STOs in Hong Kong
This podcast starts with a background to security tokens and comparison between security token offerings (STOs) and initial coin offerings (ICOs). A security token is a digital or virtual asset issued on distributed ledger technology (DLT) in the form of a security. Examples include the tokenised shares issued by NYSE or NASDAQ-listed Tesla (TSLA), Coinbase (COIN), Gamestop (GME) and Apple (AAPL) which can be traded on FTX and Binance. Securities tokens can also represent other traditional forms of investment products, as well as “utility” or “network” token (e.g. Munchee token).