Traditional companies seeks for venture capital but what happen if there is no change
to get it, because the risk is too high or the business is too complex to overview ? So you can raise an STO. Its a good way of crowdfunding. And its a good sign a settled company is doing this and not a start-up wether you do not know if their model works.
The shipping company Vogemann based in Hamburg, Germany issued its first digital security with the help of blockchain technology. The total issued volume for the security token offering (STO) is 50 million US dollars (USD). The securities sales prospect was approved by the FMA Financial Supervision Authority Liechtenstein on July 3 and the sale had started on July 9.
Good example what the new economy is going to. Read full article here