Spain Takes a Step Forward: Regulated Security Token Offering Launched on BeToken via Polygon

Spain Launches First Regulated Security Token Offering with BeToken on Polygon

Spain has made a significant move in the world of digital finance by launching its first regulated security token offering (STO) through BeToken on Polygon. This groundbreaking achievement marks Spain as one of the first European countries to enable real-world asset tokenization under a fully operational and compliant framework.

The newly issued BeToken represents legal equity in Beself Brands, a Spanish digital-native company operating across multiple European countries. By issuing tokens through this platform, the company offers its investors full shareholder rights, including dividend payments, voting power, and quarterly financial updates.

BeToken uses Polygon’s decentralized infrastructure to achieve instant settlement, transparency, and low operation costs, which will be managed by regulatory bodies and institutions in the country.

Source: cryptotale.org