Notes, opinions & analysis on the adoption of automated finance
SharesPost announced enhancements to their platform, enabling a compliant access to trade “Digital Securities” or “Security Tokens”. The first security they plan to support is units of the Blockchain Capital fund. SharesPost is a marketplace for private growth companies and has done $4.5B in transactions since 2009. Those transactions have been for 250 companies, including …
Continue reading “SharesPost: Enabling Compliant US Secondary Market for Security Tokens”
What does Estonia and Canada have in common? Both have regulator-engaged equity-linked token experiments. Unimpressed Reddit was not impressed when a Trustnode’s piece hit the top of r/Ethereum. The article reported on large cap, American, single issue stocks being linked to ERC-20 tokens by a firm in Estonia, DX.Exchange. While the majority of American investors …
Similar to the fledgling on-chain lending markets and the debt-token ecosystem, on-chain equity-linked token solutions are seeing development, interest and capital flows. In 2018, 3000 investors registered on an early stage equity issuance platform named Neufund. They recently announced a partnership with Ledger. The platform (arms-length?) operator, Fifth Force, looks to compete with Polymath. Neufund …
Continue reading “Neufund: Equity-Linked Tokens & Supporting Platform”
Dune Analytics analyzed the state of dApp adoption at the end of 2018. One of the apps they looked at is Compound. They shared that Compound had $8M USD worth of Dai supplied. As of today, there is a $16M worth of supply. Compound launched in September 2018. This kind of market, for crypto, is …
Continue reading “Compound: Algorithm & Arbitrage Backed Money Markets”