The following opinion piece on token-as-securities was written by Benjamin Pirus, a crypto trader who has written many articles for different ICOs, crypto news outlets, and clients.

2017 was a special year in many ways. Not often in life are there opportunities to invest in an asset and see a profit increase of 1000% (or higher) in the span of a few days. Yet, this was common on and off for much of 2017 in the cryptocurrency space. Some argue that these days are now gone forever. However, there may be a case for one more exponential bull run in crypto, with tokenized securities leading the way.

Also read: Philippines Okays PDAX Crypto Exchange

Speaking objectively, 2018 has been a difficult year for the crypto space, with an overall market cap crash of over 75%, and regulatory fears and misunderstanding sprinkled throughout the year, likely keeping the market from a comeback. Crypto seems to have arrived at a crossroad, with many regulatory decisions to be made ahead.

It seems as though the market cap will not reach new highs until several regulatory issues are sorted out and clarified. Tokenized securities will bring more clarity and stability to a market that currently needs more investors; investors that will only join in when they feel their investments will be safe.

A Question of Value

Many crypto investors have left the space with feelings of contempt. This can be in part attributed to the fact that cryptocurrencies are not currently backed by anything. The crypto market sees price action almost entirely based on speculation. When a person buys an altcoin, there is no certainty that price will fluctuate based on the success of the underlying company.

Ripple is actually very well