If I buy a token in an asset-based security token offering, will I own a piece of the property? Am I tokenizing the asset? No. Let’s take real estate as an example. Tokenising the underlying real estate would require tokenization of the Land Registry. This is not what happens. You will most likely own an…
Why would tokenization of real estate be attractive? Fractional ownership will allow part of an asset to be made available by tokenization. This provides the asset owner with different choices on how to approach the market. For instance, an anchor investor could hold a 40% interest, 30% could be released to other key investors, and…
Initial coin offerings (ICOs), initial exchange offerings (IEOs), and security token offerings (STOs) are a worldwide phenomenon. After all, a coin or token that has no physical existence apart from some computer code can be easily sent around the world to anyone with an internet connection with a few clicks of a keyboard. While the…
Trustless payment methods were the first disruption blockchain brought to the financial industry. The second wave of disruption came about when the ICO boomed in 2017 as a way to reach a larger market of investors through crowdfunding smart contracts on Ethereum. In 2017 alone, ICOs raised around $7 billion. More recently, we’re seeing the…
Key Highlights The Kik case is the first case that the SEC has brought in litigation that has been contested by the company where there are no allegations of fraud “The SEC has made clear that virtually all ICOs are going to be treated as offerings of securities.” Even if a company is offering ICOs…
This is the first part of an insight series by Tanner De Witt partner, Pádraig Walsh, in which he gives his legal perspective on security token offerings. In this article, he starts from the basics, and asks and answers what are security token offerings and why we should care. What is a token? A token…
The global financial plumbing is undergoing a simultaneous, high-stakes renovation, with two distinct blueprints emerging from opposite ends of the system. The Diplomatic Delay At the 18th BRICS Summit in New Delhi this week, the conversation turned toward the future of cross-border settlement. India, serving as chair, put forward a proposal to link the central…
Most enterprise agent governance ships inside the platform that built the agent. Salesforce has its Einstein Trust Layer. Microsoft has Agent 365 paired with Purview. Each one is strong inside its own walls and silent outside them. Dataiku is betting there is room for something that sits above all of those walls at once. Dataiku…
California’s Adam’s Law, signed into law as Chapter 190, Statutes of 2026, marks a departure from the procedural and output-focused frameworks that have defined early AI governance. While many jurisdictions are currently debating how to regulate algorithmic bias or data privacy, this legislation introduces a new compliance category: behavioral design standards for AI agents. By…
Intent-Based Access Control: Runtime Authority as Infrastructure On September 9, 2026, Akeyless moved its Agentic Runtime Authority into general availability. As noted by Help Net Security, this release formalizes intent-based access control as a distinct layer within the agent stack. By shifting security from static identity management to the execution path, the system addresses the…