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Cryptocurrency and ICO news 19.07.2018

Malta Stock Exchange partners with OKEx and Neufund

The Malta Stock Exchange (MSE) in collaboration with exchange OKEx will create a new institutional grade security-tokens trading platform.

The joint project – OKMSX – launched after the signing of a Memorandum of Understanding between MSE and OKEx, and aims to become a platform for digital asset exchanges with security expertise and client due diligence.

MSX has also signed an agreement with Fifth Force, the operator of the Neufund platform that has support for “any type of security or financial product to be issued as a token on blockchain creating Equity Token Offerings,” says the press release.

Zoe Adamovicz, CEO and Co-founder at Neufund, noted in the press release that the goal of the partnership is to “build the world’s first regulated decentralized global stock exchange,” beginning with a pilot project testing the “market’s reaction.”

Malta has become known as the “blockchain island” and the world’s leader for legislative regulations on blockchain and crypto industry. It is rapidly developing all the sides of the legal aspect of the matter.

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