Seychelles based, MERJ, has been on a tear lately, and has no sign of slowing down. It was recently announced that they have partnered with London based, Globacap. This partnership was undertaken with the intention of expanding their services throughout Europe.
Between the two companies, services are offered facilitating, not only the issuance of digital securities, but a place to call home on a digital exchange.
Upon making the announcement of their planned expansion into Europe, with the help of Globacap, representatives from each company took the time to comment. The following is what each had to say on the matter.
Ed Tuohy, CEO of MERJ, stated,
“We will be the first entity anywhere in the world to hold an initial public offering of security tokens,” said Edmond Tuohy, CEO of MERJ Exchange. “For this ground-breaking event, it is essential for MERJ to have a partner on board with the right technology, systems and approach to grasp the significance of this milestone for financial markets. Globacap are among the leaders who are really executing in this space and that resonates well with us.”
Myles Milston, CEO of Globacap, stated,
“Globacap and MERJ share a sense of mission to bring the efficiency and cost benefits of distributed ledger technology to the regulated financial markets arena,” said Globacap Founder and CEO Myles Milston. “MERJ has demonstrated unquestionable leadership and its IPO will be a landmark event in bridging regulated financial markets and the world of digital assets. We couldn’t be more excited to be a part of this journey.”
First to Market
MERJ recently made waves in the digital securities sector, as they became the first company to successfully issue tokenized shares on a digital exchange. Their path, leading them to this step, has the potential to serve as a blueprint for similar listings in the future, as various nations continue to navigate the nascent digital securities sector.
This development came only a few short months after we discussed their plans for a 2019 STO in the following article.
Speaking with Ed
We were fortunate to have recently completed an exclusive interview with MERJ CEO, Ed Tuohy. In this interview we discussed the origins of MERJ, services offered, and where the company is going in the future.
Operating out of Seychelles, MERJ is a securities exchange that first launched in 2011. This launch came after a company rebrand, as it was formally known as Trop-X. Above all, MERJ operates with a goal of merging traditional finance with next-gen technologies, such as DLT and blockchain.
CEO, Ed Tuohy, currently oversees company operations.
Globacap is a London, England, based company, which was founded in 2017. With an eye on the future, Globacap is working to provide investors and companies with access to blockchain and DLT based services, including an automated capital markets platform.
CEO, Myles Milston, currently oversees company operations.
In Other News
Globacap has been on a tear as of late, as they have announced multiple partnerships, in addition to successfully exiting the FCA Sandbox. This string is successes has paved the way for a potentially bright future for the company.