Merj — The World’s First Security Token IPO

in cryptocurrency •  13 days ago 

It has been reported that the Seychelles-based securities exchanges MERJ, the first regulated security token on a national stock market is planning to distribute its equity in Europe through a partnership with a blockchain service provider.

Globalcap is the first company to issue an equity-security token under the supervision of the UK’s Financial Conduct Authority last year and with this new partnership will again thrust the company into the forefront of financial technology.

According to MERJ Technology CEO Edmond Tuohy the upcoming IPO will make their platform the first entity anywhere in the world to hold an initial public offering of security tokens.

Security token offering seems to be gaining more traction as more and more distributed ledger technology companies are entering the space such as tZero which has recently opened its preferred equity security tokens platform.

Another company that is entering the Securities platform is San Francisco-based security tken issuance platform TokenSoft which revealed will be adding know-your-business services to enhance customer due diligence requirements.

Headlines for the world of Cryptocurrencies - August 29, 2019
  • Mercedez-Benz China Uses PlantOnF Platform
  • Thailand’s Customs Bureau Plans To Use Blockchain-Based Solution Tradelens By IBM
  • Boeing Joins Hedera Hasgraph Council
  • Chinese Telecom Releases Information On 5G Blockchain Phones
  • More Than Half Top Universities Have Crypto Classes According To Coinbase
Headlines for the world of Cryptocurrencies - August 28, 2019
  • Under Strict Conditions First Bitcoin Bank Gets Approval In Switzerland
  • These Organizations Might Be The First To Receive China’s first Cryptocurrency
  • Futures Trading Platform Of Binance will Launch On September
  • Amidst Pay But Charlie Lee To Keep Funding Litecoin Foundation
  • Grin Trading Near All-Time Low
Headlines for the world of Cryptocurrencies - August 27, 2019
  • Massive Botnet Shut Down By French Police
  • Loom Launches Free Course To Learn How To Code Libra Blockchain
  • ShortHop Launches In 7 US States
  • Houston Rocket’s General Manager Bullish On Bitcoin
  • Binance Launches its Lending Platform

Posted from



Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!