THELOGICALINDIAN - n-a
DX.Exchange will barrage its own aegis token, as the barter prepares to accredit aegis badge trading for institutional and able investors.
The Estonia-based agenda asset exchange appear at the TOKEN2049 appointment that it will activate to account aegis tokens, starting today. Users will be able to buy tokens beeline from the platform, either with authorization or agenda currencies, such as Bitcoin (BTC), Ether (ETH), Tether (USDT) or XRP.
This is the aboriginal time a cryptocurrency barter has provided a aegis badge advertisement and trading platform. Retail investors will not be able to admission this service, which will be accessible alone to absolute institutional or accepted investors.
The barter is additionally ablution its own token, dubbed In Good We Trust (IGWT), to advertise the new aegis badge account and advice accession funds for the company. 18 actor IGWT tokens will be awash in a clandestine sale, with 10% of the exchange’s profits to be consistently broadcast to the badge holders. There will be no minimum advance amount.
Tokenization
Although DX.Exchange is a peer-to-peer exchange, trading of aegis tokens will be allowable through a counterparty. The exchange’s partner, MPS Marketplace Securities, will automatically bout buyers with sellers, enabling near-constant liquidity.
Although DX.Exchange alone launched aftermost year, it anon affiliated itself with absolute names from the banking sector. The belvedere uses Nasdaq’s analogous agent technology and has co-sponsored an accident with Bloomberg.
Speaking at the TOKEN2049 appointment in Hong Kong, DX.Exchange co-founder and CEO, Daniel Skowronski, said the new aegis badge advertisement account would help parties from acceptable markets buy into the new sector. “Our eyes is to arch the gap amid the old apple and the new agenda world,” he said.
Security badge projects may administer for a listing, and the barter will appraise applicants based on their project’s continued appellation projection, amends and badge distribution.
“We accept that all assets whether its securities, art or real-estate will be tokenized,” Skowronski said. “This tokenization has abounding allowances but the arch is the adeptness to advice actualize abundance for bodies all over the apple no amount their amusing bread-and-butter situation.”
“At DX, we can advice barter the untradeable,” he added.
The columnist is invested in agenda assets, including BTC and ETH which are mentioned in this article.
