Glossary of Digital Asset Offering Acronyms

Jason Garland
STOs: News and Updates
2 min readApr 1, 2019

The quickly-changing digital asset market has led to many terms being used, some common and some more obscure. This is just a start, so please let me know what I missed in the comments.

DAICO ⁓ Decentralized Autonomous Organization + ICO (An Offering that combines aspects of Decentralized Governance)

DAO ⁓ Digital Asset Offering (Though a bit confusing due to Decentralized Autonomous Organization DAOs)

ETO ⁓ Equity Token Offering (Type of STO)

IAO ⁓ Initial Airdrop Offering (also being used as Initial Asset Offering)

ICO ⁓ Initial Coin Offering

IEO ⁓ Initial Exchange Offering (Offerings conducted on Exchanges)

IFO ⁓ Initial Fork Offering

ISO ⁓ Initial Securities Offering (Similar to STO but not limited to Blockchain-Based Tokenized Securities)

KYC/AML/CFT ⁓ Know Your Customer, Anti-Money Laundering, Counter Financing Terrorism (Offerings must be KYC/AML/CFT-compliant across offering jurisdictions)

PPM ⁓ Private Placement Memorandum (Offering Memorandum)

SAFT ⁓ Simple Agreement for Future Tokens (Adaption of SAFE Simple Agreement for Future Equity — Often Used when Conducting Offerings Prior to Token Distribution)

SICO ⁓ Security-Wrapped ICO (Offering Utility Tokens under Private Placement Exemptions)

STO ⁓ Security Token Offering

TABS ⁓ Tokenized Asset-Backed Securities

TED ⁓ Tokenized Equity or Debt (Type of STO)

TSI ⁓ Transactional Security Instruments (Representing a Redeemable Security)

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Jason Garland
STOs: News and Updates

STO Consultant at EMURGO. Life is Good® Let's make it better.