Official Launch of STOCOOP

Stefan Perlebach
STOcheck
Published in
2 min readJan 28, 2019

Cooperative Organization for Security Token Offerings

Last week at the Seoul Blockchain Convergency Summit, the official lauch of STOCOOP was announced.

Initiated and established by The Cabin Capital and OpenFinance, STOCOOP understands itsself as an international cooperative organization for Security Token Offerings.

STOCOOP’s objective is the formation of a non-governmental, international organization that is based on the business collaboration and is focussing on the global development of Security Tokens.

On Jan 24. 2019, at 3.30pm, the launch ceremony for STOCOOP started with leaders from OpenFinance, GSX Group, Vision Creator and The Cabin Capital — all core members of STOCOOP — cutting the ribbon.

Among the other founding members are companies such as MLG Capital, Vanbex Group, BN Capital, everiToken and IBATA.

STOcheck is proud also being a part of this new formed coalition.

On the ceremony, a representitive of The Cabin Capital said:

”STOCOOP will provide education, business collaboration and communication for security token industry, make efforts on cutting down the cost for global SMEs, and contribute to building a regulated and efficient international fundraising environment”.

Meanwhile, other contributors and supporters of the Security Token industry are encouraged to take the same direction of development and invited to join STOCOOP.

Security Tokens will be one of the most important development trends within the blockchain industry and have a great potential in reshaping the financial industry. As a core member and host of the kick-off ceremony of STOCOOP, Perry Zheng, CEO of Vision Creator states that all the core members of STOCOOP will put all the effort together to set up standards and integrate resources in order to build a better Security Token industry.

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