Hello everyone,
Recently I discovered this STO called Bitbond. They are Germany's first STO with a BaFin (Bundesanstalt für Finanzdienstleistungsaufsicht. It is the German financial regulation authority) approved Prospectus and will be using BitGos Business Wallet. I am curious what you think about the project. Do you think STO's are the next evolution in ICOs? Or just a rename? You can look at the article below.
https://www.bitbond.com/resources/bitbond-works-with-bitgoAlso if you want to visit their website, you can do that by clicking here -
https://www.bitbondsto.com They have already raised 1.8 million Euros according to their website and they are in their fundraising phase.
I think it's a positive step for ICOs to evolve and make them safer for potential investors, we shall see which one is better in time. Personally I think the STO market still hasn't developed and doesn't offer as much high reward as IEOs / ICOs.
The project above does look very interesting though, and they have raised a lot and have a very strong team, i'm keeping an eye on them.