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SEFtoken to host Security Token Offering

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SEFtoken to host Security Token Offering

Digital Warrant Offering

In a recent press release, SEFtoken has announced their intention to host an upcoming Digital Security Offering (DSO). The company is undergoing this fundraising to continue the development of their Licensed Exchange Infrastructure.

Securitize – a market leading end-to-end issuance service – will provide the services needed to undertake this DSO.

SEFtoken is offering a product that is unique from what the market has seen to date. The plan is to offer what SEFtoken refers to as a ‘covered warrant security token’.  A ‘covered warrant’ refers to the ability for an investor to purchase a security at a specific price. This purchase must take place prior to a predetermined deadline.

Each token is representative of a warrant, which can later be converted into equity through use of the company’s Financial Market Infrastructure.

This is a unique approach, and a first, in the world of digital securities.  As it is another potential means in which blockchain technology can be used to advance finance, many eyes will be watching the success of the product.

SEFtoken

SEFtoken is a Delaware based company. They are a young company looking to make their mark on the industry. However, by turning to Securitize, they now have the means to successfully launch their world’s-first ‘covered warrant security token’.

Director of SEFtoken, Brian Price commented on the product in their press release. He stated, “The use of the covered warrant structure in the digitized security token era of 2019 introduces a critical structural enhancement to the industry overall and we are pleased to be able to grant potential investors with actual asset ownership via SEFtoken.”

He further added that, “Through our SEFtoken structure, we are committed to providing investors with what they are demanding, namely transparent and compliant ownership of a credible asset. If the offering hard cap is met, that ownership means SEFtoken holders will own 47 percent of the underlying asset and as a block will become the largest shareholder of the asset.”

Securitize

Securitize is based out of San Francisco, and was founded in 2017. For companies looking to issue digital securities, Securitize offers an end-to-end solution, guiding them through the process.

Securitize CEO, Carlos Domingo, commented on the SEFtoken announcement. He stated, “We at Securitize are very excited to kick start the new year by helping SEFtoken issue the first ever covered warrant structured digital securities. Innovative structures like these help showcase blockchain technology’s potential to unlock illiquid assets in a compliant way for asset holders.”

In Other News

Securitize is shaping up to be a leader within the digital securities sector. In fact, they were the ones to coin the term ‘digital securities’, as they believe it is better representative of the described asset.

Beyond that, Securitize has caught our attention multiple times in the last month. From reporting on a $12.75 million Series A, to being major players in an upcoming conference, Securitize means business.

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Joshua Stoner is a multi-faceted working professional. He has a great interest in the revolutionary 'blockchain' technology. In addition to this, he is a licenced Paramedic in Nova Scotia, Canada. As such, he can provide emergency care/medicine to any situation necessitating it.

Security Tokens

Max Crowdfund STO Promises to Fuel Tokenization Revolution

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Max Crowdfund STO Starts

This week, European investors got their first opportunity to participate in the Max Crowdfund STO. The Max Crowdfund platform seeks to revolutionize the EU real estate sector via an aggressive tokenization strategy. Interestingly, the STO will take place across five phases with the first release already surpassing its soft cap of €500,000.

Max Crowdfund

Max Crowdfund is the tokenization and crowdfunding arm of Max Property Group B.V. (MPG). The platform utilizes blockchain technology to streamline real estate investments in a major way. The platform currently boasts over 75,000 global users. Additionally, Max Crowdfund provides the EU market with much-needed liquidity.

Developers seek to expand upon the platform’ s success. As such, funds raised from the STO will go towards the final development stages of the project. Once the platform is completed, it will become a complete real estate security token ecosystem. This ecosystem will include both native Android and iOS apps.

Also, third-parties will be able to tokenize and crowdfund their own properties via the platform. This means that other real estate firms can enjoy the same benefits without the need to invest directly in blockchain technology. Notably, this strategy has the potential to revolutionize development projects. Basically, any developer can now get pre-funded for their projects if investors feel the ROI is good.

A Global Audience

Max Crowdfund will remove many of the typical barriers surrounding real estate investment. For example, investors can participate in property sales for as little as $100. Aside from making real estate investing a reality for anyone, the platform seeks to provide these opportunities to a global audience.

Snippit from Max Crowdfund Whitepaper

Snippet from Max Crowdfund Whitepaper

Currently, Max Crowdfund awaits pending regulatory approval from the Dutch financial authorities (AFM). The company filed for approval back in October 2019 but the AFM has yet to make a decision. Typically, an AFM license approval takes around thirteen weeks to complete.

Max Functionality

Max Crowdfund is already a major player in the tokenization sector. The platform is best known for its unique combination of features. Features such as automated KYC/AML reduce the amount of time it takes an investor to enter the market. Also, the platform offers multi-currency investment options. This feature is set for major expansion as the platform prepares for its global launch in the coming months.

Max Property Group B.V.

The Max Property Group B.V. entered the EU real estate sector in 2016. The company quickly gained notoriety for its advantageous market strategy. Currently, Max Property Group B.V. controls over €7,000,000 of property assets. The firm specializes in property funds, management services, and sales.  Importantly, Max Property Group B.V. started development on the Max Crowdfund platform in 2017.

EU Tokenization

It’s no surprise to see Max Crowdfund’s expansion. The EU leads the globe in terms of security token regulatory framework. Many analysts see security tokens as the natural evolution of the crypto sector. A solid regulatory framework does more than just protect investors. It allows firms to invest in R&D without concern about the legal ramifications. In turn, you get more investment capital flowing into innovation.

Max Crowdfund STO

The Max Crowdfund STO is underway currently. Given the reputation and success of the platform to date, you can expect to see further investment into its capabilities as the EU tokenization sector continues to heat up.

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Issuers

GreyP Scores with NeuFund STO – Black One Entertainment On Deck

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GreyP Scores with NeuFund STO - Black One Entertainment On Deck

Mission Successful

On a positive note, issuance platform, NeuFund, has announced the successful completion of a marquee STO being held by GreyP on their platform.

While never intended to be a financially large scale STO, the event was important, as it demonstrated the effectiveness and potential for digital securities to change the way smaller, private companies raise capital.

Just prior to the launch of the STO, we detailed the events which made it possible. In the following article you can learn more about the clearance given to NeuFund by the FMA, and what it means for the platform, moving forward.

NeuFund Preps for GREYP Token Sale upon FMA Clearance

Due, in large part, to their successes, NeuFund continues to see strong growth in their client base. The company indicates that their platform investor pool now totals great than 11 thousand individuals. This growth should result in a snowball effect, as issuers are attracted to the platform due to the scope of investors. More STOs will then draw in more investors – and the cycle continues.

Details of the Raise

With regards to the GreyP STO, there were various positive figures that came out of the events. The following are a few of the details surrounding participation:

  • 1017 participating investors
    • Hailing from 34 different countries
  • €4million raised
    • Represents 179% of the target cap

https://youtu.be/LhK9fSvyNm0

Commentary

This early in the developmental stage of the digital securities sector, any successful STO is an important feat. With every positive and negative experience, industry participants can adapt and grow. Recognizing the importance of the GreyP STO, Zoe Adamovicz took the time to comment by stating,

“It’s an exciting day for Neufund and huge step forward for the security tokens industry at large. We have proven that private companies can effectively utilize blockchain IPOs, whilst lowering the barrier to entry for retail investors. Neufund is the future of stock exchanges.”

Speaking with Zoe

Earlier this year, we were able to complete an exclusive interview with the CEO of Neufund – Zoe Adamovicz. In this discussion, we learn more about NeuFund, themselves, as well as the views of Adamovicz herself.

“Blockchain is one of the greatest opportunities we’ve been presented with in modern history. Decentralization is ultimately about equalizing opportunities, so a young entrepreneur from the third world receives the same access as a wealthy investor. Building solutions that perpetuate the mistakes of existing markets solely for the purpose of increasing revenues is not enough. We, as a Blockchain community, can and should do better.”

Interview Series – Zoe Adamovicz, CEO of NeuFund

GreyP

Operating out of Croatia, GreyP is a tech company, which was founded in 2013. Above all, the team behind GreyP is working to redefine ‘smart mobility’. This technology has led the company to utilize e-bikes as a development platform.

CEO, Mate Rimac, currently oversees company operations.

NeuFund

Maintaining headquarters in Berlin, Germany, NeuFund is a popular digital securities issuance platform, which was founded in 2016.

CEO, Zoe Adamovicz, currently oversees company operations.

In Other News

NeuFund has also announced their follow-up to the successful GreyP event. This will see Black One Entertainment look to repeat this success in early 2020. While a firm date has not been announced for this STO, more information can be found in the company’s pitch deck, HERE.

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Real Estate

Tokenizing London Penthouses and Greek Island Villas

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Sotheby's

Luxury Real Estate

With multiple STOs already on the docket from a variety of asset classes, Smartlands has just announced a new collaboration, which will, hopefully, see the addition of multiple more. This move sees the UK based company partner with Sotheby’s International Realty.

This collaboration will see the pair explore the feasibility of tokenizing multiple pieces of luxury real estate. The company notes two specific properties as holding the potential for tokenization.

  • Greek Islands Villa
  • London Penthouse Apartment

While details on the STOs are scarce, for the time being, it is indicated that the Greek Islands Villa is under management by a world renowned hotel network.

This collaboration spurred Smartlands’ Executive Director, Katharine Manderfield, into commenting. She stated that, “Deals of this level of exclusivity will open a new page in asset tokenisation.”

Past Successes

While many are still figuring out their first steps within the world of digital securities, Smartlands remain one of the few companies to have successfully completed an STO. Not only that, but they are now moving on to subsequent opportunities.

Like any experiences, they have the ability to shape our future actions. Expect Smartlands to learn from their past capital generation events, and apply that knowledge to the development discussed here today. The following articles take a brief look at just what these previous successes were.

Smartlands to Tokenize Nottingham Real Estate through STO

Smartlands Team up with ECN CrowdCamp

Popular Implementation

Due to the nature of real estate, it has caught the attention of various tokenization platforms from more than just the United Kingdom. While there have been hiccups along the way – such as the failure of Fluidity and Propellr – real estate continues to be one of the more lucrative industries, which stands to be transformed by digital securities.

Despite beginning to branch into different sectors, such as commodities and disruptive start-ups, expect for real estate to remain a popular outlet on Smartlands’ path to reaching the goal of tokenizing $1 billion in assets.

Speaking with Arnoldas

Roughly 6 months ago, we were fortunate enough to have completed an exclusive interview with the then CEO of Smartlands, Arnoldas Nauseda. While he has since transitioned into the role of Chairman, our discussion with Arnoldas Nauseda remains relevant today, offering a glimpse into Smartlands operations.

Interview Series – Arnoldas Nauseda, Chairman of Smartlands

Sotheby’s International Realty

Founded in 1976, Sotheby’s International Realty is a United Kingdom based company. While many associate the name Sotheby exclusively with fine art, there are company branches, such as Sotheby’s International Realty. This branch specializes in facilitating the buying/selling of real estate, with a presence in over 60 countries.

CEO, Philip A. White, currently oversees company operations.

Smartlands

Founded in 2017, Smartlands is a tokenization platform, which operates within the United Kingdom. Through use of the Stellar blockchain, this forward thinking company has developed a variety of solutions built to make fractionalized ownership of real world assets accessible to the masses.

CEO, Ilia Obraztsov, currently oversees company operations.

In Other News

Not content with opportunities based solely in the United Kingdom, Smartlands recently took their first steps towards operating within the United States. These steps were taken by forming an alliance with a U.S. based broker/dealer, bringing support for state-side investors on their platform.

Smartlands Set for Expansion into U.S. with New Agreement

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