What Are the Registration Requirements for a Security Token Offering (STO)?
A Security Token Offering (STO) must comply with the securities laws of the jurisdiction where it is offered. In the US, this generally means registering with the SEC or qualifying for an exemption, such as Regulation D (for accredited investors) or Regulation A (for smaller offerings).
Registration requires extensive disclosure documents, audited financials, and compliance with anti-money laundering (AML) and Know Your Customer (KYC) rules.