Security Token Group Breaks Down the $500,000,000 Already Invested into the Security Token Industry
As of March 25th 2019, more than $500,000,000 has been invested into the young security token industry. A breakdown of that figure has been compiled by the Security Token Group, showing precisely where those funds are distributed throughout the industry.
The History of Security Tokens Explained
Despite high amounts of recent momentum, security tokens still represent a nascent asset class.
The first security token was created in April of 2017. The first compliant, peer-to-peer security token transfer on a public blockchain however, took place in November of 2018.
Throughout the young history, real world assets such as equity, real estate, investment funds, REITs, and even fine art have become tokenized in a regulatory compliant manner.
Distributed ledger technology (DLT) is anticipated to bring significant benefits to the capital markets industry through numerous elements: fractional ownership, an interoperable financial realm, the removal of unnecessary middlemen, instant settlement cycles, and added liquidity.
So far, at least $500,000,000 has been poured into the security token infrastructure, with expectations of that number to rise.
The following is a breakdown of that $500,000,000, where the Security Token Group has shown precisely where those funds are allocated throughout the industry:
Security Token Issuance Platforms:
Polymath, Barbados — $58,700,000
Harbor, San Francisco — $38,000,000
BankEx, New York — $30,000,000 (ICO)
Securitize, San Francisco — $12,800,000
Prometheum, New York — $12,000,000
Dharma Labs, San Francisco — $7,100,000
FinHaven, Vancouver — ~$5,900,000
BrickBlock, Gibraltar — $5,700,000
Swarm, San Francisco — $5,500,000 (ICO)
Neufund, Berlin — $3,420,000
Atomic Capital, New York — $3,400,000
SeriesX, Austin — $2,300,000
Abacus, San Francisco — $2,100,000
Smartlands, Cyprus — $1,750,000 (ICO)
Smart Valor, Zug — $1,500,000
Stem, Amsterdam — $300,000
Security Token Trading Platforms:
TZero*, New York — $134,000,000
Gibraltar Blockchain Exchange, Gibraltar — $27,000,000
Sharespost, New York — $15,000,000
Templum*, New York — $12,000,000
Hyperion*, Toronto — $8,000,000
INX, Gibraltar — $1,400,000
Open Finance Network, Chicago — Undisclosed
Archax, London — Undisclosed
Additional Security Token Infrastructure Companies:
SIX FinTech Ventures — $50,000,000
ComplyAdvantage, New York — $30,000,000
TransitNet, Los Angeles — $2,500,000
Security Token Group, Miami — $1,000,0000
Tokenomix, New York — Undisclosed
Companies Offering STO Services:
CoinBase, San Francisco — $300,000,000
Bakkt, New York — $182,000,000
Waves/ Tokenomica, Moscow — $120,000,000
SIX FinTech Ventures, Zurich — $50,000,000
BnktotheFuture, Hong Kong — $30,000,000 (ICO)
Trust Token, San Francisco — $21,700,000
StartEngine, Los Angeles — $14,600,000
Republic, San Francisco — $12,000,000
Coinlist, San Francisco — $9,200,000
Aarnav, New York — $230,000
iComply, Vancouver — Undisclosed
Acquisitions:
VerifyInvestor, Los Angeles — $12,000,000 Controlling Stake (81%) to TZero
SeedInvest, New York — Undisclosed sale to Circle
RenGen Labs, New York — Undisclosed to Republic
Ongoing Fundraising:
VRBex, Houston — $100,000,0000
Desico, Vilnius (Lithuania) — $5,0000,000
Abstract Tokenization, Denver — $3,000,000
Issuance, Los Angeles — $3,000,000
Digishares, Denmark — $1,100,000
Securrency, Washington D.C. — Undisclosed
Satang, Thailand — $10,000,000 (STO)
What do you think of the investment overview provided by the Security Token Group? Where will the total investment amount be at the end of 2019? Let us know what you think in the comments section below.
Image courtesy of Pixabay.