Now, there’s all this pent-up demand for security token liquidity and nowhere to go.”Īnd that’s what excites Trevor the most about the Polymath platform that will launch the next generation of security tokens. “Binance and all these other big exchanges have lots of liquidity,” he says, “but security tokens don’t because as soon as you trade one security on your exchange, you become under the purview of the regulators and the SEC. On top of that, there are no exchanges that list security tokens, so once you have issued yours, you’re pretty much fresh out of options. Right now though, there are hardly any security tokens since it’s an overly complex and cumbersome process to create them. Perhaps a better question to ask is– what is a security token? “It’s very simple actually,” he says, “security tokens represent an ownership in an asset, which could be LP shares, or whatever, and it’s just a tokenized version of it… You have investors who expect profits, not that expect a product, and you have regulation and KYC.” What’s So Exciting About Security Tokens? Now he’s committed to presiding over what he sees as the “biggest and best-kept secret in crypto right now”–security tokens. Before that, he was in Silicon Valley and Wall Street.Īnd before that, he was a hockey player, making the NYR Draft Pick. Active in crypto since the early days and buying his first Bitcoin on eBay, Trevor is famous for investing in early ICOs, including MasterCoin, Ethereum, ShapeShift, and EOS.
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