Crypto and Fiat exchange, DX.Exchange has made history today by becoming the first exchange ever to offer Security Token trading.
Earlier this week, we provided you with all the information about the ground-breaking exchange DX.Exchange. We can now announce they have officially taken their next steps into providing an innovative service like none other before by officially listing security tokens as of today.
They will be making history by providing institutional grade tools and services needed for both institutional and professional traders to gain access to security tokens and trade them on a secondary market. A long-standing dream in online trading communities.
With this move, DX.Exchange users will be able to trade with these securities tokens to acquire company shares and profit splits, as well as other real-world items like real estate or art. These will join the already fully-equipped platform that allowed users, alongside fiat and cryptocurrencies, to trade fractions of digital shares of big money companies like Apple or Facebook.
DX.Exchange will become the world’s first comprehensive service that encapsulates the full spectrum of trading possibilities. According to the press release announcing the news, the move will help to realise the DX.Exchange company vision of breaking down the borders between cryptocurrencies currencies and the real world.
Speaking about the launch of the latest implementation, CEO & Co-Founder of DX.Exchange Daniel Skowronski stated, “Our vision is to bridge the gap between the old world and the new digital”. Continuing he explained, “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. At DX, we can help trade the untradeable.”
As of today, users can trade security tokens on the site via the use of cryptocurrencies or fiat currencies 24/7, with any security token able to offer themselves on the exchange.
With the introduction of this latest addition to their service will come a new look company. The company will see a restructure and transform into a new entity, known as DXtech Exchange. However, the inner-workings will work in a similar way to their pre-existing product. It will operate via their existing deal with MPS Marketplace Securities Ltd, which are the enablers of their ability to trade real world stocks.
Once the customer has verified their stringent KYC procedures, they will then be offered a list of security token assets, based on their investor profile, which they will be able to trade. When you choose an option you wish to purchase, MPS will then act as the middle man between you and the sellers, and take accountability for the processing of the trade.
The matching process between the two parties will be automated by state-of-the-art matching software, allowing for an effortless experience on your part. While all transactions will all be overseen by their security systems, allowing you peace of mind.
All companies hoping to offer their services on the new DXtech exchange will have to abide by a 5-part eligibility requirement, ensuring only top quality products will appear on the users list.
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