Tokenise Stock Exchange, a global fully-regulated digital securities exchange, has launched a regulated digital exchange with GMEX Technologies, a wholly owned subsidiary of GMEX Group providing multi-asset digital and conventional exchange and post-trade business and technology solutions.
The new digital exchange platform is set to support securities issuance, trading, surveillance, clearing, settlement and custody.
The end-to-end solution for issuers and investors ensures regulatory robustness and adherence to exacting exchange-trading standards, according to GMEX.
Tokenise and GMEX entered into a partnership in September 2019. While operating out of London and the Caribbean, Tokenise is licensed in Barbados.
The exchange aims to lead the way for the next generation of capital markets and to establish a new benchmark for digital assets by utilising blockchain technology.
Tokenise facilitates liquidity in a traditionally illiquid market, by removing acknowledged inefficiencies and barriers to participation to democratise the process of matching providers and consumers of risk capital.
Mike Kessler, Tokenise group CEO and founder, said: “Tokenise have created our solution in response to the absence of regulated options for the buying and selling of digital securities globally.”
Kessler continued: “As a regulated securities market we have integrated the best of technology, including cryptography, with a complete trading ecosystem to simplify access to new asset classes, for both issuers and investors. This, in turn, will increase the flow of funds and investment opportunities for market participants.”
Hirander Misra, CEO of GMEX Group, commented “Combining a regulated exchange with our award-winning technology and business expertise, has achieved a market-leading milestone in going live with the next generation of stock exchange to facilitate mainstream investor access to digital assets.”
He added: “I am very excited to join the Tokenise board representing GMEX alongside Martin Graham, who was formerly Director of Markets at the London Stock Exchange when I co-founded Chi-X Europe.”
