Presented By:

Goooood Morning, Rainmakers! ☀️

As always, we have two captivating topics for you to dive into:

1️⃣ 🌿 Tokenized Cannabis on STOKR: Global Cannabis Holdings

2️⃣ 🔺 Avalanche Vista: $50M Allocation for Avalanche Tokens

Without further ado, it's time to…

Get Liquid 💧

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🌿 Tokenized Cannabis on STOKR: Global Cannabis Holdings

Ever wanted to invest in Cannabis? Well now you can!

This may be a touchy subject but whether you consume it or not this is an investment opportunity via a security token offering and I thought we’d (see what I did there) talk about it. And let me tell you… they’re selling like hotcakes!

According to their press release, Global Cannabis Holdings (GCH) is “a tokenized cannabis ecosystem with equity positions in various cannabis companies and projects.” The issuer is a Luxembourg-based private LLC (société à responsabilité limitée) and is offering this to both retail and professional investors.

The idea is that investors will have exposure to a diversified portfolio of 38+ cannabis companies, representing rights to future profits, rather than interested investors’ alternative which is hand-picking which cannabis companies to invest in. GCH is aiming to have 105 portfolio companies by 2026.

Why do I say they’re selling like hotcakes?

Well their offering page says they’re raising up to $1,750,000, it went live less than a week ago, and at the time of writing they’ve already raised $1,325,324 at $350/token! The raise is supposed to last 60 days with an option to extend but something tells me they won’t have to.

Have any thoughts on this? Let me know on Twitter @Jason_Barraza_

As per usual, remember that all of this information is for educational purposes only and is NOT investment or legal advice! Consult your lawyers, wealth managers, and CPAs before making any investments and do your own research (DYOR).

🔺 Avalanche Vista: $50M Allocation for Avalanche Tokens

Talk about putting your money where your mouth is: The Avalanche Foundation is investing $50 million into companies tokenized on their network via what they’re calling Avalanche Vista.

Avalanche Vista will consider assets across the full liquidity spectrum, including equity, credit, real estate, commodities, as well as those that are blockchain-native. This is all in an effort to encourage more issuers to tokenize their assets and reap the benefits of tokenization.

What are some of those benefits? Why tokenize?

Glad you asked! We actually just wrote a blog post with Avalanche on this 👇

Some of you may be asking: Why tokenize specifically on Avalanche (other than potential investment from Avalanche Vista)? What have they done?

All you Rainmakers know we’re blockchain and platform agnostic at Security Token Market but to answer your question let’s explore some of what Avalanche has done:

KKR tokenized their feeder fund on Avalanche late last year, creating exposure to a portion of their Healthcare Growth Fund II at $100K minimums compared to the traditional $5M.

Avalanche also now has the Evergreen subnets meant to encourage more institutions to experiment risk-free. Notable users now include: WisdomTree, T. Rowe Price, Wellington Management, and Cumberland (part of DRW).

For more details, check out their section in Peter Gaffney’s State of Security Tokens 2023 - Q1 Extended report. That being said, also keep an eye out for the Q2 report coming out soon!

This is an exciting opportunity from Avalanche and I’m very curious to see who’s going to take advantage of it! Have questions? Ask us on Twitter, LinkedIn, or shoot me an email at [email protected]!

💦 What else is Drippin’

Issuer Spotlight: Freeport - STA Success Network

The STA Success Network will be hosting a spotlight on Freeport this Thursday, August 3rd at 12pm EST.

Freeport is democratizing access to fine art by allowing users to display and invest in iconic pieces such as Andy Warhols. Colin Johnson, CEO of Freeport will explain how they are breaking down barriers to entry for this asset class. Register here!

Have questions for Colin? Email them to Peter ([email protected])!

If you’re interested in access to webinars like this, considering subscribing to the STA Insights plan within the STA Success Network for ONLY $9/month which also includes our email newsletter twice a week detailing what’s going on in the ecosystem, STA’s commentary on it, and any insights derived from our advisory and research arm.

Wealth Management & Security Tokens - STA Success Network

The STA Success Network will be hosting a webinar around Wealth Management & Security Tokens next Wednesday, August 9th at 1pm EST.

With institutional adoption and issuances rising it's important for asset managers to start planning on incorporating them into portfolios. Jonathan and Jason both come from wealth management firms prior to joining their tokenization journeys while Sander is looking to democratize access to private capital markets.

Come explore how security tokens will affect the wealth management business, especially as the generational transfer of wealth continues!

Have questions? Email [email protected] 

This webinar is available to both members of the STA Insights ($9/month) and full Success Network ($999/month) plans.

State of Security Tokens 2023 - Q1 Extended Report

The Security Token Advisors State of Security Tokens 2023 - Q1 Extended report is brought to you by Provenance Blockchain Foundation!

Our Head of Research and Institutional, Peter Gaffney, dives deep with updates from across the industry, from issuers to platforms to protocols. This piece will detail the macro trends taking shape within the tokenization space as a function of service providers like transfer agents, broker-dealers, alternative trading systems, custodians, and third-parties, as well as issuers, blockchain foundations, asset managers, investment banks, and activity that Security Token Advisors sees on its advisory side

Take a read for analysis on common themes emerging for both primary and secondary markets! 👇

This is not financial or investment advice.

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Do you want your company or project in front of the largest, most curated security token audience on the planet?

If interested, please reach out to [email protected] to find out a way we can collaborate together :)

Everything in this report is for informational and entertainment purposes only. Nothing in this report should be taken as financial advice or as an inducement to purchase or sell any security. Nothing in this market report should be used as legal advice. Always do your own research before making any decisions regarding financial transactions of securities.