9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
Hong Kong-based regulated bitcoin exchange OSL has launched an Ethereum-based coupon bond issuance in US dollars. The problem volume is not specified. Each coin equals $10,000. There is
Hong Kong-based regulated bitcoin exchange OSL has launched an Ethereum-based coupon bond issuance in US dollars.
The problem volume is not specified. Each coin equals $10,000. There is a base and bonus coupon based on Bitcoin dynamics. Refund is provided within three months.
STO issuance is among the professional investors. These include Animoca Brands, Head & Shoulders Financial Group, China Fortune Financial Group, Volmart and Monmonkey Group Asset Management.
According to a press release, OSL Digital Securities has become the first SFC registered Type 1 digital asset broker to implement STO.
OSL offered the service as a package, acting as a bookstore, placement agent, tax and payment agent, transfer agent, registrar, clearing agent, tokenization technology partner and marketplace.
The company stated that the initiative will pave the way for the issuance and distribution of tokenized securities to licensed financial intermediaries in Hong Kong.
Recall that in 2021, DBS bank issued digital invoices of $11.3 million during the first STO in Singapore.
Read ForkLog bitcoin news in our Telegram – cryptocurrency news, courses and analysis.
Source: Fork Log
I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.
