{"id":21051,"date":"2018-11-01T16:06:50","date_gmt":"2018-11-01T16:06:50","guid":{"rendered":"http:\/\/ci027cfe66700c26c3"},"modified":"2018-11-01T16:06:50","modified_gmt":"2018-11-01T16:06:50","slug":"bithumb-and-seriesone-partner-launch-us-securities-token-exchange","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/markets\/bithumb-and-seriesone-partner-launch-us-securities-token-exchange","title":{"rendered":"Bithumb and seriesOne Partner to Launch U.S. Securities Token Exchange"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div><figure><img decoding=\"async\" src=\"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/11\/bithumb-and-seriesone-partner-to-launch-us-securities-token-exchange.jpg\" title=\"\"><\/figure>\n<p>Aiming to create an SEC and FINRA-compliant U.S. exchange, blockchain-based crowdfunding firm seriesOne and crypto exchange Bithumb have formed a joint venture. According to an announcement made on November 1, 2018, officials behind the venture look to trade security tokens within a \u201ccompliant marketplace\u201d and within the context of \u201cother applicable regulatory approvals.\u201d<\/p>\n<p>For South Korea-based Bithumb, the venture provides the exchange with new expertise around U.S. regulation. seriesOne, a company created by finance industry veterans in the tech, investment banking, venture capital and compliance sectors, operates a U.S. platform for initial security token offerings compliant with SEC exemptions like <a href=\"https:\/\/www.sec.gov\/info\/smallbus\/secg\/rccomplianceguide-051316.htm\" target=\"_blank\" rel=\"noopener\">Reg CF<\/a> and <a href=\"https:\/\/www.sec.gov\/fast-answers\/answers-regdhtm.html\" target=\"_blank\" rel=\"noopener\">Regulation D<\/a>. <\/p>\n<p>For seriesOne, the new alliance allows it to build its presence in the Asian region through a Bithumb investment designed to \u201cscale technical development and marketing.\u201d <\/p>\n<p>Kaine Kim, former deputy director of Korea\u2019s Financial Services Commission, joined seriesOne earlier this year. Kim, responsible for incorporating seriesOne South Korea, functions as the company\u2019s managing director in the country and as head of Asian operation. <\/p>\n<p>\u201cTogether the companies believe they are well positioned to execute on a global token exchange that operates in compliance under U.S. securities laws,\u201d according to the joint statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Aiming to create an SEC and FINRA-compliant U.S. exchange, blockchain-based crowdfunding firm seriesOne and crypto exchange Bithumb have formed a joint venture.<\/p>\n","protected":false},"author":3481,"featured_media":21052,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[88,3275,357,183,1487,288,382,1057],"class_list":{"0":"post-21051","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-asia","9":"tag-bithumb","10":"tag-exchanges","11":"tag-sec","12":"tag-securities","13":"tag-security-tokens","14":"tag-south-korea","15":"tag-tokens"},"author_data":{"id":3481,"name":"Romona Paden","nicename":"romona-paden","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/12\/cropped-bitcoin-schmitcoin-promo-image-1-2-96x96.png"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/11\/bithumb-and-seriesone-partner-to-launch-us-securities-token-exchange.jpg","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/21051","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/3481"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=21051"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/21051\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/21052"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=21051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=21051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=21051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}