STO SUMMIT 2024 Tokyo: Shaping the Future of Asset Tokenization

STO SUMMIT 2024 Tokyo will be held on August 26, 2024, from 12:00 to 19:00 UTC (GMT) via Zoom Webinar.

Security Token Offering (STO) refers to the distribution of blockchain-based tokens that represent ownership of tangible or intangible assets, ranging from bonds, stocks, and real estate to carbon credits, artwork, and company equity. STOs are similar to Initial Coin Offerings (ICOs), but the key difference is that tokens issued in an STO are considered securities and are subject to financial regulations.

As of June 2024, the global market capitalization of security tokens stands at $39.5 billion. The asset classes issued include stocks at $17.14 billion (55%), bonds at $11.797 billion (38%), funds at $1.052 billion (3%), asset-backed securities (ABS) at $915 million (3%), and real estate at $259 million (1%). A total of 603 security tokens have been issued, with real estate comprising 488 tokens (80%), stocks 48 tokens (7%), bonds 42 tokens (7%), funds 25 tokens (4%), and ABS 9 tokens (1%). (Source: STM Report)

In Japan, the total issuance of security tokens reached $636.8 million (97.6 billion yen) by the end of 2023, marking a 5.8-fold increase from the previous year. This accounts for 16% of the annual issuance in Japan’s stock market and 31% of the annual issuance in the listed REIT market, highlighting the growing significance of security tokens in the capital market. (Source: Boostry Report, Japan Security Token (RWA: Real World Asset) Market Report.FY2023)

The STO SUMMIT 2024 Tokyo Zoom Webinar will feature 20 distinguished speakers from around the world, including:

Niki Ariyasinghe (Head of Business Development, APAC & Middle East at Chainlink Labs), a leader in blockchain technology and cross-chain development (CCIP).

Vince Turcotte (APAC Banking & Capital Markets Lead), a key figure in blockchain and STO regulation.

Daniel Tramel Stabile (Co-chair, Winston & Strawn LLP), author of “Digital Assets and Blockchain Technology: US Law and Regulation” (Elgar 2020), a global authority on blockchain and STO regulation.

• Edward Nwokedi (CEO of RedSwa), who has tokenized $5 billion in real estate assets.
• Augustin Jiang (Founder of ArtRino), pioneering the tokenization of global artists.
• Claus Skaaning (CEO of DigiShares), developer of a white-label platform for asset tokenization.
• Sanjeev Birari (Co-Founder of Zoniqx), who has successfully tokenized $4.5 billion in assets.

Other notable participants include companies specializing in renewable energy STOs (penomo), blockchain security (GK8), gold token issuance (Ryon Asset), patent STOs (IDEAHUB), blockchain banking (GlobiancePay), and IPO asset STOs (ArtRino Korea), along with Shardeum, which advocates for decentralization for everyone.

Attendees will also have the opportunity to request individual meetings with these global speakers by applying through the STO SUMMIT website. The speakers have already outlined their agendas and are eager to meet with interested companies.

Augustin Jiang, Secretary-General of ISTA (International Security Token Association) and organizer of STO SUMMIT 2024 Tokyo, shared the purpose of the event:

“ISTA, founded in November 2023 as a non-profit organization, represents the interests of security token-related companies worldwide. Due to recent natural disasters in Japan, we have transitioned the event to Zoom Webinars but plan to host it globally. K-ISTA has already been established in Korea, and we hope to see similar committees formed in other countries. Currently, the market cap of security tokens is 4% of the crypto market. To drive the growth of security tokens, we must overcome regulatory and technological challenges. Global collaboration is essential, and we hope that the STO SUMMIT 2024 Tokyo Zoom Webinar will foster productive partnerships with financial institutions and companies worldwide.”

Participation in the STO SUMMIT 2024 Tokyo Zoom Webinar is by invitation only from STO SUMMIT sponsors. To register, please enter the invitation code “DroomDroom” in the final comments section.