Stratis Launches Regulated STO Platform

Posted on Dec 19, 2019

The UK-based Blockchain development company has announced the launch of an STO (Security Token Offering) platform, utilising the Stratis blockchain to issue security tokens. The new service is an expansion to the existing ICO (Initial Coin Offering) platform, with added features ensuring that strict regulation requirements for conducting an STO are met. Stratis have revealed that the STO platform complies with AML (Anti-Money Laundering) and KYC (Know-Your-Customer) regulation, as well as SEC (Securities and Exchange Commission) regulation in the United States. CEO of Stratis, Chris Trew, has described the STO platform as “highly secure, flexible and scalable” enabling businesses on any level to raise capital with asset-backed securities. As of next year, the first STO to be listed on the platform will be the GLU token. The platform will be accepting payments in digital currency and fiat, however support is restricted to STRAT, the U.S. dollar and Bitcoin only.