OMNM
← Back to Education Hub
Module 1

Digital Securities Fundamentals

This foundational module explores what digital securities are and how they differ from cryptocurrencies. Learners gain insight into SEC regulatory frameworks, the complete STO process, and digital trading infrastructure from someone who spearheaded the first SEC-registered security token IPO.

Your Hosts

Douglas Borthwick

Douglas Borthwick

Co-Founder, TokenCapStack

Episodes

1

What Are Digital Securities? (And Why They're Not Crypto)

Clarifying that digital securities are not crypto, covering the Howey Test, blockchain's impact on settlement, and Wall Street's common misconceptions.

2

Navigating the Regulatory Landscape

SEC regulation essentials for builders and investors — Reg D, Reg A+, Reg S, and when to apply each framework.

3

Demystifying Security Token Offerings

A practical walkthrough covering the 3–6 month timeline and $150K–$500K costs for launching STOs, plus typical failure points.

4

The Infrastructure Powering Digital Securities

The operational systems enabling digital securities — Alternative Trading Systems, transfer agents, custody solutions, and infrastructure differences from traditional securities.