What is a security token?
That led to the increase of stablecoins, which are cryptocurrency tokens backed by something of value. Security tokens are essentially stablecoins. Put differently, a security token represents your ownership of a property.
What are security token exchanges?
If you’re the lucky owner of BTC, ETH, LTC, or any other coin, chances are you’ve made a trade. That trade happened on an exchange, of which there are numerous. Not very many exchanges deal in security tokens. In this post, we’ll take a look at a few of the existing security token exchanges, as well as some approaching ones.
1. BankToTheFuture (BTF)
BTF is a security token financial investment platform open to expert traders only. You require to earn over 200,000 USD each year to sign up with BTF. One of the requirements is to invest a minimum of 1,000 USD when you sign up with.
This platform is owned and managed by none other than the people behind Overstock. They have also partnered with Polymath to guarantee an appropriate legal structure. Lastly, tZero has likewise launched their tZro cryptocurrency token.
Bancor is the business behind the Smart Token tech, which is what makes cryptocurrency exchanges possible. The exchange leads the way forward for security token trading, and also has its cryptocurrency called BNT.
4. Gibraltar Stock Exchange
The Gibraltar Stock Exchange (GSX) is a regular stock market in Gibraltar. However, they will be introducing the Gibraltar Blockchain Exchange (GBX) in 2019, which will enable you to trade security tokens.
The preferred US-based exchange Coinbase will likewise join the security token market in 2019. The company has recently gotten Venovate Marketplace Inc, Keystone Capital Corp, and Digital Wealth LLC to make this take place.
Templum is another US company that has made acquisitions in the security token space. This year will see them making their entrance on the security token scene. They have recently bought Liquid M Capital to assist in the trading.
SharesPost has been handling online private equity secondaries because of 2009. Today, they deal with over 50,000 investors and 200 business. Next year, they’re intending on introducing a security token trading platform, and have made funding rounds to accomplish that objective.
8. Australian Securities Exchange
The Australian Securities Exchange (ASX) has, similar to GSX discussed previously, decided it desires a piece of the security token pie. Their platform will nevertheless not be readily available till 2022.
9. Malta Stock Exchange
Because Malta is created the blockchain island, it’s only natural for the Malta Stock Exchange to participate in the action too. MSX has partnered with Neufund to introduce their security token trading next year.
10. SIX Swiss Exchange
SIX Swiss Exchange is the most prominent stock exchange in Switzerland. They have announced this year that they are working on introducing SIX Digital Exchange (SDX), which will deal in security token trading.
11. London Stock Exchange
The London Stock Exchange will be joining the security token club in 2019. The exchange is collaborating with the Financial Conduct Authority (FCA) in addition to 2 fintech business; 20|30 and Nivaru.