Too Long; Didn't Read
European tokenisation action has a modest success rate of 41%, wherefrom only 17% of STOs have successfully concluded. In all, the allegedly successful projects have raised close to EUR 25 million. Most of the countries below have not registered a single public STO instance. That said, it does not mean that they cannot. Member States may decide to exempt offers of securities to the public from the obligation to publish a prospectus to offers below the following thresholds calculated over a period of 12 months. The countries below could potentially qualify as target jurisdictions for crypto crowdfunding campaigns.