Digitised assets and tokenised securities are still in their infancy, but they’re coming…
Emerging from the shadows of the much-maligned initial coin offering (ICO), the STO and the tokenised security (see here for the distinction) rest at the intersection where the blockchain and tangible assets meet. The digitisation of assets and funding raising through the issuance of STOs hold myriad opportunities for investors both institutional and retail.
This week, the Grand Connaught Hotel in London’s Holborn played host to two days of panels, pitches and spirited discussion of all things STO. STRealised sought to establish a greater understanding of security tokens and their uses, as well as shining a light on some of the fledgling field’s early innovators.
The conference was rounded out with an award ceremony hosted by TFT CEO Katia Lang and US Capital Global’s Jeffrey Sweeney which gave centre stage to an assortment of bright sparks and their tokenised offerings…
And the winners are…
The exchange with the best focus on transition from the traditional equity world : DX.Exchange
DX.Exchange is the first complete crypto community that allows institutions and individuals to purchase cryptocurrencies with fiat, trade cryptocurrencies, and convert crypto back to fiat. Having been built on Nasdaq’s market leading matching engine and market surveillance technology, DX seamlessly straddles old and new trading and investment.
Honourable mentions: Archax and HighCastle Technologies LTD
Security token Exchange with the most promising vision: Archax
Archax is a regulated, institutional-grade exchange for trading asset-backed tokens (digital securities, security tokens, etc.) based in the City of London. Founded by experts from the financial markets and backed by an accomplished advisory board, Archax is lighting up the space and a presentation by CEO Graham Rodford clearly caught the judge’s attention.
Honourable mentions: Sovren and Neon Exchange
Judges Favourite Investment Bank, PE, Fund embracing STOs: Liqubit
Liqubit is a wealth management platform that opens up private equity investments to retail investors. Using an aggregation of investor capital, Liqubit invests across a wide portfolio of top tier private equity funds. Its creative DLT-based approaches to minimum investment requirements and real-time liquidity made them the standout prospects in this category. By aggregating investors’ capital, Liqubit will invest across a diversified portfolio of top tier private equity funds.
Honourable mentions: Atomic Capital and Spice VP
The Security Tokenisation platform offering the best balance of interoperability: Kodebox
Kodebox is a blockchain technology company specialising in asset management systems. Its main offering, CodeChain, is a platform dedicated to the tokenised assets. Users can issue and trade tokens throughout the ecosystem in a regulatory compliant way, as well as facilitating low friction peer-to-peer exchange of assets using its custom Asset Exchange Protocol.
Honourable mentions: Neufund and Tokeny
Most promising KYC/AML/Compliance Checker for Security Tokens: Heliocor
Heliocor helps clients cope with the ever-changing demands of regulation by delivering solutions that meet compliance and regulatory requirements, specifically in the area of fraud detection and prevention.
Honourable mentions: Sedicii and Torca
Most Innovative Law Firm in Tokenisation: DLA Piper
As one of the largest international legal professional services practices in the world with dedicated securitisation lawyers specialising in the tokenisation of financial products, DLA Piper offer a formidable integrated service. It combines seamless advice and deal execution for clients with an emphasis on the specific legal, regulatory and commercial issues that can arise in the digital and crypto assets space.
Honourable mentions: DS Avocats and Fisher Broyles
Most Promising Security Tokeniser/ Issuer: Tokeny
With decades of experience across capital markets, Tokeny’s team brings together in-depth knowledge from traditional finance whilst also coupling this with blockchain expertise. Founded in 2017, the team currently encompasses over 20 professionals with a global reach spanning from Luxembourg, London, Paris and Minneapolis.
Honourable mentions: Vertalo and StartEngine