

Tune in to this episode of the Security Token Show where Kyle Sonlin and Herwig Konings discuss the latest Security Token News and Insights with this week's focus on fractional ownership!

Real estate is a hot topic in the security token space. With the asset class being an incredibly popular investment opportunity both domestically and internationally, the idea that real estate developers can fractionalize their ownership and that real estate can be distributed across hundreds or thousands of investors is revolutionary. Today, we’re going to dissect exactly why that is.

Herwig: https://www.linkedin.com/in/herwigkonings 

Opinion articles, interviews, and more: https://medium.com/security-token-group 

Kyle's Company of the Week: HSBC - https://www.hsbc.com.sg/ 

Herwig's Company of the Week: BnkToTheFuture - https://bnktothefuture.com/ 

= Market Topics =

BnkToTheFuture Invests in U.S. Broker-Dealer BMI Capital Investment: https://www.securities.io/bnktothefuture-eyes-u-s-based-stos-through-bmi-capital-investment/ 

XIN Group Tokenizes NY Properties – UPRETS: https://www.securities.io/xin-group-tokenizes-ny-properties-uprets/ 

Japan Joins Asian Security Token Market Through ISTOX: https://thetokenist.io/japan-joins-asian-security-token-market-through- istox/ 

Swiss SIX Exchange Lists Tezos ETP With Staking Rewards: https://finance.yahoo.com/news/swiss-six-exchange-lists-tezos-081438370.html 

Enterprise-blockchain Technology Provider STACS, Joins Current Phase in Singapore’s Project Ubin: https://medium.com/@HashStacsMed/singapores-own-enterprise-blockchain-technology-provider-stacs-joins-current-phase-in-singapore-s-8cccf17fa57b 

CFTC chairman Heath Tarbert has questioned whether Ethereum’s cryptocurrency ether will be classified as a commodity or a security after its planned upgrade: https://blocks99.com/news/ethereums-cryptocurrency-threatened-with-sec-scrutiny/ 

= Main Topic =

= Security Token Offering Topics =

Ziyen Energy Announces Acquisition of Non-Operated Land in Nueces County, Texas: https://finance.yahoo.com/news/ziyen-energy-announces-acquisition-2-194007049.html 

ECOSC Launches Security Token to Upgrade the Global Oil & Gas Supply Chain: https://www.securities.io/ecosc-seeks-to-upgrade-the-global-oil-gas-supply-chain/ 

= Events covered in this episode =

Security tokens realized in New York on December 5th: https://securitytokensrealised.com/ 

Vertalo Live Tokenization and Trading Demo: https://zoom.us/webinar/register/WN_7qHUDSylRxiO5SyC2qSFSg  

= Check out our Companies =

Tune in to this episode of the Security Token Show where Kyle Sonlin and Herwig Konings discuss the latest Security Token News and Insights with this week's focus on the components of the STO ecosystem.

This week we’re covering the components of what makes up a security token ecosystem. We’ll detail what it takes to fully build the security token infrastructure.

= Stay in touch via our Social Media =

Herwig: https://www.linkedin.com/in/herwigkonings 

Opinion articles, interviews, and more: https://medium.com/security-token-group 

Kyle's Company of the Week: RealT - https://www.realt.co 

Herwig's Company of the Week: Mitsubishi UFJ Financial Group - https://www.mufg.jp/english/index.html 

= Market Topics =

“Paradigm Shift” First Security Token Arrives on Ethereum’s Uniswap DEX: https://blockonomi.com/first-security-token-on-uniswap-dex/ 

Mitsubishi UFJ Financial Group Establishes a Security Token Research Consortium, Plans for Future of Digital Securities: https://www.crowdfundinsider.com/2019/11/153801-mitsubishi-ufj-financial-group-establishes-a-security-token-research-consortium-with-multiple-partners-plans-for-future-of-digital-securities/ 

Fundament Securities partners Dacs on custody offering for digital securities: https://www.finextra.com/pressarticle/80486/fundament-securities-partners-dacs-on-custody-offering-for-digital-securities 

End to End Digital Securities Facilitator Propine Accepted into Monetary Authority of Singapore Fintech Sandbox: https://www.crowdfundinsider.com/2019/11/153936-end-to-end-digital-securities-facilitator-propine-accepted-into-monetary-authority-of-singapore-fintech-sandbox/ 

Register your wallets on the Securitize platform with Metamask and Coinbase Wallet: https://link.medium.com/6Y9afwzvu1 

How Tokenized Real Estate on the Ignis Blockchain: https://www.securities.io/tokenized-real-estate-on-ignis-blockchain/ 

The Hurdles Facing Swiss Digital Exchange: https://www.finews.com/news/english-news/38773-how-banks-hold-back-the-digital- exchange 

Hong Kong Regulator to Treat Some Crypto Exchanges Like Security Token Brokers: https://www.coindesk.com/hong-kong-regulator-to-treat-crypto-traders-like-brokers-under-new-rules 

The Risks of Conducting an STO: https://www.linkedin.com/pulse/risks-conducting-sto-gene-deyev 

= Security Token Offering Topics =

Cryptocurrency Information and Analytics Platform, Omnia Markets, Inc., Announces Security Token Offering: https://www.prweb.com/releases/cryptocurrency_information_and_analytics_platform_omnia_markets_inc_announces_security_token_offering/prweb16698047.htm 

= Events covered in this episode =

Vertalo Live Tokenization and Trading Demo: https://zoom.us/webinar/register/WN_7qHUDSylRxiO5SyC2qSFSg 

= Check out our Companies =

Tune in to this episode of the Security Token Show where Kyle Sonlin and Herwig Konings discuss the latest Security Token News and Insights with this week's focus on Real Estate!

= Stay in touch via our Social Media =

Herwig: https://www.linkedin.com/in/herwigkonings 

Opinion articles, interviews, and more: https://medium.com/security-token-group 

= Timeline =

Kyle's Company of the Week: Deutsche Borse - https://deutsche-boerse.com/dbg-en/ 

Herwig's Company of the Week: Paxos - https://www.paxos.com/ 

= Market Topics =

Fundament Group Partners Tezos Foundation to Create Digital Securities Infrastructure: https://ethereumworldnews.com/real-estate-firm-fundament-group-partners-tezos-foundation-to-create-digital-securities-infrastructure/  

Deutsche Börse signs deal to streamline digital securities transfer: https://finance.yahoo.com/news/deutsche-b-rse-signs-deal-230044814.html 

DX.Exchange Halts Operations, Seeks Buyer 10 Months After Launch: https://www.coindesk.com/dx-exchange-halts-operations-seeks-buyer-10-months-after-launch?utm_source=twitter&utm_medium=coindesk&utm_term=&utm_content=&utm_campaign=Organic%20 

Harbor Now Has Both Broker-Dealer and Transfer Agent Licenses in the US: https://www.coindesk.com/harbor-now-has-both-broker-dealer-and-transfer-agent-licenses-in-the-us 

The Global Digital Securities Ecosystem A comprehensive study of the market (2019): https://blockstate.com/digital-securities-study-en/ 

Study: Europe Has The Largest Security Token Ecosystem In The World: https://thetokenist.io/study-europe-has-the-largest-security-token-ecosystem-in-the-world/ 

Switzerland Tax Authorities clarify how Security Token Offerings (STOs) will be taxed: https://thetokenist.io/switzerland-no-profit-tax-or-vat-on-security-token-offerings/ 

Black Manta and Tokeny Partner on European Security Token Platform: https://www.cryptoninjas.net/2019/10/30/black-manta-and-tokeny-partner-on-european-security-token-platform/ 

= Main Topic =

Tzero to Tokenize $25M Luxury Residential Development in the UK: https://cointelegraph.com/news/tzero-to-tokenize-25m-of-luxury-residential-development-in-uk 

Equisafe to Launch 15 STOs Following AnnA Mansion: https://www.securities.io/equisafe-to-launch-15-stos-following-anna-mansion/ 

= Security Token Offering Topics =

= Events covered in this episode =

= Check out our Companies =

Tune in to this episode of the Security Token Show where Kyle Sonlin and Herwig Konings discuss the latest Security Token News and Insights with this week's focus on stablecoins and new US regulation regarding them being considered securities.

= Stay in touch via our Social Media =

Herwig: https://www.linkedin.com/in/herwigkonings 

Opinion articles, interviews, and more: https://medium.com/security-token-group 

Kyle's Company of the Week: ANNA - https://www.anna-web.org/ 

Herwig's Company of the Week: FreedomX - https://tokenfunder.com/ 

= Market Topics =

Ontario Securities Commission Approves ‘FreedomX’ Pilot: https://www.securities.io/ontario-securities-commission-approves-freedomx-pilot/ 

Bank of Lithuania Received 'Dozens' of Inquires About STOs: https://cryptonews.com/news/bank-of-lithuania-received-dozens-of-inquires-about-stos-4938.htm 

From Banking Giants to Tech Darlings, China Reveals Over 500 Enterprise Blockchain Projects: https://www.coindesk.com/from-banking-giants-to-tech-darlings-china-reveals-over-500-enterprise-blockchain-projects 

SWARM Launches a DIY Security Token Issuance App: https://www.cryptoninjas.net/2019/10/23/swarm-launches-simple-diy-security-token-issuance-app/ 

Marketlend Partners with Polymath for SME Loans: https://www.afr.com/technology/local-fintech-launches-new-digital-currency-for-trading-loans-20191027-p534rc 

Introducing Polybird: A global marketplace for securities on the blockchain: https://medium.com/@polybird/introducing-polybird-global-securities-tokens-marketplace-33c2b2b05b19 

= Main Topic =

= Security Token Offering Topics =

Ziyen Inc. Announces the first acquisition of Oil and Gas Lease, 241 Acres in Rains County, Texas in Exchange for 2,300,000 ZiyenCoins: https://finance.yahoo.com/news/ziyen-inc-announces-first-acquisition-155615674.html 

= Events covered in this episode =

= Check out our Companies =

Tune in to this episode of the Security Token Show where Kyle Sonlin and Herwig Konings discuss the latest Security Token News and Insights with this week's focus on private vs. public blockchains for and how security token exchanges must navigate this technology.

Today’s episode we’ll be doing a deep dive on blockchain technology for exchanges as we see more partnerships and exchanges launch more than ever before. The function and use cases differ and the need for public versus private solutions is an interesting topic to discuss or debate depending on where you stand.

Herwig: https://www.linkedin.com/in/herwigkonings

Opinion articles, interviews, and more: https://medium.com/security-token-group

Kyle's Company of the Week: iSTOX - www.istox.com 

Herwig's Company of the Week: Lead Real Estate - https://www.lead-real.co.jp/en/ 

= Market Topics =

UBS managing director Choo Oi Yee to join digital securities startup iSTOX: https://www.businesstimes.com.sg/garage/ubs-managing-director-choo-oi-yee-to-join-digital-securities-startup-istox-0 

Liquefy partners with a consortium of Gulf families to digitize property assets for over US$ 1 billion, starting with a landmark Mayfair luxury hotel: https://finance.yahoo.com/news/liquefy-partners-consortium-gulf-families-230000321.html 

UPRETS to Tokenize New York RE through DigiShares: https://www.securities.io/uprets-to-tokenize-new-york-re-through-digishares/  

Bank of Lithuania issues Guidelines on Security Token Offering: https://www.techtelegraph.co.uk/bank-of-lithuania-issues-guidelines-on-security-token-offering/  

Security Token Platform Polymath Improves Fee Structure: https://www.cryptoninjas.net/2019/10/21/security-token-platform-polymath-improves-fee-structure/?utm_source=dlvr.it&utm_medium=twitter  

Polymath 3.0 Developer Update #3: https://blog.polymath.network/polymath-3-0-developer-update-3-4492166bf89f 

Prometheum Is Building A “Wall Street For Digital Assets”: https://thetokenist.io/prometheum-is-building-a-wall-street-for-digital-assets/ 

Poloniex Branches out from Circle as ‘Polo Digital Assets’: https://www.securities.io/poloniex-branches-out-from-circle-as-polo-digital-assets/ 

Industry Participants Finding Footing within Evolving Digital Securities Sector: https://www.securities.io/industry-participants-finding-footing-withing-evolving-digital-securities-sector/ 

= Main Topic =

tZero Backed Boston Security Token Exchange to Leverage Ethereum Blockchain: https://www.cryptoknowmics.com/news/t-zero-backed-startup-seeks-approval-to-start-security-token-market 

= STO News =

Project Crowd Fundraise Update: https://projectcrowd.weown.com/own/public/public-profile/535/ProjectCrowdAG 

AI recruitment startup Project Crowd raising money by security token offering: https://www.techtelegraph.co.uk/ai-recruitment-startup-project-crowd-raising-money-by-security-token-offering/  

= Market Update =

Tzero: Abnormally weak trading day today, only trading $516 total. This is following nearly $40,000 in volume on Friday, and well below their October daily average of around $5000 per day. Closing price was stable at $1.37, Market Cap $35,933,334

LDCC: No current trading action for the month of October, estimated price $0.535, Market Cap $22,891,411.475

BCAP: Also inactive thus far in October, estimated price $2.03, market cap: $12,339,807.69

SpiceVC: Led today’s market in trading volume with over $1500 traded on OpenFinance. However, there have only been three total trades in the month of October. Estimated price: $1.00, Market Cap: $8,464,689

Protos: One small trade in October, estimated price $1.28, Market cap: $4,288,225.28

22x: No October trading volume, estimated price $.50, Market cap: $2,572,284

= Upcoming Events =

Malta Blockchain Summit on Nov. 7th and 8th: https://maltablockchainsummit.com/ 

= Check out our Companies =

Tune in to this episode of the Security Token Show where Kyle Sonlin and Herwig Konings discuss the latest Security Token News and Insights with this week's focus on the recent progress around the world in defining security tokens legally.

= Stay in touch via our Social Media =

Herwig: https://www.linkedin.com/in/herwigkonings 

Opinion articles, interviews, and more: https://medium.com/security-token-group 

Kyle's Company of the Week: Fundament Group - https://fundament.group/en/ 

Herwig's Company of the Week: Spencer Dinwiddie STO - https://theathletic.com/1231225/2019/09/26/still-confused-about-spencer-dinwiddies-plan-to-turn-his-contract-into-an-investment-platform-we-talked-to-him-and-got-him-to-explain/ 

Fundament Group Receives Strategic Investment from Bauwens Group: https://www.securities.io/fundament-group-receives-strategic-investment-from-bauwens-group/ 

Security Token Firm Taps German Developer’s $7 Billion Property Pipeline: https://t.co/qzmSD1yz3P?amp=1 

Deutsche Bank uses the EOS mainnet to tokenize bonds: https://coinnounce.com/deutsche-bank-uses-the-eos-mainnet-to-tokenize-bonds/ 

DBAAAAA: https://www.eosx.io/account/thedbondsacc 

Fatburger And Others Feed $30 Million Into Ethereum For New Bond Offering: https://www.forbes.com/sites/benjaminpirus/2019/10/09/fatburger-and-others-feed-30-million-into-ethereum-for-new-bond-offering/ 

FAT Brands turns to Cadence in $30M Bond Issuance: https://www.securities.io/fat-brands-turns-to-cadence-in-30m-bond-issuance/ 

The first trade has been made on 1exchange platform!: https://twitter.com/1Xexchange/status/1181105020571279360?s=20 

SEC Seeks Input on ‘Boston Securities Token Exchange (BSTX)’ Proposal: https://www.securities.io/sec-seeks-input-on-boston-securities-token-exchange-bstx-proposal/ 

Filing: https://www.sec.gov/rules/sro/box/2019/34-87287.pdf 

FMA Warning notice — Smart Valor: https://www.fma-li.li/en/news/20191010-warning-notice.html 

WeOwn to partner with Mason Privatbank Liechtenstein: https://weown.com/blog/own-to-partner-with-mason-privatbank-liechtenstein 

InvestReady Announces Service to Verify Accredited Investor Status Instantly: https://www.crowdfundinsider.com/2019/10/152587-instant-gratification-investready-provides-service-to-verify-accredited-investor-status-in-minutes/ 

Announcing Swarm Capital: https://medium.com/swarmfund/announcing-swarm-capital-350e63a74bd9 

Smartlands Will Manage US Broker-Dealer Firm, Aims to Open Investments to US Citizens: https://smartlands.io/news/smartlands-will-manage-us-broker-dealer-firm-aims-to-open-investments-to-us-citizens/ 

An interview with Founder & CEO of Archax, Graham Rodford — part one: https://thetokenizer-io.cdn.ampproject.org/c/s/thetokenizer.io/amp/2019/10/06/targeting-industrial-investors/ 

Liquefy Report on Tokenized Bonds: https://www.linkedin.com/posts/adrian-lai_liquefy-tokenized-bond-activity-6588010513073045504-txH1 

= Main Topic =

Liechtenstein Passes Progressive Blockchain Act: https://www.crowdfundinsider.com/2019/10/152385-liechtenstein-passes-progressive-blockchain-act/amp/ 

= Security Token Offering Topics =

Project Crowd Security Token Offering: https://weown.com/blog/5-reasons-we-think-project-crowd-is-great 

= Market Update =

Total STO market cap: $102,000,000, down 2% today

Looking for more news from Openfinance, which seems to be still struggling with volume, and 1exchange, which is just now getting off the ground.

= Upcoming Events =

Crypto Invest Summit Security Token Track on October 15–16th in LA: http://cis.la/ 

World Blockchain STO Summit on October 21st in Dubai: https://worldblockchainstosummit.com/ 

= Check out our Companies =

Tune in to this episode of the Security Token Show where Kyle Sonlin and Herwig Konings discuss the latest Security Token News and Insights with this week's focus on the Crypto Ratings Council.

= Stay in touch via our Social Media =

All articles that were discussed were sourced from www.STOmarket.com/news 

= Market Topics =

Spencer Dinwiddie plans to continue with investment plan: https://apple.news/AL_yYJs_ZSlmJg37R3AZ40g 

Overstock.com and execs sued for securities fraud; crypto strategy and “bizarre” CEO statements cited: https://www.theblockcrypto.com/post/41360/overstock-com-and-execs-sued-for-securities-fraud-crypto-strategy-and-bizarre-ceo-statements-cited  

Harbor’s Regulatory Wait Ends as FINRA Awards Crypto Broker-Dealer License: https://www.coindesk.com/harbors-regulatory-wait-ends-as-finra-awards-crypto-broker-dealer-license 

iSTOX Exchange Completes Series A Funding: https://www.securities.io/istox-exchange-completes-series-a-funding/ 

Siacoin Developers Fined $250,000 by SEC; Greenlights Siacoins: https://www.securities.io/siacoin-developers-fined-250000-by-sec/ 

Nebulous (Sia) Enters into Settlement with SEC Regarding 2014 Offering of Sianotes and 2015 Conversion into Siafunds: https://sia.tech/settlement2019 

SEC Adopts New Rule to Allow All Issuers to “Test-the-Waters”: https://www.sec.gov/news/press-release/2019-188 

US House Committee Hearing with the SEC on Libra, Crypto and Securities: https://cointelegraph.com/news/updates-ongoing-us-house-hearing-with-commissioners-of-the-sec 

US Congressmen Ask Fed to Consider Developing ‘National Digital Currency’: https://www.coindesk.com/us-congressmen-ask-fed-to-consider-developing-national-digital-currency? utm_source=twitter&utm_medium=coindesk&utm_term=&utm_content=&utm_campaign=Organic%20 

Morningstar Is Building A Blockchain Bridge To The $117 Trillion Debt Securities Industry: https://www.forbes.com/sites/michaeldelcastillo/2019/10/01/morningstar-is-building-a-blockchain-bridge-to-the-117-trillion-debt-securities-industry/#74cbe5c53612 

Nomura, Rakuten, SBI form Security Token Offering Association in Japan: https://www.theblockcrypto.com/linked/41615/nomura-rakuten-sbi-form-security-token-offering-association-in-japan 

Token Tech firm Securitize Raises $14 Million from Santander, MUFG: https://www.coindesk.com/token-tech-firm-securitize-raises-14-million-from-santander-mufg-nomura  

Thomas Carter Talks About the Next GoDaddy of the Blockchain Crypto Space: https://aithority.com/technology/cryptocurrency/thomas-carter-talks-about-the-next-godaddy-of-the-blockchain-crypto-space/ 

Saum Noursalehi, CEO of tZERO — Securities.io Interview Series: https://www.securities.io/saum-noursalehi-ceo-of-tzero-interview-series/ 

Forbes Digital Assets Interview With Liquefy CEO, Adrian Lai: https://www.forbes.com/sites/forbesdigitalassets/2019/10/01/forbes-digital-assets-interview-with-liquefy-ceo-adrian-lai/#30dfdd525b8f 

= Security Token Offering Topics =

Blockstack closes round: https://www.coindesk.com/blockstacks-regulated-token-offerings-raise-23-million 

Rokkex STO: https://medium.com/@rokkex/rokkex-sto-is-live-e042cf6a925b 

= Events covered in this episode =

World Blockchain STO Summit on October 21st in Dubai: https://worldblockchainstosummit.com/ 

= Main Topic =

XRP is a Security, According to US Cryptocurrency Exchangeshttps://www.newsbtc.com/2019/09/30/xrp-is-a-security-according-to-us-cryptocurrency-exchanges/ 

Ripple Touts UK’s Classification of XRP As Exchange Token and Not a Security, Calls for Increased Crypto Clarity: https://dailyhodl.com/2019/09/29/ripple-touts-uks-classification-of-xrp-as-exchange-token-and-not-a-security-calls-for-increased-crypto-clarity/ 

= Check out our Companies =

Tune in to this episode of the Security Token Show where Kyle Sonlin and Herwig Konings discuss the latest Security Token News and Insights with this week's focus on custody for security tokens.

As we have discussed extensively throughout these podcast episodes, security tokens are defined as a digital representation of ownership in real-world assets. This is represented as a token that has legally-binding ownership rights to the underlying asset. Today we’ll get into how custodians will manage asset ownership on an institutional scale, and what is required to manage ownership in a digital token that has been originated on the blockchain.

= Stay in touch via our Social Media =

Herwig: https://www.linkedin.com/in/herwigkonings 

Opinion articles, interviews, and more: https://medium.com/security-token-group 

Kyle's Company of the Week: Swarm - https://www.swarm.fund/ 

Herwig's Company of the Week: SIX/ SDX - https://www.sdx.com/en/home.html

= Market Topics =

Former MAS Regulator Hired as Head of Compliance at iSTOX

J.P. Morgan’s blockchain-based network grows to over 330 banks

SIX launches prototype of digital exchange, blockchain securities depository

SEC Charges ICO Incubator and Founder for Unregistered Offering and Unregistered Broker Activity

AssetBlock Launches Tokenized Property Trading on Algorand Blockchain

South Korea’s main opposition party, the Liberty Korea Party, will back the authorization of security token offerings in its new, pro-crypto policy

Ownera To Launch Digital Securities API With Amazon Partnership

Swarm Investor Pass Launch

Stacks Investment Platform for Tokenized Securities Nearing Launch

Security Token Offerings:

Curzio Executive Offering Update

Overstock to Postpone STO Dividend; Seeking Rule 144 Exemption to Remove 6 Month Lockup (secfilings.nasdaq.com)

Buying.com STO

WeOwn Security Token

LDX Exchange Security Token

= Security Token Offering Topics =

Tzero Token Price: $2.30, over $16,228 in trading volume today

Total market cap: 133,000,000, 2% decrease from last week

= Events covered in this episode =

Webinar on Unlocking Liquidity Premium Through Asset Tokenisation on September 24th (today)

Fintech2020 on October 3rd-4th in Washington DC

Crypto Invest Summit Security Token Track on October 15–16th in LA

World Blockchain STO Summit on October 21st in Dubai

CryptoOps2019 on October 21st in NYC