Security tokens and the loophole in corporate #law
▻https://hackernoon.com/security-tokens-and-the-loophole-in-corporate-law-d34b951ee48f?source=rs
This element of corporate law will make or break the security #token industry. 99% of the companies offering a security token in the Netherlands will explore this legal structure — Therefore, it matters.Jordan Belfort throwing out money made from “penny stocks” in the movie ‘Wolf of Wall Street’On a global level, we are currently exploring the vast implications of the forthcoming security token industry. Security tokens are expected to disrupt #finance and access to capital because companies and start-ups will be empowered to turn to the crowd for funding.While building the ecosystem, together with other companies in the Netherlands, I stumbled upon a particular exception in Dutch law. Many issuers could leverage this exception in the near future, which is very good according to some and very bad (...)