We have prepared for you the most important news from the Security Tokens area for the past week (17 - 23 December 2018). TheArtTokens STO raised $5M, New security token standard, New tokenizations and more.

1 TheArtToken Has Raised More than USD $5 Million on Swarm.Fund Platform

Swarm, a non-profit providing open infrastructure for digital securities, announced today that TheArtToken (TAT), an investment opportunity issued using Swarm’s technology, has exceeded its first funding goal with over USD $5 Million committed. View source

2 New Security Token Standard - T-REX - Released by Tokeny

As of December 17th 2018, Tokeny officially released a new, open source security token standard: Token for Regulated Exchanges (T-REX). The standard integrates a decentralized validation system to focus on compliance for the life-cycle of security tokens. View source

3 New STO Is Upcoming - TradeCloud

TradeCloud Services Pte. Ltd. (TradeCloud) intends to raise up to US$20m in the first half of 2019, through a Security Token Offering carried out via a Swiss subsidiary. The STO will be one of the first of its kind in Switzerland and will be compliant with applicable financial market regulations. View source

4 TokenSoft Will Offer Coinbase Custody for its STO Clients

TokenSoft, a security token offering platform, has partnered with Coinbase to provide an alternative custody solution for clients. The firm announced Thursday that STO issuers can now choose between self-custody through its platform or third-party solutions, including Coinbase Custody. View source

5 Medici Ventures Managed to Transfer $3.6M USD Securities into Tokens.

While an abundance of hype surrounds the capabilities of blockchain technology, its ability to transfer equity using tokens as digital securities has been demonstrated. Medici Ventures, the leading blockchain accelerator and subsidiary of Overstock.com, Inc., has successfully conducted a digital securities token transfer representing its equity ownership in Chainstone Labs, a company focused on digital securities and decentralized asset management. View source

Bonus We at STOscope Are Happy to Announce the List of STO Platforms

Are you going to conduct your own Security Token Offering and looking for a suitable platform for issuing tokens and solving all the related challenges? We have a solution - a list of services and platforms that provide the services you need. You can see the list of STO platforms here.