Difference between revisions of "STO"

From CryptoMarketsWiki
Jump to: navigation, search
Line 1: Line 1:
[[File:CMW Banner 728-90.jpg|center]]
+
{{Cboe_adbox}}
 
STO is an acronym for "Security Token Offering," a term meant to rebrand ICO or Initial Coin Offering. STO was popularized by Overstock CEO [[Patrick Byrne]].<ref>{{cite web|url=https://www.cnbc.com/2018/04/27/theres-a-new-way-to-fundraise-with-cryptocurrency-overstock-ceo-says.html|name=ICOs are so 2017, now there's a new term to fundraise with cryptocurrencies: the 'STO'|org=CBNC|date=April 27, 2018}}</ref>
 
STO is an acronym for "Security Token Offering," a term meant to rebrand ICO or Initial Coin Offering. STO was popularized by Overstock CEO [[Patrick Byrne]].<ref>{{cite web|url=https://www.cnbc.com/2018/04/27/theres-a-new-way-to-fundraise-with-cryptocurrency-overstock-ceo-says.html|name=ICOs are so 2017, now there's a new term to fundraise with cryptocurrencies: the 'STO'|org=CBNC|date=April 27, 2018}}</ref>
  

Revision as of 16:04, 7 July 2018


STO is an acronym for "Security Token Offering," a term meant to rebrand ICO or Initial Coin Offering. STO was popularized by Overstock CEO Patrick Byrne.[1]

STOs mimic traditional equity shares and may give investors some rights within the company. They replace traditional shares, but involve registering with regulators for the traditional initial public offering process.[2] STOs may even include dividends and governance rights.[3]

Tokens may be backed by equity, limited partnership shares or commodities.[4]

References