STOs allow companies to establish whitelists and blacklists to comply with KYC requirements and comply with anti-money laundering (MRL) and anti-terrorist financing rules. StOs thus set a new benchmark for transparency. It could help revolutionize the future of crowdfunding and restart the crypto market. When a company sells a SAFT to an investor, it accepts that investor`s money, sells, offers, or exchanges coins or tokens. Instead, the investor receives documents attesting that the investor has access to the creation of a cryptocurrency or other product. That same year, Kik Interactive, a Canadian mobile messaging startup, raised $50 million after filing with the SEC and selling SAFT securities to accredited investors. . . .