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.
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.
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