Cathay Securities announced that it has obtained regulatory approval to launch Taiwan’s first Security Token Offering business.
Cathay Securities announced that it has obtained regulatory approval to launch Taiwan’s first Security Token Offering business.
To attract institutional investors, Cathay Securities is offering a preferential deal: participants can purchase green electricity at competitive market rates, potentially increasing the annual yield to 5.8%. This STO subscription will be available until Dec. 8, with the official issuance scheduled for Dec. 12, and the trades will be conducted on Cathay Securities’ proprietary STO trading platform.
Innovating Taiwan’s digital asset space
In collaboration with the blockchain team of Cathay Financial Holdings’ Fintech Development Center, Cathay Securities has developed a comprehensive STO trading platform encompassing issuance, negotiation, reporting, settlement, internal control, and risk management mechanisms. This initiative provides businesses with a novel fundraising channel beyond traditional stock exchange listings.
Cathay Securities prioritizes customer needs by building a user-friendly digital investment platform that has attracted over a million clients to date, enhancing the investment experience with its simplicity and convenience. The launch of STO services not only broadens the investment horizon for investors but also opens up new fundraising avenues for companies outside the traditional listing frameworks.