Crypto exchange Archax to list security tokens from Polymath

Blockchain-based security tokens allow real-world assets such as equity, debt, funds, property, etc. to be tokenized; bringing decentralized round-the-clock liquidity for hard to trade assets through fractional ownership...

Crypto exchange Archax to list security tokens from Polymath

Archax, the forthcoming London-based institutional digital securities exchange, today announced a partnership with Polymath, the security token platform focused on issuance and management of regulated assets. Under this partnership, Archax will support tokens on its exchange that are created using Polymath’s ST20 standard.

“We are building the first truly global and institutional digital securities exchange based out of London; and are looking to list credible token projects from across the world.”
– Graham Rodford, CEO of Archax

Focused on institutions and professional investors, Archax is hoping to launch later this year. The company’s application to operate as a London-based multilateral trading facility (MTF) is in the final stages of consideration by the UK’s FCA.

“While we make it easy for firms to create and manage security tokens; we rely on the expertise of our partners for areas like secondary trading.”
– Graeme Moore, Head of Tokenization at Polymath