STO Platform’s Registration with Traditional Bank Helps Move Security Tokens Forward

Security token offering (STO) platform, Blockpulse, has obtained registration with the ACPR Bank of France.

Blockpulse “registered at ACPR Banque de France with its partner, Lemonway, the leading European digital payment solution for investment platforms,” Blockpulse COO Marien Irzykiewicz told Cointelegraph. The company also alleges that the outfit is the first STO platform to achieve registration with the french entity.

Confirmation of their registration is available on the ACPR Bank of France registry.

STOs are a more regulated approach than ICOs

Initial coin offerings, or ICOs, have largely died off as a fundraising method since their 2017 boom — the result of governing bodies stepping up their overwatch.

STOs, on the other hand, have not yet seen such a boom. Taking a more regulated approach, STOs aim to sell backed tokenized securities. Blockpulse is a platform that deals with assets of this kind. Read More...

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