Securities Law
Howey Test
The Howey Test is the US Supreme Court's four-prong framework determining whether a transaction constitutes an 'investment contract' and thus a security.
Real Estate Tokenization Law: Global Regulatory Frameworks
Real estate tokenization regulation globally: securities law analysis, property rights frameworks, EU DLT Pilot Regime, SEC exemptions, ADGM, Singapore, and key compliance requirements.
Security Token
A security token is a blockchain-based digital instrument representing ownership rights in an asset that qualifies as a security under applicable law.