Thai Crypto Exchange Satang Plans to Raise $10 Million in Security Token Offering

Thai cryptocurrency exchange Satang Corp. plans to raise nearly $10 million in a security token offering (STO), despite the recent market meltdown, Asia-focused business publication Nikkei Asian Review reported Dec. 4. Satang’s plans are reportedly supported by the Government of Thailand in a bid to make the country a blockchain center and develop a regulatory…

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Blockchain Capital, Coinbase Invest $12.75 Million in Security Token Issuance Platform

A number of high profile companies within the cryptocurrency space have invested in Securitize, a primary issuance platform for asset-backed security tokens on the blockchain.The startup raised $12.75 million in a Series A funding round led by San Francisco-based VC firm Blockchain Capital. Coinbase Ventures, Ripple, NXTP, and Global Brain Corporation have also invested.Securitize CEO…

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