Zilliqa and MaiCoin сrypto-companies have teamed up to create a centralized security-token exchange in Singapore, as reported by the CoinDesk news agency.
January 24, the Zilliqa and MaiCoin companies announced the creation of a common project – the Hg Exchange. According to the project, Hg Exchange is a universal solution for issuers of tokens, buyers and investors, sellers and market makers. According to the report, the new centralized stock-exchange will provide access to private companies' shares, as well as to security-tokens.
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Hg Exchange – opening
The website of the Hg Exchange project claims that the first operations are already available for participants from Southeast Asia. At the same time, bid management is entirely dependent on the participants. That is, the number of tokens and shares will be regulated depending on the demand of buyers.
The main goal of Hg Exchange: "(...) combine the traditional financial industry with a developing crypto-sphere (...) This means that any platform participants must pass through licensed financial intermediaries attached to the exchange".
In addition, the exchange said that it hoped to provide investors with access to both new enterprises and popular technological giants.
"(...) combine the traditional financial industry with a growing crypto-sphere (...) This means that any platform participants must pass through licensed financial intermediaries attached to the exchange"
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The new Hg Exchange announced that it will be able to tokenize Uber, Airbnb, Space X – the official sale of tokens, according to information on the exchanger site, will begin on January 30th. The exchange has already signed a memorandum of sale with its first four members: Phillip Securities, PrimePartners, RHT Capital and Fundnel.
Editor: Yulia Krasnaya