UAE emerging as global hotspot for security token sales

Pedro Gonçalves
clock • 1 min read

Security token sales are picking up in the UAE as a $100m security token sale by Sumner Group targeting Middle East investors could see the country become a global hotspot for these transactions. Despite the lack of formal local regulations in the onshore market governing sales, SGH Global, a Jersey-based company announced in March a $100m security token offering (STO) sale targeting investors in the UAE and wider Middle East.  The proposal has attracted Abu Dhabi investors Blue Rock Capit...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login