
STO stands for Security Token Offering. Like ICO, STOs are issued to raise money for the business. However, these security tokens are backed by real assets, i.e. equity, debt, loans, funds, etc. STO is a blend of ICO (Initial Coin Offering) and IPO (Initial Public Offering). It was established as a secure form of raising funds after ICO suffered from frauds and scams. In early 2019 STOs increased by 135%.