Investing Platform BnkToTheFuture to Enable Security Token Offerings

BnkToTheFuture, a fundraising platform for fintech and blockchain companies, is gearing up to enable security token offerings (STOs).

AccessTimeIconSep 13, 2019 at 7:00 a.m. UTC
Updated Sep 13, 2021 at 11:26 a.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

BnkToTheFuture, a fundraising platform for fintech and blockchain companies, is gearing up to enable security token offerings (STOs), the company said.

The Cayman Islands-based platform will place an undisclosed stake in crypto consultancy firm, Diacle, to build a shared security token advisory and investment service.

BnkToTheFuture

anticipates a wave of market interest in the emerging asset class, CEO Simon Dixon told CoinDesk in an interview.

“We get an average of 45 applications per week from fintech and crypto companies seeking funding. 18 percent of these are now looking at security tokens."

The investment hub allows qualified investors to participate in equity funding rounds for firms like Coinbase and Kraken, helping to attract traditional investors who are less than totally familiar with digital assets.

“The big challenge for the industry is investors want to invest in security tokens because they offer additional liquidity. But the liquidity is not there yet, as the asset class is very new,” Dixon said.

BnkToTheFuture has an existing network of 87,000 qualified investors. The new service will help issuers stay compliant with securities laws, Dixon said, and will make use of Diacle's experience with the tokenization process. London-based Diacle will help on-board U.K. investors.

BnkToTheFuture and Diacle also collaborated on the launch of the BnkToTheFuture Token (BFT) and, in 2012, Dixon and Diacle founder Adam Vaziri launched the UK Digital Currency Association to support bitcoin adoption.

The STO market is expanding fast, albeit from a low base. There were two STOs in 2017, 25 in 2018, with 87 projected in 2019, according to Autonomous Research. The total value of the security token market will reach to $2 trillion by 2030, said Chain Partners research.

BnkToTheFuture photo via Shutterstock

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.


Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.