Join Our Mailing List
Tuesday January 31, 2023
Bitcoin (BTC) $23,179.21   Ethereum (ETH) $1,595.21
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Crypto Exchanges

MERJ gets backing for security token exchange in Seychelles

Published by CryptoNinjas.net
05/08/2019
MERJ gets backing for security token exchange in Seychelles

MERJ, a multi-market global financial exchange for equities, debt, and derivatives, announced it has the backing of the Seychelles Financial Services Authority, to make it one of the first fully-licensed and government-recognized platforms for tokenized asset markets.

Until now, STO launchpads and other crypto markets have floated, largely untethered by government regulation. Other securities exchanges have also grappled with regulations, legacy infrastructure and processes. As a result, institutional and private investors alike have been reluctant to enter the space, unwilling and unable to participate in an unregulated, unlicensed market. A key piece of the security token ecosystem has also been missing by not having a suitable exchange to list and trade these instruments. This has meant the world has largely missed out on the many advantages of token offerings, including global democratic access to investment opportunities and lower overall fees.

With its unique collection of licenses and regulatory approvals, MERJ provides legal and regulatory certainty in an environment of unreliable crypto exchanges and poor market perception. An array of security tokens and eventually other digital assets are eligible to be listed and tradable. MERJ will list “tokenized” ordinary shares of a public company, starting with its own tokenized shares, which are being listed in H1 2019.

MERJ and its wholly-owned group of companies collectively operate an entire end-to-end exchange and post-trade infrastructure. As the industry continues to evolve, MERJ is well positioned to offer investors and issuers an end-to-end service leveraging distributed ledger technology. By updating its framework, securing the necessary regulatory approvals and maintaining existing licenses, MERJ provides a sustainable platform adaptable to advancements in financial and regulatory technologies.

MERJ is fully licensed by the Seychelles FSA as a securities exchange, clearing agency, and securities facility. They are also authorized by the Central Bank of Seychelles as a clearing system operator and settlement system operator.

“MERJ is proud to be building a new 21st-century global financial market ecosystem. We’re transcending global market silos and geographic boundaries, and pioneering secure market access for all, regardless of the size or origin of the investor. Until now, there has been no fully-fledged securities platforms open to the retail public where issuers can list security tokens and get secondary market liquidity. We’re breaking the mold to the benefit of issuers and investors the world over.”

Edmond Tuohy, CEO of MERJ

“MERJ group companies have been licensed and regulated by the Financial Services Authority since 2012. MERJ has worked closely with the FSA since that time. The FSA continues to follow new promising financial and regulatory technologies and encourages innovation in the securities market and non-bank financial services that it regulates, such as those being put in place by MERJ.”

Dr. Steve Fanny, CEO of the Financial Services Authority

From May, MERJ will offer online account signups, a new client portal, and direct access trading on the web, mobile (iOS and Android), and desktop trading interfaces.

25
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

CurioInvest to bring tokenized supercar collectibles to MERJ

01/31/2020
CurioInvest to bring tokenized supercar collectables to MERJ exchange

One of the world’s most exclusive asset classes is set to become accessible to investors worldwide thanks to a partnership between hybrid exchange MERJ and supercar tokenization platform CurioInvest. The listings could bring up...

Read more

MERJ Exchange goes live with world’s first tokenized IPO

09/10/2019
MERJ Exchange goes live with world’s first tokenized IPO

MERJ, the national stock exchange of the Republic of Seychelles, announced today the initial public offering (IPO) of its tokenized shares, becoming the first entity in history to do so. The offering values the...

Read more

Security token exchange MERJ partners with UK token issuer Globacap

08/29/2019
Security token exchange MERJ partners with UK token issuer Globacap

MERJ, a recently launched security token exchange, today announced a partnership with blockchain company Globacap, a UK regulated platform to issue tokenized equity. Earlier this month, MERJ became the first stock exchange globally to...

Read more

Tokenized shares exchange MERJ lists its own security token

08/07/2019
Merjclear

MERJ, a recently launched exchange, clearing agency, and registry in full compliance with the Seychelles Financial Services Authority, today announced the official listing of its own tokenized security on its fully compliant and regulated...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
Trust Wallet launches anticipated browser extension of its crypto management app

Trust Wallet launches anticipated browser extension of its crypto management app

11/14/2022
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
6 Best Cloud Mining Platform In 2022

6 Best Cloud Mining Platform In 2022

11/20/2022
Where Exactly Can You Spend Monero Cryptocurrency?

Where Exactly Can You Spend Monero Cryptocurrency?

10/20/2021
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
Crypto exchange Gemini launches new electronic OTC trading solution

Crypto exchange Gemini launches new electronic OTC trading solution

01/19/2023
Crypto securitization platform-GenTwo links to all Coinbase assets

Crypto securitization platform GenTwo links to all Coinbase assets

01/14/2023
Blockchain ecosystem ThunderCore teams with Huobi and MyCointainer in node expansion

Blockchain ecosystem ThunderCore teams with Huobi and MyCointainer in node expansion

01/05/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy