TLDR: Real world assets (or, how crypto calls them RWAs) are essentially shares of existing assets that are tokenized 1-to-1. At the time of this wri...
TLDR: The purpose behind the instrument determines the type of security it is. 1933 Securities Act outlines every type of security in the first parag...
TLDR: Token is less likely to be a security when: 1) it launches on a fully developed product/protocol/network, 2) token is meant for consumption and...
TLDR: An investment contract is a type of security. Many securities exist, and they don’t have to be typical stocks and bonds. When selling an invest...
Are DAO tokens securities according to the SEC?TLDR: If you sell someone an instrument or a contract that promises future returns because of the work...
