• Latest
Crypto Platform DX.Exchange Adds Secondary Trading of Security Tokens

Crypto Platform DX.Exchange Adds Secondary Trading of Security Tokens

March 14, 2019
ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
mintable launches industry changing gas free minting service on ethereum

Mintable Launches Industry Changing Gas Free Minting Service on Ethereum

May 1, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
bitcoin atm installed in mexico's senate building

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
nfts: the next musical revolution

NFTs: The Next Musical Revolution

April 24, 2022
things you should know before investing in nfts

Things You Should Know Before Investing in NFTs

April 24, 2022
what are wrapped tokens?

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?

What is the future of Ethereum (ETH)?

April 22, 2022
green gaming

Everything You Need to Know About Play-to-Earn on Algorand in 2022

April 21, 2022
$ape going bananas as rumors of upcoming land sale of bayc metaverse gather momentum

$APE Going Bananas As Rumors of Upcoming Land Sale of BAYC Metaverse Gather Momentum

April 21, 2022
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
CoinNewsDaily
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
CoinNewsDaily
No Result
View All Result
Home Business

Crypto Platform DX.Exchange Adds Secondary Trading of Security Tokens

coinnewsdaily by coinnewsdaily
March 14, 2019
in Business
0
Crypto Platform DX.Exchange Adds Secondary Trading of Security Tokens
190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022

DX.Exchange, an Estonia-based platform that soft-launched in January, has opened its market to secondary trading of security tokens. 

Announced today, the exchange now allows companies to list their security tokens previously issued on other platforms. Institutional investors in Europe can purchase the tokens on the exchange for fiat, bitcoin, ether, tether and XRP.

However, to start with, only one such token will be listed on DX.Exchange – its native IGWT token.

Eventually, the platform’s co-founder Daniel Skowronski told CoinDesk, the company will roll out its own technology for asset tokenization, but for now, it will facilitate the trading of existing security tokens.

As for the native token, 18 million IGWT will be offered in a closed security token offering (STO) for a limited time, and afterward, 10 percent of the company’s profits will be regularly distributed to the token holders, DX.Exchange pledged.

Currently, the platform is functioning in a closed regime for some 8,000 pre-registered users, Skowronski told CoinDesk, with the main launch planned for April. Users can currently trade 10 cryptocurrencies including bitcoin, ether, litecoin, bitcoin cash, OmiseGo, XRP and others.

They can also purchase and trade ERC-20 tokens backed by real-world securities, such as stocks of Tesla, Google, Facebook, Amazon and 30 more. The stocks are purchased and held by the brokerage MPS Marketplace Securities Ltd. registered in Cyprus.

“Our vision is to bridge the gap between the old world and the new digital world,” Skowronski said in a press release. “We believe that all assets whether its securities, art or real-estate will be tokenized. This tokenization has many benefits but the strongest is the ability to help create wealth for people all over the world no matter their social economic situation.”

Because of the regulatory hurdles, the company doesn’t offer its service to the U.S. users and isn’t planning to do so in the coming months, Skowronski told CoinDesk.

Trading image via Shutterstock

Credit: Source link

Tags: BusinessCryptoCrypto Business
Share76Tweet48
Previous Post

PayGlobal Sees XRP as Priority to Add at ATM and Bank Card Payouts

Next Post

Downtime Compensation Paid in Cryptocurrency Tokens

coinnewsdaily

coinnewsdaily

CoinNewsDaily.com is an online Crypto Coin News Website that aims to provide latest trendy news from market and around the world.

Related Posts

ygg sea surpasses 10,000 scholarships in just six months of launch
Alt Coin

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
5 projects enabling smart contract development on bitcoin
Alt Coin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications
Alt Coin

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin
Alt Coin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
what are wrapped tokens?
Bitcoin

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?
Alt Coin

What is the future of Ethereum (ETH)?

April 22, 2022
Load More
Next Post
Downtime Compensation Paid in Cryptocurrency Tokens

Downtime Compensation Paid in Cryptocurrency Tokens

Categories

  • Alt Coin
  • Bitcoin
  • Business
  • Ethereum
  • ICO
  • Litecoin
  • Mining
  • NFT
  • Ripple
  • Tech
  • Trading

What New here?

  • YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch
  • Mintable Launches Industry Changing Gas Free Minting Service on Ethereum
  • 5 Projects Enabling Smart Contract Development on Bitcoin

Subscribe to Get More!

Loading
  • About Us
  • Contact Us
  • Privacy & Policy

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

  • bitcoinBitcoin(BTC)$23,710.002.01%
  • ethereumEthereum(ETH)$1,635.662.45%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$314.692.02%
  • rippleXRP(XRP)$0.4129690.09%
  • cardanoCardano(ADA)$0.3918321.23%
  • dogecoinDogecoin(DOGE)$0.0891270.02%
  • matic-networkPolygon(MATIC)$1.160.93%
  • okbOKB(OKB)$39.25-1.35%
  • solanaSolana(SOL)$25.515.78%
  • polkadotPolkadot(DOT)$6.540.50%
  • shiba-inuShiba Inu(SHIB)$0.0000120.72%
  • litecoinLitecoin(LTC)$94.80-0.17%
  • tronTRON(TRX)$0.063421-0.15%
  • daiDai(DAI)$1.00-0.04%
  • cosmosCosmos Hub(ATOM)$13.702.75%
  • chainlinkChainlink(LINK)$7.31-0.66%
  • leo-tokenLEO Token(LEO)$3.62-7.64%
  • moneroMonero(XMR)$185.951.37%
  • ethereum-classicEthereum Classic(ETC)$22.942.79%
  • bitcoin-cashBitcoin Cash(BCH)$135.45-0.40%
  • stellarStellar(XLM)$0.0938610.87%
  • crypto-com-chainCronos(CRO)$0.0820430.32%
  • filecoinFilecoin(FIL)$5.390.39%
  • algorandAlgorand(ALGO)$0.257172-0.45%
  • vechainVeChain(VET)$0.024245-1.39%
  • internet-computerInternet Computer(ICP)$6.12-0.32%
  • aaveAave(AAVE)$86.270.32%
  • eosEOS(EOS)$1.110.49%
  • elrond-erd-2MultiversX(EGLD)$44.880.33%
  • theta-tokenTheta Network(THETA)$1.090.72%
  • tezosTezos(XTZ)$1.151.20%
  • paxos-standardPax Dollar(USDP)$1.000.50%
  • bitcoin-cash-svBitcoin SV(BSV)$43.77-0.35%
  • huobi-tokenHuobi(HT)$5.150.19%
  • havvenSynthetix Network(SNX)$2.45-0.67%
  • pancakeswap-tokenPancakeSwap(CAKE)$4.112.53%
  • iotaIOTA(MIOTA)$0.2394941.11%
  • dashDash(DASH)$57.390.55%
  • makerMaker(MKR)$669.030.63%
  • zcashZcash(ZEC)$46.44-1.57%
  • neoNEO(NEO)$8.31-0.21%
  • zilliqaZilliqa(ZIL)$0.029060-0.89%
  • basic-attention-tokenBasic Attention(BAT)$0.2677160.21%
  • compound-governance-tokenCompound(COMP)$55.96-0.14%
  • nemNEM(XEM)$0.0400840.76%
  • Elrond ERDElrond ERD(ERD)$0.0259290.00%
  • kusamaKusama(KSM)$36.360.08%
  • bitcoin-goldBitcoin Gold(BTG)$17.680.39%
  • qtumQtum(QTUM)$2.762.97%
  • wavesWaves(WAVES)$2.69-1.21%
  • sushiSushi(SUSHI)$1.320.93%
  • ftx-tokenFTX(FTT)$1.89-21.50%
  • yearn-financeyearn.finance(YFI)$7,742.992.63%
  • golemGolem(GLM)$0.246013-0.71%
  • omisegoOMG Network(OMG)$1.500.28%
  • ontologyOntology(ONT)$0.2211642.27%
  • digibyteDigiByte(DGB)$0.0109762.10%
  • umaUMA(UMA)$2.121.44%
  • ethlendAave [OLD](LEND)$0.53-3.08%
  • UniswapUniswap(UNI)$2.4438.80%