Malta Stock Exchange Inks Deals to Build Security Token Exchanges

MSX, the newly launched fintech arm of the Malta Stock Exchange, has inked several new deals aimed at creating new marketplaces for tokenized securities.

The newly inked deal sees MSX team up with Neufund, a platform for securities tokenization and issuance, to build a “regulated and decentralized, global stock exchange for listing and trading tokenized securities alongside crypto-assets,” according to a press release.

Exactly what will make the new exchange decentralized was not explained, however.

The partners are already planning a pilot later this year, which will include a public offering of tokenized equity on Neufund’s primary market that will later be available for trading on Binance (by way of a separate agreement with Neufund) – pending a green light from regulators in Malta, that is.

Neufund claimed the new platform will be “the first end-to-end primary issuance platform for security tokens.”

Calling the project a “pioneer in digital finance,” Joseph Portelli, chairman of the Malta Stock Exchange, said:

“We are delighted to welcome Neufund as our key partner in building a blockchain-based exchange that is fully integrated with established financial markets.”

In related news, crypto exchange OKEx has also partnered with MSX to launch a new exchange – called OKMSX – for the trading of “institutional grade” security tokens.

The platform is expected to launch by Q1 of next year, according to a different press release.

Malta has recently been moving to draw crypto and blockchain firms, in June passing three bills pertaining to cryptocurrencies, blockchain and distributed ledger technology (DLT). The news marked Malta as one of the first jurisdictions in the world to pass specific legislation around the tech.

Malta Stock Exchange image via Shutterstock

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.



Source link

Related posts

12 Thoughts to “Malta Stock Exchange Inks Deals to Build Security Token Exchanges”

  1. Clay Schumm

    I will right away grasp your rss feed as I can’t find your email subscription link or e-newsletter service. Do you have any? Please allow me understand in order that I may subscribe. Thanks.

  2. 醫學美容-份子釘-十全大補-cosmetic-wiki

    LacVert 【彩妝】淨白C滑蓋粉餅 Vitamin white pact的商品介紹 UrCosme (@cosme TAIWAN) 商品資訊 LacVert,彩妝,淨白C滑蓋粉餅 Vitamin white pact

  3. Football Solutions Roberto Insigne

    Andrey Arshavin could be heading for the Emirates exit as Arsenal boss Arsene Wenger plans changes to his squad in the January transfer window. Arshavin heading for January exit as Wenger looks to shake up Arsenal squad

  4. Football Solutions Recep Niyaz

    Andre Villas-Boas may have already won the Europa League with Porto but, unless his players develop a more ruthless streak, any chance of him tasting similar success appears distant. Panathinaikos 1 Tottenham 1: Spurs let it slip as goalscorer Dawson suffers a late lapse

  5. futbol.run Pavel Golyshev

    Che Adams scored a brilliant hat-trick as Birmingham demolished Crawley to book their place in the second round of the League Cup, now named the Carabao Cup. Birmingham 5-1 Crawley: Che Adams fires a hat-trick as Blues cruise into Carabao Cup second round

  6. Winner fake rolex for sales Clone

    … [Trackback]

    […] Read More on that Topic: tradingbtc.com/2018/07/19/malta-stock-exchange-inks-deals-to-build-security-token-exchanges/ […]

  7. good site to buy dumps with bin

    … [Trackback]

    […] Here you can find 80505 additional Info to that Topic: tradingbtc.com/2018/07/19/malta-stock-exchange-inks-deals-to-build-security-token-exchanges/ […]

  8. novaทุกรุ่น

    … [Trackback]

    […] Find More Info here to that Topic: tradingbtc.com/2018/07/19/malta-stock-exchange-inks-deals-to-build-security-token-exchanges/ […]

  9. scooters for rent in honolulu

    … [Trackback]

    […] Here you will find 41648 additional Info to that Topic: tradingbtc.com/2018/07/19/malta-stock-exchange-inks-deals-to-build-security-token-exchanges/ […]

  10. milf chat

    … [Trackback]

    […] Find More Information here to that Topic: tradingbtc.com/2018/07/19/malta-stock-exchange-inks-deals-to-build-security-token-exchanges/ […]

  11. sbo

    … [Trackback]

    […] Read More on on that Topic: tradingbtc.com/2018/07/19/malta-stock-exchange-inks-deals-to-build-security-token-exchanges/ […]

  12. sbobet

    … [Trackback]

    […] Find More Info here on that Topic: tradingbtc.com/2018/07/19/malta-stock-exchange-inks-deals-to-build-security-token-exchanges/ […]

Leave a Comment