Subscribe to Our Newsletter
Thursday June 30, 2022
Bitcoin (BTC) $20,353.00   Ether (ETH) $1,118.60
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
No Result
View All Result
Easily Swap USDT (TRC20) & More
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
CryptoNinjas
Home Token Offerings/Listings

Polymath and Loopring complete ST-20 security token trading tests

Published by CryptoNinjas.net
02/28/2019
Polymath and Loopring complete ST-20 security token trading tests

Polymath, the securities token platform, and Loopring, the decentralized exchange protocol, announce a successful peer-to-peer test trade of ST-20“security” tokens through Loopring protocol smart contracts.

Polymath and Loopring demonstrated that an authorized trade of ST-20 security tokens was able to execute, while an unauthorized trade of ST-20 security tokens was not able to execute.

ST-20 tokens can only be held and traded if certain criteria are met. To hold ST-20 tokens, wallet addresses must be added to a “whitelist” controlled by the token issuer, and tokens can only be traded if the protocol determines there are no restrictions currently in place (buy or sell lockups, for example).

ST-20 security tokens created through Polymath are therefore able to maintain regulatory compliance even when traded peer-to-peer utilizing a decentralized exchange protocol such as Loopring.

Technical details:

One of the promises of a tokenized future is the ability for counterparties to connect and efficiently exchange all types of value — such as money, digital resources, and securities.

Blockchain-based securities enable a foundational shift in the life-cycle of traditional financial assets, as well as a completely new design space for blockchain-native securities.

Of the many benefits tokenization offers, the Loopring team feels that two of the most exciting are:

1) Asset Interoperability — assets being able to speak with/flow across the entire Ethereum ecosystem, and

2) Programmability — being able to code bespoke securities logic and jurisdictional considerations.

Ultimately, these benefits filter down into more liquid markets for issuers and investors. With this in mind, platforms like Polymath aim to enable the creation of trillions of dollars worth of securities on the blockchain, while Loopring seeks to allow these securities to move fluidly in a non-custodial, global, and perfectly auditable manner.

FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Security token blockchain Polymath welcomes Tokenise and Saxon Advisors as node operators

05/12/2021
Security token blockchain Polymath welcomes Tokenise and Saxon Advisors as node operators

Security token platform Polymath, today welcomed two new node operators working to secure its institutional-grade security-token blockchain. Tokenise, an end-to-end tokenization provider that manages a security token exchange, and Saxon Advisors, a London-based corporate...

Read more

Token platform Polymath releases documentation for public SDK

03/18/2020
Token platform Polymath releases documentation for public SDK

Polymath, an end-to-end platform for token issuance and management, announced today it has released supporting documentation for its public SDK. The Polymath SDK's main goal is to provide external developers with a set of...

Read more

Equa added to the Polymath Token Studio Service Provider Marketplace

02/26/2020
Equa added to the Polymath Token Studio Service Provider Marketplace

Equa, which helps organizations manage their agreements while empowering better ownership decisions, is now listed in the Polymath Service Provider Marketplace. In the marketplace, security token issuers can connect with various service providers, such...

Read more

Crypto exchange Archax to list security tokens from Polymath

02/05/2020
Crypto exchange Archax to list security tokens from Polymath

Archax, the forthcoming London-based institutional digital securities exchange, today announced a partnership with Polymath, the security token platform focused on issuance and management of regulated assets. Under this partnership, Archax will support tokens on...

Read more
Load More

Discussion about this post

Where to Exchange

Crypto services suite in Spanish Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
America's first regulated bitcoin exchange Visit
  • Trending
  • Latest
Crypto-gold exchange Vaultoro lowers fees, increases withdrawal limits

Crypto-gold exchange Vaultoro lowers fees, increases withdrawal limits

06/23/2022
CoinLoan integrates crypto analytics platform Elliptic to guard users from threats

CoinLoan integrates crypto analytics platform Elliptic to guard users from threats

06/23/2022
SithSwap raises $2.65M to build next-gen AMM on StarkNet

SithSwap raises $2.65M to build next-gen AMM on StarkNet

06/23/2022
Fintech services platform Colendi acquires enterprise blockchain company SETL

Fintech services platform Colendi acquires enterprise blockchain company SETL

06/27/2022
Crypto trading platform Coinigy releases major new upgrade

Crypto trading platform Coinigy releases major new upgrade

06/28/2022
Crypto market data provider Kaiko raises $53M in Series B

Crypto market data provider Kaiko raises $53M in Series B

06/28/2022
NinjaTrader, Tradovate offering Nano Bitcoin futures from Coinbase Derivatives Exchange

NinjaTrader, Tradovate offering Nano Bitcoin futures from Coinbase Derivatives Exchange

06/27/2022
Fintech services platform Colendi acquires enterprise blockchain company SETL

Fintech services platform Colendi acquires enterprise blockchain company SETL

06/27/2022
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2022 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2022 CryptoNinjas Disclosures | Privacy Policy