security token

Security tokens represent ownership in real assets and must comply with securities regulations.证券型代币代表现实资产的所有权，必须遵守证券法规。

Security token offerings were hyped as a major trend in 2018 but regulatory complexity slowed their mass adoption.证券型代币发行（STO）在 2018 年被炒作为一大趋势，但监管的复杂性减缓了其大规模采用。