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Security Token Platform ‘Dusk Network’ Begins Trading Its Token
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Dusk Network, a privacy-oriented blockchain protocol for digital securities, has just been listed on Bitfinex, Bittrex International, and Ethfinex.
Dusk Network’s ERC-20 token DUSK has been listed on Bitfinex, Bittrex International, and Ethfinex. The Amsterdam-based privacy protocol is intended for security tokens. The purpose of the project is to create the first programmable securities which are fully compliant on the Dusk platform.
Using zero-proof technology, Dusk Network allows developers to create consumer and enterprise-level security tokens which require privacy, auditability, and compliance. In December of 2018, Dusk Network realized some $8.1M in its private sale.
Emanuele Franconi, Dusk Founder and Tech Lead, spoke positively of the listings:
“The listing of the DUSK token on the leading exchanges Bitfinex, Bittrex International and Ethfinex, marks a significant milestone for Dusk Network. Since our inception in early 2018, we have strived to transform the digital asset ecosystem by lowering barriers to entry, and vastly improving confidentially, all while ensuring regulatory compliance. Looking into the future, we’re excited to build on this momentum and bring our global financial ledger to the public.“
It remains to be seen whether Dusk Network can compete with established security token protocols and platforms like Securitize, tZERO, and Polymath.
Do you believe that Dusk Network will be successful in establishing a foothold in the security token industry? Let us know your thoughts in the comments down below.
Image courtesy of HackerNoon.
Tim Fries
Tim Fries is the cofounder of The Tokenist. He has a B. Sc. in Mechanical Engineering from the University of Michigan, and an MBA from the University of Chicago Booth School of Business. Tim served as a Senior Associate on the investment team at RW Baird's US Private Equity division, and is also the co-founder of Protective Technologies Capital, an investment firm specializing in sensing, protection and control solutions.
