Bitcoin Forum

Estonian digital trading platform DX Exchange will begin offering tokenized stocks on the Ethereum blockchain next week, the company confirmed in a press release Jan. 3.
DX, which will reportedly be the first exchange to offer such trading in a fully regulated environment in the European Union, will use Nasdaq’s Financial Information exchange (FIX) protocol to deliver the product.
According to the company’s press release, cryptocurrency users will be able to purchase tokens that will be backed by stocks in various major companies, including Google, Facebook and Amazon.
The shares will be purchased on users’ behalf by MPS MarketPlace Securities Ltd., with which DX has an exclusive partnership agreement.
“Digital stocks combine the best of both worlds: blockchain technology and traditional stock investments,” the company explained in the press release, continuing:

Readmore: https://cointelegraph.com/news/nasdaq-powered-exchange-to-launch-eu-regulated-tokenized-stock-trading