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DX.Exchange to Support Secondary Markets and Issue Security Token

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DX.Exchange to Support Secondary Markets and Issue Security Token

One of the noteworthy speakers at TOKEN2049 was DX.Exchange CEO, Daniel Skowronski. At the event, he provided two big pieces of news.

  1. The exchange would be launching their own digital securities
  2. The exchange would soon support secondary market trading through a partnership with MPS Marketplace Securities

IGWT

The digital security, to be launched by DX.Exchange, is to be called ‘In Good We Trust’ (IGWT). This digital security is being sold for multiple purposes. The first, and most obvious, reason is to raise funds for the continued expansion and development of the platform. The second, is to demonstrate the entire tokenization process to investors, and educate interested parties on the ease through which this can be done. Most importantly, in doing so, investors will see first-hand the many benefits of a digital security, which range from financial savings, to security, efficiency, and liquidity.

Fulfilling a Promise

These announcements mark the continued fulfillment of promises made by the exchange to bring new accessibility to investing. Not only are they providing investors with the ability to capitalize on the growth of the exchange itself, but they are now providing a home for security tokens – in doing so, the long sought liquidity associated with digital securities will be realized.

Third Party

DX.Exchange captured the attention of many, mere months ago. They were able to do so by being the first to tokenize publically traded securities. This gave a new subset of investors access to companies like Apple and Tesla. The manner in which this occurs sees DX.Exchange purchase shares in these companies through traditional means. They then act as a custodian of the shares, while issuing digital securities representing an investor’s ownership of the traditional share – commonly known as third party tokenization.

Commentary

Making the announcement at Token2049, DX.Exchange CEO, Daniel Skowronski, spoke about the exchange’s vision for the future. He stated,

“Our vision is to bridge the gap between the old world and the new digital world. 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”

DX.Exchange

DX.Exchange is an Estonia company that was founded in 2018. They specialize in offering investment opportunities through the use of blockchain technology. This has allowed them to quickly become a leader in the world of digital securities.

Token2049

This was a blockchain conference which was hosted in Hong-Kong on March 13/14, 2019. The event was dubbed ‘The Premier Crypto Event in Asia’, and played host to companies such as DX.Exchange.

In Other News

DX.Exchange has a knack for unique offerings, which has resulted in them capturing our attention multiple times. Check out a few of the articles below to learn more about this young company.

DX.Exchange Partners with Perlin to Open New Markets

DX.Exchange to Tokenize Publically Traded Securities

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Joshua Stoner is a multi-faceted working professional. He has a great interest in the revolutionary 'blockchain' technology. In addition to this, he is a licenced Paramedic in Nova Scotia, Canada. As such, he can provide emergency care/medicine to any situation necessitating it.

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