世雷數碼獲證監會首個香港證券型代幣發行及認購平台的原則性批准
About Us
Signum Digital is a joint venture between Coinstreet and Somerley, bringing together Coinstreet’s security digitization and asset tokenization expertise, and Somerley’s extensive experience and best governance practices in the conventional corporate finance and advisory sector. Our vision is to create new and alternate ways for companies to raise capital through the issuance of ST, as well provide a means for professional investors to subscribe for and invest in ST.
Signum Digital Obtained the Approval-In-Principle from the SFC on the First Security Token Offering and Subscription Platform in Hong Kong serving professional investors.
Signum Digital will offer qualified enterprises fully compliant asset tokenization offering and distribution model which may cover a wide array of asset types and classes ranging from private equities, debts, income bearing notes, real estate, investment funds, commodities, and fixed assets, capital equipment, to carbon credits, arts & collectibles and other alternative investment assets.
About Coinstreet
Founded in 2017, Coinstreet is an award-winning professional advisory and consulting firm in the Digital Asset sector. Coinstreet also offers innovative Fintech services, as well as business and operation solutions, covering four key business segments including: (1) TOKENIZATION BUSINESS – Digitized Securities & Security Tokens (STO); (2) ASSET MANAGEMENT – Custodian, DeFi, Investment Funds; (3) WEB3, METAVERSE & UTILITY TOKENS – NFT, Stablecoin, Loyalty Tokens; and (4) ACCELERATOR – Education, PR, Events, Marketing, Consultation. For more information, please visit https://coinstreet.partners.
About Somerley
Somerley Group is an integrated financial services provider licensed to conduct Type 1 (dealing in securities), Type 4 (advising on securities), Type 6 (advising on corporate finance), Type 9 (asset management) regulated activities under the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) and, through its subsidiaries, is principally engaged in providing corporate finance advisory services in Hong Kong and Beijing. For more information, please visit https://www.somerleycapital.com.
Management
Samson Lee
Executive Director
and CEO
Jakob Hesse
Executive Director
Letitia Yip
Executive Director
Asset Tokenization
Most assets and securities can be tokenized. From real estate to gold to intellectual property rights, the way asset owners are structuring their assets, and the way investors are managing their investments is about to undergo a revolutionary change due to the emergence of asset tokenization. Through this new concept, tokenized assets, digitized securities or security tokens are created through distributed ledger technology, otherwise known as blockchain, and serve as a digital representation or derivative form of their underlying assets. Some of the key asset classes that can be tokenized include:
a) Ownership – fixed assets, equities, commodities, IP, arts/collectibles;
b) Debt – bonds, debentures, mortgages, mezzanine loans;
c) Cashflow – revenue, profit, dividends, rents, income-bearing notes;
d) Investment Funds – VC, PE, CIS, crypto, real estate funds, REITs; and
e) Crypto Assets – Bitcoin, stablecoins, cryptocurrencies, utility tokens.
Security Token Offering (STO)
A security token (‘‘ST’’) is a virtual asset, a financial instrument represented in tokenized form and transacted and settled on a distributed ledger network. ST are emerging as an innovative way to facilitate capital raises and investments in businesses and projects.
An initial offering of digitized securities, tokenized assets, or derivative tokens to investors is often referred to as Security Token Offering (STO), Tokenized Asset Offering (TAO), or Digitized Securities Offering (DSO). Tokenizing assets has the potential to create a “token economy” through a frictionless transaction cycle from the creation to the buying and selling of securities. Security Token Offerings (“STO”) typically refer to initial offerings of new security tokens utilizing blockchain technology.
STO allows access to a broader base of investors globally with higher liquidity. Transactions through smart contracts reduce transaction costs and shorten settlement time. Pre-defined business rules in smart contracts and the immutable nature of blockchain provide additional transparency and improved corporate governance. The unique nature of tokens allows global settlement on digitized securities on the blockchain where underlying assets can be traded in a highly divisible way and 24/7 globally. This new way of fractional ownership, with a smaller investment size, and a cost effective model, could bring investment and secondary trading to a new frontier.
Benefits of STO
Currently, over 20 countries have a legal framework around digitized securities and security tokens. STO have the potential to provide corporate finance tools for traditional enterprises. Key benefits include:
- The use of blockchain increases transparency by providing a method of immutably verifying and tracking investor data;
- Reduced counterparty risk as settlement is done on blockchain;
- Settlement of trades on blockchain is usually faster than for traditionally traded securities which follow a “T+x” timetable;
- Increased liquidity of primary and secondary market opportunities;
- Private equity funds and venture funds may offer their LPs an early exit;
- Investor management and administration of an STO can be streamlined through cap-table management automation;
- Smart contracts make it possible to code ownership and transfer restrictions into the token; and
- Simplification of accounting, auditing, and tax reporting processes in the long run.
News & Events
17 March 2023 —
Signum Digital Obtained the Approval-In-Principle from the SFC on the First Security Token Offering and Subscription Platform in Hong Kong
世雷數碼獲證監會首個香港證券型代幣發行及認購平台的原則性批准
Signum is a supporting organization for the TADS Awards and the Digital Asset Series (DAS) seminars.
Inaugurated in 2020, the TADS Awards are the world’s first annual international awards for the Tokenized Assets and Digitized Securities (“TADS”) sectors. The TADS Awards feature three award categories namely “Best of Class TADS”, “Eco-System Excellence” and “NFT Innovations”, along with a special ”Rising Star” award for each category to encourage start-up companies and recognize innovative proof-of-concept projects in the TADS industries. For more information about DAS please visit – https://tadsawards.org/
Digital Asset Series (DAS) seminars, a series of educational seminars delivered by industry leaders and practitioners, legal and consulting professionals, regulators, and academic scholars from the fintech ecosystem in Hong Kong. The objective of DAS is to educate the general public about the ever-evolving landscape of digital assets and facilitate mass adoption by covering twelve key topics across the digital asset space including Investment Strategies, Asset Management, Security Tokens, Web3, Metaverse, NFT, Regulations, Stablecoin, CBDC, DeFi, Cryptocurrencies, ESG, Impact and Social Good. For more information about DAS please visit – https://digitalassetseries.org/