Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Taiwan's Cathay Securities receives country's first security token offering license for "Sunshine Green Yield" bonds

Taiwan's Cathay Securities receives country's first security token offering license for "Sunshine Green Yield" bonds

CointimeCointime2023/11/09 20:12
By:Cointime

Cathay Securities has been granted Taiwan's first security token offering (STO) license by the Financial Supervisory Commission (FSC). The STO bonds, called "Sunshine Green Yield," have a maturity of six years, an initial annual interest of 3.5%, and an initial principal amount of 30 million New Taiwan Dollars ($0.93 million). The bonds will allow enterprise owners to purchase green electricity on the market for environmental, social, and corporate governance initiatives under favorable conditions and receive variable interest rate payments of up to 5.8% per year. Trading for the Subshine Green Yield bonds will debut on Dec. 12 on Cathay's in-house STO exchange platform.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Ether gains momentum as capital shifts from bitcoin and derivatives activity increases

Capital flows are shifting from bitcoin to ether, with derivatives market activity signaling growing confidence in ether’s near-term upside, analysts said.Ether has surged over 6% while in the past 24 hours, while bitcoin saw a slight decline, as open interest and demand for call options hit record highs for the second-largest cryptocurrency by market cap.

The Block2024/11/25 18:00

WisdomTree registers XRP ETF entity in Delaware: report

WisdomTree, an issuer of exchange-traded funds, registered an XRP ETF entity in Delaware.The move signals that the fund manager will likely file an S-1 registration with the SEC.

The Block2024/11/25 18:00

BREAKING: MicroStrategy Bought Bitcoin (BTC)! Michael Saylor Reveals His Latest Purchases!

MicroStrategy purchased an additional 55,500 Bitcoins for $5.4 billion.

Bitcoinsistemi2024/11/25 17:55