Too Long; Didn't Read
As the hype for Initial Coin Offerings (ICOs) is weakening, the attention is now shifted toward the Security Token (ST) industry. The ST industry is currently at its nascent stage, in which many startups are trying to revolutionize the traditional financial ecosystem. The transition from traditional assets to tokenized assets involves a set of requirements on both technological and compliance perspectives, making the tokenization process more complicated than simple tokenization through ERC-20 like we’ve seen for ICOs in the past. In our research, <a href="https://medium.com/@8DecimalCapital" data-anchor-type="2" data-user-id="9e68686390f1" data-action-value="9e68686390f1" data-action="show-user-card" data-action-type="hover" target="_blank">8 Decimal Capital</a> will discuss the various components and challenges in tokenizing securities, evaluate the pros/cons of other solutions, and create a thesis around how the space could evolve in the next couple of years.