Post-ICO Era: FinTech Startup LeadBest Paving the Way for Security Token Offerings (STOs) in the Global Capital Market
Initial coin offerings (ICOs) have been providing some of the fastest ways to raise capital since 2017, however, they were also seen as the main factors in creating instabilities in the market. With the world’s major governments now implementing tighter regulations to restore stability in the market, companies looking to launch cryptocurrencies are now choosing private sources of funding over public ones.
This has led to the rise of the security token offering (STO), a form of ICO that can meet various regulatory requirements and offer tangible assurances for investors. STOs not only provide more well-rounded and legitimate ways to raise funds, they are also considered the future of business financing.
The United States is currently the leading market for security tokens. Japan and Korea have also been proposing new regulations in their respective markets. The U.S. Securities and Exchange Commission (SEC) previously considered Bitcoin and Ethereum as non-security tokens. However, in September, a New York federal judge ruled that the Howey Test could be applied to determine if a cryptocurrency is a security token, implying that cryptocurrencies could be regulated under U.S. securities laws.
Meanwhile, the World Bank had recently mandated the Commonwealth Bank of Australia (CBA) as arranger for the world’s first blockchain-powered bond, bond-i (blockchain operated new debt instrument), motivating many governments to re-evaluate their own corresponding policies and regulations.
These recent events indicate that securitized crypto assets are here to stay.
LeadBest: From blockchain funding to comprehensive primary market solutions
Since inception, the LeadBest team has been providing blockchain and smart contract technology services to assist enterprises through all stages of token issuing (ICO, STO, stablecoin, real estate tokenization), private equity fundraising, token distribution, and asset management. The team specializes in providing one-stop solutions that fully cater to the needs of clients in the “funding, investment, management and exit” primary market cycle.
LeadBest specializes in providing one-stop primary market solutions
“With our one-stop STO solutions, we’re linking up global virtual and physical assets and paving the way to the best of both worlds in terms of new and current forms of investment and financing,” said LeadBest co-founder and CEO Neil Lee.
In addition to possessing technical knowhow, LeadBest is working closely with one of the Big Four accounting and law firms, KPMG, and ICO consulting firm MICA to cover all the bases in the STO ecosystem. With a trusted, fast and convenient platform, LeadBest not only wants to introduce next generation investors to new and current forms of investment, but also grow a truly global and dynamic investment ecosystem and network.
LeadBest Official Site: www.leadbest.io
Contact: Sophy Yeh (sophy.yeh@getoken.io)
To learn more about LeadBest, please visit our official site: https://www.leadbest.io/
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