security tokens
5 statements across 2 episodes · 2 bullish · 0 bearish · 1 people on the record · first statement Sep 17, 2018 by Stephen McKeon · across every show →
Everything said about security tokens, oldest first
Sep 17, 2018 neutral
McKeon: Initial security tokens will be plain-vanilla asset representations
“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…”
Sep 17, 2018 neutral
Crypto security token issuances are not cheaper than traditional IPOs
“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…”
Sep 17, 2018 bullish
Tokenization offers secondary liquidity for locked-up fund capital
“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…”
Sep 17, 2018 neutral
McKeon: Tokenized assets will trade across a spectrum from 24/7 to restricted hours
“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…”
Jun 16, 2022 positive
McKeon: Crypto Innovation Has Materialized in NFTs and Tokens, Not Regulated Securities
“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.”