The security token ecosystem comprising security token offering platforms, exchanges, and other security token offering services is growing steadily. The downfall of their predecessors (the much debated ICOs) due to regulatory issues and increasing scams has partially been responsible for this swift change. According to a recent report, more than 80% of the ICOs conducted in 2017 turned out to be scams.
As the number of tokenization platforms, availability of token listing sites, and secondary trading platform increases, the number of companies and startups taking the STO plunge is also growing. Organizations from varied industrial sectors are adopting the STO model to raise capital investment. Let’s take a look at companies and organizations that have already launched or are going to launch an STO soon.