Where world’s renowed experts place STOs?
The digitalized, blockchain, real-world assets investments are the big enchilada right now.
In a recent interview with Bloomberg TV, the BitPay’s CCO, Sonny Singh, stated that bitcoin would only grow higher from its current price, giving a prediction for a raise from 15.000$ to 20.000$ by the end of Q4 2019.
Moreover, he also said that it was business interest and support of digital currencies that were feeding the current market-wide bull run.
With the abolition of the double standard which used to support private cryptocurrency and banish decentralized ones, “we are commencing to see that these currencies have real use cases around the world, and it’s making people really excited now because they can see the light at the end of the tunnel for these use cases”.
During the whole discussion, Sonny Singh was mentioning forthcoming projects, based on cryptocurrencies, from world-leading corporations such as Facebook and Fidelity Investments, as well as living ventures such as JPMorgan’s JPM Coin.
Besides, the BitPay’s CCO has commented multiple times in the media, about “the ICO market which is pretty dead right now”.
Further, Mr. Singh is a true advocate of the STO as a win-win situation for both investors and issuers.
“The ability to represent the ownership of real-world assets on a blockchain can meddle the way we manage assets for good by giving many the opportunity to make big value investments like real estate properties, gold, or fine art pieces that are often reserved for the few.”
In other terms, more people worldwide will be able to participate in smart, digitalized investments, such as Blueshare - the world’s first and only hybrid, Swiss, blockchain project offering both traditional and tokenized equity capital participation shares of Interprom Mining AG — a consolidated, brick and mortar company with solid portfolio in construction and mining business.
Going back to Singh’s predictions, he finished the with Bloomberg TV, saying:
“It’s going to be hard. They’re going to have to make a classification: ‘digital currencies — these are the rules around all digital currencies.’ And that’s what the industry’s waiting for — to have regulations that we can follow and adhere to prove that everything is legal in an organized way.”
You can read more about the Blueshare project on the official website. Also, stay tuned on Facebook for regular updates for any news surrounding the project!
