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A New Use Case for Security Tokens

March 6, 2019


Last year was widely declared the year of the security token. At the same time, their active use cases or implementations seemed to be lacking beyond the mere tokenization of assets in general.


Earlier today, however, a new use case for security tokens was announced that is actually striking. CoinDesk reports that a firm called ABE Global has decided to go public with their intention of facilitating small-cap Initial Public Offerings with security token frameworks.


Reportedly, they aim to list about 100 companies with this sort of intention by the end of this year. In a nutshell, the reason why their ultimate goal is unique is that it fills a need that stretches beyond the crypto space to the average citizen.


As you may already know, security token offerings are usually limited to accredited investors or those with a very high net worth. At this point, this trend has affected the majority of remaining ICOs.


If ABE Global is successful in their efforts, it would seem that this pattern will shift to the point that the average citizen can once again get involved in blockchain-based investments. The only caveat to such a possibility is that the new, open investment company will be in companies with a small market cap which are interested in working with ABE Global’s platform.


Currently, it is difficult to tell whether the majority of these potential players will be offering blockchain-based solutions or not. Still, the fact that ABE Global’s driving vision is to make tokenized securities available to almost everyone is promising.


Considering this, we just might see a rebirth of the early days of the Initial Coin Offering that is much more beneficial to the growth of the space than the first major boom was.




By: BGN Editorial Staff

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