Security Tokens

“I think NFTs actually could replace smart contracts and STOs or security tokens.”

“There's still lots of people working on bringing regulated assets on chain, but it's really been the fungible tokens, the network tokens, the NFTs, where we've actually seen most of the innovation and most of these features come to life.”

“So I think what you're going to see is a spectrum. So some assets are going to trade 24 seven. I mean, many assets already do. Bitcoin is traded 24 seven. Ethereum is traded 24 seven. For traditional assets, maybe the larger issues will trade 24 seven, but you…”

“And so that I think is one of the promises of tokens is this idea that funds or various types of assets can raise capital and the capital is locked up, yet the investor can achieve some degree of liquidity through a secondary market transaction and not through…”

“The initial versions of security tokens are going to be plain vanilla issuances. We're going to take, like, the simplest version of representing an ownership claim in one of these assets and represent it on chain, and those will be kind of the test cases, righ…”

“Today, I'm not sure it is cheaper. Because if you look at the costs around an IPO, yeah, there's some legal costs, there's some accounting costs, like there's some things you could probably automate, but the really big costs are the bankers that are selling it…”

“And we're, we, we're seeing both traditional assets being tokenized and then the idea of securities tokens, like why not put equity on a blockchain, right? So I think that's going to be a big trend moving forward in the next two years.”

“If something straight up looks like a security token and you're issuing it in the US, I think that rightfully falls under the SEC regulation. So I do believe in compliance, and that's actually something I really like about this new protocol, Harbor Protocol, w…”