• Security tokens — digital versions of financial securities like stocks and bonds — are becoming a new buzzword in crypto.
  • Analysts and executives in the industry see security tokens as a development that could reinvigorate the cryptocurrency space.
  • A key difference setting security tokens apart from other cryptocurrencies is that they are asset-backed and fall within regulatory parameters, experts say.
The Apple logo is displayed at the Nasdaq MarketSite just before the opening bell in New York on Thursday, Aug. 25, 2011.

Cryptocurrencies had a wild 2018, tumbling well below some of the record highs seen toward the end of 2017.

Bitcoin, once worth almost $20,000, plunged last year, closing out 2018 at a price below $4,000. Other major virtual currencies, including XRP and ether, also fell steeply.