Back to the list

OKEx To Launch A Platform for Security Tokens in 2020

OKEx, a popular cryptocurrency exchange, recently announced its intention to launch a new trading platform OKMSX for security tokens trading in the first quarter of next year.

According to a press release, OKEx has teamed up with the digital and fintech division of the Maltese Stock Exchange, MSX, to launch OKMSX. The trading platform should become an “institutional grade exchange for security tokens”.

It is also reported that the new platform will take advantage of the experience of the Maltese Stock Exchange in the area of ​​compliance. Work on OKMSX is now nearing the final stages of development, and launch is expected in the first quarter of 2020.

Andy CHEUNG, head of operations at OKEx, stated:

“This joint venture marks our confidence in the Maltese government as well as our commitment to providing an efficient, secure, and transparent blockchain trading environment to clients worldwide. We are excited as it is finally happening in 2020.”

The exchange celebrates the first anniversary in Malta, joining forces with the DELTA Summit to organize the first Tech Week, which will be held from September 30 to October 4.

Image courtesy of Sludgefeed

Back to the list