Bitcoin Forum

As of most recently, Circle bought out Polo.

As you all know Circle is backed by Goldman and Sachs.

What does it all really mean? Well, bascially Circle is doing OTC as well as building out polo infrastucture for security tokens.

Security tokens will be the next big thing in crypto and legitimise the entire industry even more. In order to run security tokens, you must be regulated.

By introducing security tokens you also have the beautiful knock-on effect of paying out real revenue as dividends in tokens.

Now say you have 100 big companies all coming into the crypto space to make a security token and each of them has a revenue of 10million and are paying 50% of that out as dividends to their tokens holders in the form of tokens.

What happens? Well, logically 500 mil will be pumped into the crypto market each year. And these tokens are actually backed by something which will give serious investors the confidence to move in.

What you are saying makes sense and it definitely shows interest in crypto. I just don't understand why Goldman and Sachs keep sending mixed signals to the market, making it hard to understand if they support crypto or not. Anyway, unless Poloniex changes to much, this should provide a way for institutional investors to come into the markets, because Circle definitely has the means to legitimize crypto trading, now that they are the owners of polo.

They certainly support it. Right now they are just dip dapping their tippy toes into the crypto water.

Security tokens will bring investor protection with them which will really open the gates to huge financial investments, especially from Goldman and Sachs etc.

Right now there is no investor protection, if the coin or the project dies, you are fried. This will not be the case with security tokens.

I'm waiting to see what their listing policy or agenda will be like and if they will be only pushing tokens like this. New money coming in is great but in the end I am interested in regular coins.

I will go one beyond that and say every move that has been made by them publicly or privately is in pure support of crypto. Any FUD brought about last year was to make the price dip (we all saw what JP Morgan was doing in Sweden) so lets not be naive on whether they want crypto or not. I do, however, think this progression is brilliant for crypto and hopefully Polymath can help bring about security tokens quicker.