STO Security Token Offering
Is the sale of tokens that are equivalent to fully-regulated securities
- subset of asset token (Asset Tokens)
- subject to securities regulations (Securities)
IEO Initial Token Offering
Is a token offering carried out on or via a crypto exchange. In essence, the KYC / AML Process (Supervision & AML) and the acceptance of third party funds (contributors’ funds) is outsourced to a crypto exchange.