What is STO (Security Token Offering)?
STO is a new form of digital asset, according to cryptoglobe. Unlike ICOs, the a
STO is a new form of digital asset, according to cryptoglobe. Unlike ICOs, the advantage of blockchain technology lies in its ability to connect various entities in traditional finance industry. For example, banks and securities companies can use this new method to establish business relationships and manage their financial records, thus maximizing capital efficiency. In certain cases, it also allows for the issuance of bonds or other forms of economic contracts through smart contracts. Due to the unique nature of blockchain technology, anyone can transfer funds through this network.
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