Press Release 10.06.2022
Linework is glad to announce the beginning of a new journey:
Security Token Offering (STOs).
Linework is glad to announce that through its French subsidiary Linework France SAS it will
be able to carry out Security Token Offering and Initial Token Offering up to a maximum
value of 8 million Euros per issuance.
By virtue of the legislation in force in France (with legislation of 8 December 2017, with Circular
of the AMF – Financial Markets Authority and update of July 2018, art. 211-1 of the RGAMF
updated to April 2022), which specifies that the issuance of ICO or STO tokens of less than 8
million are not considered as “public offers” and consequently not subject to the approval of the
supervisory authority, Linework France SAS is entitled as Direct Operator of STO up to a limit
of 8 million euros for each STO issuance. Within these limits, by law, no further authorizations
and/or procedures are required.
Thanks to the vast and important network of international stakeholders, Linework is starting
to work with several partners to create its first Security Token Offerings in the real estate market
through its own TokenLite platform, reachable at https://sto.linework.online.
The security token is considered a real investment or pure financial asset with, for its owner,
medium / long-term profit objectives. In other words, the security token represents the digital
equivalent of acquiring equity shares in a company, a shareholding in the purchase of a rented