STO Global-X releases tokenizing solution platform for institutions and exchange operators
As one of the friendly jurisdiction toward crypto in Asia, Singapore stepped up very aggressively, attracting startups to develop in the new market. Coming into 2019, the STO trend is inevitably being the mainstream since ICO falls so hard in the throughout year.
STO Global-X, a Singapore based announced the release of STGX, STO Global Exchange through strategic partnership with BMI Capital Partners International and Coinstreet Partners, giving a compliant offering of security token for licensed institutions and digital asset exchange operators
With its institutional-grade and end-to-end digital asset exchange solution, STGX offers asset tokenization through fully compliant process, aiming as a catalyst and an enabler, for companies willing to try the security token offering, so as to explore new business opportunity. The exchange also provides a 24/7 trading platform with integrated registration, KYC and approval functionalities, so everything is under regulation. Its open-access feature also facilitates the integration with industry specific solutions, like digital asset custody, high frequency trading and international settlements.
Right now the exchange is looking for partnership with licensed institutions, exploring the possibility of business development among different jurisdiction.
Floyd DCosta, CEO of STO Global-X said the platform will change the finance world fundamentally , and paves the future of capital market.“Our integrated technology platform allows for institutions to issue, manage and trade tokenized securities, putting real world assets into fractional ownership on the Blockchain.”