Episode 3: Demystifying Security Token Offerings: The Real Process Behind the Buzz
Episode 3: Demystifying Security Token Offerings: The Real Process Behind the Buzz  
Podcast: Old Men, New Money®: Bitcoin, Blockchain & Tokenization
Published On: Wed Oct 29 2025
Description: The Complete Guide to Security Token Offerings (STOs): Costs, Process, and PitfallsIn this episode of Old Men, New Money, Douglas Borthwick demystifies the intricate process of Security Token Offerings (STOs). He details the entire journey from planning to execution, highlighting key parties involved: issuers, securities lawyers, blockchain developers, transfer agents, broker dealers, and custody providers. The episode breaks down costs, timelines, and common pitfalls that companies face. Borthwick draws from his experience at INX, providing practical insights into legal documentation, smart contract creation, investor relations, and compliance. The episode serves as a comprehensive guide for companies considering STOs, underlining the importance of professional execution.00:00 Introduction to Security Token Offerings00:14 Understanding the STO Process02:02 Key Players in an STO04:44 Detailed Breakdown of the STO Timeline13:48 Common Mistakes and How to Avoid Them15:31 Successful STO Case Study: INX17:17 Practical Advice for STOs19:05 Conclusion and Next Steps Get full access to Bitcoin, Blockchain and Tokenization at oldmennewmoney.substack.com/subscribe