Blockchain App Factory Rolls Out Suite of STO Solutions

Cryptovest

Published Oct 18, 2018 06:31AM ET

Updated Oct 18, 2018 07:41AM ET

Blockchain App Factory Rolls Out Suite of STO Solutions

Singapore-based Blockchain App Factory (BAF) announced on Wednesday the launch of an STO-in-a-Box service. BAF has previously supported companies planning to tokenize their asset, but it will now be providing a full suite of solutions, including the tokenization process itself, fund-raising, legal compliance, and investor management.

STO, which stands for security token offering, is a form of capital raising similar to initial public offerings (IPO) and initial coin offerings (ICO). It revolves around blockchain-based security tokens backed by real-world assets such as company shares, commodities, or real est...


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