This year, there has been a significant increase in regulation and compliance initiatives as the cryptocurrency market saw the fallout from initial coin offerings (ICOs), of which many were poorly disguised securities offerings and many more were outright scams. Earlier this year, Satis Group reported that 92 percent of ICOs were scams or have otherwise failed to list on exchanges, resulting in billions of dollars in losses for investors. Still, there are further billions wrapped up in non-compliant tokens and projects, all at risk of becoming the Securities and Exchange Commission’s next target. Airfox and Paragon will not be the only companies that face legal action, they are merely a signal fire to let everyone else know — the SEC is coming.

Now more than ever, it’s important to track the industry as it shifts its focus from ICOs to security token offerings (STOs). However, navigating these changes can be difficult as new companies, offerings, and compliance solutions appear by the month. Pink Sky has been working to prepare for these changes and would like to share our thoughts with you.

We want to initiate dialogue regarding various issuance platforms and financial instruments that are ripe for tokenization. To do this, we are releasing our Security Token Series—a collection of articles on new protocols, offerings, and assets as they pertain to current news events. In this article we will discuss Harbor’s asset tokenization, the platform’s usage in the real estate market, and their Regulated Token standard.