What is STO? NASDAQ enters the cryptocurrency industry! What exactly is a security token?!

The NASDAQ, the American venture-focused stock market, was reported by the cryptocurrency news siteThe Blockto be considering launching a security token platform.

Reference:The Block

According to The Block's report, NASDAQ aims to enter the cryptocurrency industry by launching a security token platform.

【Original English】

The firm, which is best-known for bringing technology companies such as Facebook and Tesla to market, is exploring a security token platform, the people said. Such platforms provide a way for firms to issue a token, which trades on a blockchain, as a way to raise funds. Security token offerings (STOs), unlike some initial coin offerings (ICOs), aim to fit into the parameters of existing U.S. securities law.

【Japanese translation】

Facebook and Tesla, among other technology companies, are best known for bringing them to market, and the company is exploring a security token platform.

Such platforms provide a way for firms to issue tokens that trade on a blockchain as a means to raise funds.

Unlike some initial coin offerings (ICOs), security token offerings (STOs) aim to conform to the parameters of existing U.S. securities law.

Quotation:The Block

What is an STO (Security Token Offering)?

STO stands for.........Continue here ⇩

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