Tokenised securities exchange Currency.com has launched after a beta-testing period, TechCrunch writes. The exchange has also announced it is launching a tokenised government bond, describing it as “the world’s first.” One thousand tokenised securities will be made available to investors, both private and institutional. Although the securities are going to be available globally, the U.S. and FATF-listed countries are excluded.
Trading will be possible using fiat, bitcoin or ethereum. While at the moment only Belarusian government bonds are available, the platform is planning to add other government and corporate bonds.
“The arrival of tokenized securities will completely change how investors can use their cryptocurrencies,” said Currency.com’s CEO Ivan Gowan. “Linking crypto to the price of stocks and shares provides a tangible way for holders of Bitcoin and Ethereum to access traditional financial markets. Our beta launch proved the appetite is there globally for a service like this and Currency.com’s full launch marks a significant shift in the direction of crypto as it becomes more regulated and starts to move closer towards traditional markets.”
The platform is using technology developed by its sister AI-enabled trading platform Capital.com. The startup is regulated by the FCA and CySEC.