Too Long; Didn't Read
Security tokens might become the first type of crypto-asset to bridge the gap between established institutional investors and the crypto world. Part of the magic of security tokens is that, at least conceptually, they can be seen programmable, globally tradeable representations of existing financial products. As the security token space evolves, we are likely to see more crypto-securities that are modeled after established financial vehicles such as bonds, derivatives or stocks. However, for that to happen, the existing generation of security token protocols needs to incorporate some of the underlying mechanics of the basic financial assets.