We continue to see the evolution of the digital token markets as another tool for raising capital for emerging companies. In light of the state and federal enforcement actions of the past year (and most recently in the past few weeks!), and the informal but illuminating guidance from the SEC, it is clear that U.S. securities regulators are focused on this marketplace. It thus becomes even more critical for issuers to be thoughtful about compliance. While reasonable people can differ about how much or what kind of regulation is desirable or necessary, history tells us that reasonable regulations and “guardrails” help a marketplace to grow and to function with integrity.
In this edition of TechConnect, we lead off with a discussion regarding the nomenclature used in the so-called “cryptocurrency” sectors. We think it is time to rethink that nomenclature to reflect more accurately the various types of digital assets being developed on blockchain software. We follow with a spotlight on Templum, an innovative FinTech company, which is one of the clear leaders in the development of new market infrastructure for the digital asset sectors.
In addition to our discussion of digital tokens, we have included a relevant article on public benefit companies and potential liability for their directors; plus, a very popular podcast discussing the importance of IP strategies for start-up companies. We have recently been adding podcasts to our MintzEdge website on a regular basis and have received very positive feedback from our listeners. We invite you to listen in.
As always, we welcome your questions and inquiries, and be sure to visit our website for emerging companies @ www.mintzedge.com. Sign up here to receive email alerts when new articles are posted to MintzEdge.com.
Dan + Sam