The Digital Asset Review
JULY 23, 2019

"A new trading platform for security tokens has launched with backing from Singapore Exchange (SGX), the country’s public stock market, and technical support from ethereum startup ConsenSys.

The 1X platform has gone live Wednesday with its first listing of an ethereum token, purchasable with Singapore dollars. The token represents about 7 percent of the shares of a Singapore fund manager called Aggregate Asset Management (AAM). "

"A company and their offerings are only as good as the team behind them. Over the past few days we have seen multiple companies within the digital securities sector announce the acquisition / hirings of new talent.

The experience brought forth by these acquisitions speaks volumes to the quality of projects they are transitioning to. Vertalo and tZERO are making themselves heard, with the progress being made from both a development and personnel standpoint."

"Crypto compliance and investigation provider Chainalysis has become the only blockchain company to make Forbes’ next billion-dollar startups list of 2019, joining the ranks of tech giants—Patreon and Duolingo.

Its efforts to tackle crime in the crypto industry and build tools to enable easy regulatory compliance have made it one of the most promising companies in the industry. "

"Managers of real estate private equity funds that invest in or lend to real estate projects and developers could also benefit from the tokenization of interests in their funds. Currently, sponsors usually hire a consultant to market to ultra-high net worth individuals, endowments, family offices, pension funds and fund of funds. 

For efficiency, the minimums are generally high as the total targeted raise is usually in the high tens of millions to hundreds of millions of dollars. The process can take well over a year to reach even the minimum for an initial close. While tokenization may not speed up the process for this type of fundraising, it can offer a fund manager the opportunity to more easily reach wealthy foreign investors and family offices who have less access to fund investing opportunities in the U.S. and who are attracted to the greater liquidity of tokens, without the friction and cost of an expensive, gatekeeping middleman."

"Market research firm Fundstrat said last week that Bakkt will be a “huge accelerator” for bitcoin growth. More than 150 institutional investors and service providers attended Bakkt’s Institutional Digital Asset Summit last week, and the sentiment was positive.

The Commodities and Futures Trading Commission (CFTC) confirmed that institutional demand for bitcoin is growing. As the Fundstrat report writes: "

"Daimler, the German multinational corporation behind the Mercedes-Benz brand, partnered with European blockchain interface solutions startup Riddle & Code to provide an open car hardware wallet solution, the startup announced in a press release published on July 22.

Per the release, car wallets have a wide variety of use cases, such as car-sharing, autonomous vehicles, real-time exchange of secure traffic data and with smart city environments to reduce congestion and lower insurance premiums. The startup’s CEO Tom Fürstner declared: "

"For the 50th anniversary of the Apollo 11 Moon landing, a project is underway to register the Moon with Distributed Ledger Technology (DLT).

Diana (, which is promoting the 'Lunar Registry', is launching a dApp (Decentralization app) service that can mark the land of the Moon and trade it on July 20, 2019.

Currently, the Moon is listed, according to the UN Treaty, as a common heritage of mankind that no country can own. "

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