June 12th, 2019 at 6:13 am UTC · 1 min read
Standard Tokenization Protocol’s newly launched STPT token will begin trading tonight— just a few hours after the completion of its record-breaking IEO. (details here)
Typically, projects must wait up to 24 hours (and in some cases several days) before their token may begin trading on the exchange. STP worked closely with the Bittrex International team to be able to provide as immediate trading as possible for users, supporters, and investors.
As of 8:00pm EST tonight, Bittrex users will be able to log in and trade the STPT/BTC pair.
At 10:00am EST this morning, STP Network conducted an IEO on Bittrex International, one of the largest crypto exchanges in the world, which sold out instantaneously. The initial offering of 75 million STPT tokens marks a record as the fastest initial exchange offering to date.
Standard Tokenization Protocol (STP) is an open-source standard defining how tokenized assets are issued and transferred while complying with all necessary regulations at the token level. Standard Tokenization Protocol allows assets to be tokenized in a way that makes them fully compliant across jurisdictions and transferable across any platform.