Malta Stock Exchange Partners With OKEx to Launch Security Tokens Platform

Malta Stock Exchange Partners With OKEx to Launch Security Tokens Platform
The Maltese government is gradually building a global market for cryptocurrencies as it continues to assert itself as the world's blockchain island with crypto-friendly regulations. Thanks to such accommodating legislation, cryptocurrency companies like Binance and OKEx have flocked to the country to build out their services.Helping to further build these services, the Malta Stock Exchange (MSE) just announced the launch of its MSX PLC, an investment vehicle that will partner with leading crypto exchanges to create joint ventures in the country. For MSX PLC’s flagship partnership, MSE signed a Memorandum of Understanding (MoU) with digital asset exchange OKEx.Speaking with Bitcoin Magazine, Joe Portelli, chairman of the Malta Stock Exchange, was full of optimism for the partnership with OKEx.“We believe security tokenization will be the next major wave in the digital asset arena and expect other stocks exchanges to follow our lead,” he commented.OKEx, who recently moved to Malta, will partner with the MSX to create an “institutional grade security-tokens trading platform” called OKMSX. The company, however, expects to finalize the Joint Venture by the third quarter of 2018, while the platform won't be launched until the first quarter of 2019.The partnership would leverage OKEx's expertise for running a digital exchange and the MSE's “experience in regulatory compliance and client due diligence.”Commenti... For Further Information Click on Below Button
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