The Stock Exchange of Malta (MSX) has signed a memorandum of understanding with the bitcoin-exchange OKEx regarding the development and launch of an institutional-oriented platform for trading security-tokens. The platform was named OKMSX, and is expected to begin operations in 2019.
As noted in the OKEx statement, OKMSX will use the exchange’s experience in servicing digital asset trading and its security expertise, as well as the Maltese stock exchange experience in regulated securities trading.
Also today, MSX signed a memorandum of understanding with Fifth Force, the operator of the German crowd-hosting blocking platform Neufund to create an adjustable decentralized stock exchange, which will place and offer investors trades in tokenized securities and crypto-active assets.
It is reported that Neufund also attracted the leading Binance exchange.
Before launching the platform all involved parties will conduct a pilot project during which the most optimal parameters for the new exchange will be determined.