Crosscheck launches token securities information service ‘B.Launch’... Publication released for investor protection

Crosscheck, a specialized company in token securities issuance (STO) led by CEO Oh Seyong, announced on the 14th that it has released a publication for investor protection through its token securities information service B.Launch.

Launched on the 24th of last month, B.Launch stands for "Blockchain as a finance (BaaF) Launch" and is published by Crosscheck, the operator of the STIIM platform, with the purpose of protecting investors.

At the discussion forum titled "Prepared Challenge: Fintech Innovation Plus Token Securities Plus" held on the 12th at the National Assembly Members' Office Building in Yeouido, Seoul, financial authorities emphasized that investor protection and equal information between sellers and investors are top priorities in the process of establishing the token securities system, making investor protection a key topic.

According to the company, B.Launch provides investors with accurate information on domestic and international STO laws, current issues, systems, and regulations in response to the rapidly changing financial market paradigm. The service aims to contribute to the growth of the STO market and functions similarly to a securities firm research center.

Additionally, B.Launch covers all content related to STO, including relevant laws, STO distribution systems, roles of various market participants, comparisons of domestic and international STO markets, easily accessible materials on token securities, and educational materials for investors. To ensure objective information sharing, the content is created based on authoritative references.

The first publication of B.Launch, the "STO Glossary," dealt with laws and terms covered under the Capital Markets Act, the Electronic Securities Act, and other current Korean laws.

The second publication, released on the 14th and titled "Current Status of the U.S. Alternative Trading System (ATS)," includes the definition and background of STOs conducted in the U.S., criteria for determining securities status, and details about the ATS system in the U.S. It was created with accompanying image materials to help provide a comprehensive understanding of STOs, explaining in detail how STOs are conducted in the U.S. and what regulations and legal requirements apply.

Crosscheck’s domestically developed integrated token securities platform STIIM aims to be an all-in-one model that not only provides information services from the perspective of token securities issuers but also supports issuance information and location data of underlying assets for investor protection, offering comprehensive investment indicators. Crosscheck proactively filed domestic and PCT patents and trademarks related to STIIM last year and is expecting registration within the year.

CEO Oh Seyong of Crosscheck stated, “Currently, many companies are preparing for token securities issuance (STO) in line with the institutional adoption of distributed ledger technology. The B.Launch service allows users to view domestic and international STO laws, current issues, systems, and regulations related to token securities (ST) at a glance. It clarifies the areas market participants need to prepare for as STO becomes institutionalized and was launched to resolve issues such as information asymmetry and conflict of interest prevention from the perspective of investor protection.”

This content was produced with the assistance of AI translation services.