Monday April 12, 2021
Bitcoin (BTC) $60,011.00   Ether (ETH) $2,127.91
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
NEWSLETTER SIGNUP
EXCHANGE 300+ COINS
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
No Result
View All Result
Home Vendor Technology

Eastern Caribbean Securities Exchange selects Blockstation for tokenized asset trading pilot

The Eastern Caribbean Securities Exchange (ECCU) already has a regulatory framework in place to support investment and funding from international sources...

Published by CryptoNinjas.net
03/10/2020
Eastern Caribbean Securities Exchange selects Blockstation for tokenized asset trading pilot

The Eastern Caribbean Securities Exchange (ECSE), today announced a Letter of Intent (LoI) selecting Blockstation as a technology partner. Together, the firms will pilot the trading of digital assets including tokenized IPOs; also known as Security Token Offerings (STOs), bitcoin (BTC) and ether (ETH) in 2020.

ECSE is a regional securities market established by the Eastern Caribbean Central Bank; licensed under the Securities Act of 2001 – a uniform regional body of legislation governing securities market activities.

Blockstation provides an end-to-end platform for the compliant tokenization, listing, trading, clearing, and settlement of digital assets for every participant in the stock exchange ecosystem including issuers, investors, broker-dealers, depositories, market makers, and regulators.

Talks between Blockstation and the ECSE began in late 2018, with positive steps taken towards an agreement following successful trials of the platform with the Jamaica Stock Exchange (JSE) – including the announcement of the first four issuers to conduct a tokenized IPO later this year – and a planned pilot with the Barbados Stock Exchange (BSE).

“The ECSE is proud to take a leading role in increasing access to and participation in our securities market through digital assets. This pilot follows the pilot being undertaken by the Eastern Caribbean Central Bank (ECCB) of a digital EC dollar (DXCD) that will be the world’s first central bank-backed digital currency, supporting the ECCB’s goal to remove financial frictions, promote financial stability, and expedite growth and development in the member countries of the Eastern Caribbean Currency Union (ECCU).”
– Trevor E. Blake, Managing Director of the ECSE

The ECSE intends to leverage the Blockstation platform to provide:

  • 100% insurance on investors’ digital assets.
  • Prospectus+ Smart Listing Accelerator Portal (SLAP) for issuers to create and manage their disclosure documentation in preparation for a Tokenized IPO.
  • Secure, streamlined KYC/AML processes to ensure trading only with trusted parties.
  • Best-in-class design with a user-customized dashboard showing the bid/ask book, trading interface and market activity at a glance.
  • Decentralized custodianship with multi-signature authorization in cold storage vaults.
  •  ChainWatch security tool for regulators to track the source and flow of assets in real-time.
  • Hassle-free withdrawal and conversion of digital assets with an end-of-day settlement.
  • Liquidity from a central, continuous order book with multiple broker-dealers and market makers.

The Blockstation platform facilitates access to international investors; by permitting the use of BTC and ETH in addition to fiat currencies. This enables smaller investors to participate in exciting offerings due to the low cost of blockchain transactions.

“It’s inspiring to see the vision of shared prosperity resonate so strongly in our conversations with the ECSE and financial regulators in the region. We look forward to advancing the ECSE’s goals of leveraging the blockchain to bring transparency, improved security and new economic opportunities to their citizens and global investors.”
– Matt Singh, VP of Sales at Blockstation

9
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Blockstation ready for issuers to tokenize equity on the Jamaica Stock Exchange
Blockchain Technology

Blockstation ready for issuers to tokenize equity on the Jamaica Stock Exchange

02/18/2020
Load More
Leave Comment

Where to Exchange

Bit2MeLeading Spanish Bitcoin ExchangeVisit
BL3P
European Bitcoin ExchangeVisit
ChangellyExchange & Buy 150+ CryptocurrenciesVisit
itBitAmerica's First Regulated Bitcoin ExchangeVisit
  • Trending
  • Latest
XRP Ledger based exchange Sologenic launches its new DEX

XRP Ledger based exchange Sologenic launches its new DEX

03/31/2021
DEX liquidity provider PancakeSwap now available on SWFT Blockchain

DEX liquidity provider PancakeSwap now available on SWFT Blockchain

04/09/2021
Crypto trading app Orion Terminal now live, offering BSC and ETH chains, staking to come

Crypto trading app Orion Terminal now live, offering BSC and ETH chains, staking to come

04/06/2021
ICON blockchain core developers add integration with Polkadot ecosystem

ICON blockchain core developers add integration with Polkadot ecosystem

04/03/2021
Ubitquity teams with VeChain on blockchain-powered tools for the global title industry

Ubitquity teams with VeChain on blockchain-powered tools for title industry

03/30/2021
Decentralized cloud storage aggregator ColdStack gets investment from Digital Finance Group

Decentralized cloud storage aggregator ColdStack gets investment from Digital Finance Group

04/09/2021
C.R.E.A.M. Finance's Iron Bank to bring protocol-to-protocol flash loans to DeFi 

C.R.E.A.M. Finance’s Iron Bank to bring protocol-to-protocol flash loans to DeFi 

04/09/2021
Smart contract platform Avalanche integrates The Graph to expand querying and indexing

Smart contract platform Avalanche integrates The Graph to expand querying and indexing

04/09/2021
NFT blockchain technology provider Arkane Network closes €1.55M seed round

NFT blockchain technology provider Arkane Network closes €1.55M seed round

04/09/2021
mWallet: ProximaX's blockchain-powered white-label mobile wallet

mWallet: ProximaX’s blockchain-powered white-label mobile wallet

04/09/2021
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2021 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

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy

Go to mobile version