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Stratis Launches Security Token Offering (STO) Platform

19 December 2019 12:00, UTC
Denis Goncharenko
Stratis, an enterprise blockchain technology company, has today released its Security Token Offering (STO) platform, allowing businesses to raise capital by issuing legally permissible, asset-backed securities on the Stratis blockchain.

The Stratis STO platform has been built through dialogue with clients that are engaging with the US SEC guidelines, ensuring it is compliant with regulations. It conforms with both KYC and AML laws and has undergone testing in order to ensure it meets all legal requirements for hosting an STO.

The STO platform is an adaptation of Stratis’ existing ICO platform and includes additional legal features to ensure it is suitable for security token issuance. It allows companies and organisations to run a secure and flexible web-based application on the Stratis blockchain to issue tokens to investors.

The platform accepts payment in both fiat currency (USD) and cryptocurrency (BTC and
STRAT). The platform creates unique user IDs that allow the STO administrator to reliably and
securely accredit tokens once an individual makes a wire transfer. This ID-based system
ensures compliance with KYC and AML laws. Also, Stratis utilises wallets rather than autonomous smart contracts to add an additional layer of authority and security.