Hong Kong-based crypto exchange OSL Digital Securities (OSL) is set to disperse Ethereum-based security tokens in personal security token offerings (STO) to expert financiers.
An STO makes it possible for a company to offer tokenized digital securities called “security tokens” which are then offered on security token exchanges.
Unlike NFTs which represent ownership of digital (or physical) properties, securities are tradable monetary properties which are utilized to raise funds in both public and economic sectors.
OSL’s tokens will represent $10,000 coupon-rate USD bonds connected to Bitcoin‘s total efficiency.
The STO will function as a proof-of-concept for managed digital possession management to allow Hong Kong’s crypto exchanges to provide and disperse tokenized securities to monetary business and companies.
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