Blockchain development company Stratis today announced the launch of a regulatory-compliant STO platform

Blockchain development company Stratis today announced the launch of the STO (Securities Token Issuance) platform, which allows companies to issue legally permitted asset-backed securities on the Stratis blockchain to raise funds. Stratis said the new platform complies with anti-money laundering (AML) and know-your-customer (KYC) regulatory requirements and complies with US Securities and Exchange Commission (SEC) regulations. Stratis CEO Chris Trew said that the STO platform is highly secure, flexible and scalable, enabling companies of all sizes to raise funds through asset tokenization.