Canadian Stock Exchange Launches ‘Fully-Regulated’ Token Funding Platform, ‘Unlike’ ICOs

The Canadian Securities Exchange (CSE) announced yesterday, Feb.13, that they will soon launch a securities clearing and settlement platform based on the Ethereum (ETH) Blockchain that lets companies raise capital with security tokens.

According to the CSE announcement, companies using the Blockchain-based platform can issue Security Token Offerings (STO) to investors as a means to raise capital. Those issuing tokens via the CSE platform will “be subject to full regulation by applicable securities commissions”.

The CSE positions their STOs to companies as an alternative to running an Initial Coin Offering (ICO), which the exchange misleadingly calls unregulated.

The press release notes that the platform will benefit both “large, established companies,” as well as, “start-up entrepreneurs seeking to access the public capital markets for the first time.”

In conjunction with the new platform announcement, CSE has signed a Memorandum of Understanding with Kabuni Technologies, a Blockchain-based manufacturing platform that tracks 3D printed products, to be the first to issue STOs…

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