So far, billions of dollars worth of STO's were announced to be tokenized on Tezos, but progress was slow. STO's are regulated token offerings and need to comply with applicable laws and regulations which takes time. Another time consuming factor is the fact that the whole infrastructure for offering STO's in a properly regulated fashion is in it's infancy. Regulations, issuers, clients and platforms all enter new territory. This truly is the beginning of a new era. Things are slowly falling into place though.
Thailand seems to have the most complete set of regulations that gives clarity and freedom for institutions to expand the STO space and revolutionize asset investment as we know it. Elevated Returns is taking the lead there with an exchange that is fully built on Tezos. ERX exchange is in the last phase of completion. Since October, they have started on-boarding local clients.
A few weeks ago STO "Aspen Coin", which is tokenized on Tezos, started trading on tZERO. This week DealBox announced a $25 million STO on Tezos that will launch next month and today tZERO made the announcement that they signed an agreement with Tynton Capital to tokenize $300 million worth of STO's on Tezos.
The Tynton Capital STO will be the tokenization of a $300 million worth data infrastructure technology fund.
"Founded by Jeffery Thomas, Tynton Capital is a wholly owned subsidiary of Tynton Group, an innovation, funding, and venturing platform focused on the application of technology to transform society. Tynton promotes businesses that deliver sovereign data solutions and brings over twenty years’ experience of the digital economy together with the know-how and a global network to accelerate the growth of digital businesses. The Tynton team previously founded Ark Data Centers, the UK’s leading data center platform, and UKCloud, the sovereign cloud provider." - Source
When exactly the STO will be trading has not yet been announced. It "is expected to trade on the tZERO ATS, following its offering and any applicable regulatory holding periods and confirmatory due diligence."
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