Some of the world’s largest companies have been tokenized… and can now be traded around the clock.
On January 7, DX.Exchange launched a platform that allows investors to buy digital securities (or security tokens) in some of the biggest companies listed on the Nasdaq.
So far, these names include:
- Amazon (AMZN)
- Facebook (FB)
- Intel (INTC)
- Apple (AAPL)
- NVIDIA (NVDA)
- Netflix (NFLX)
- Tesla (TSLA)
- Microsoft (MSFT)
- Google (GOOGL)
But eventually the firm plans to expand to the New York Stock Exchange (NYSE), as well as Hong Kong and Tokyo.
Each security token represents one share in a company, and token holders will receive the same dividends as traditional shareholders, although the companies themselves are not involved. Instead, shares are purchased and held by DX’s partner, MPS MarketPlace Securities, and then tokenized on the Ethereum network.
As of right now, the Estonia-based exchange is fully licensed by the Estonian Financial Intelligence Unit (EFIU) to operate throughout the European Union (E.U.). But DX plans to bring its services to U.S. investors by the end of 2019..
This is a huge deal…
| |
– |
For one thing, this platform allows investors to buy and sell digital securities 24/7, which will increase liquidity in those names.
And it opens up all kinds of markets to individual investors across the globe. It’s not easy to invest in overseas markets. You have to open new accounts and follow all kinds of foreign guidelines. Digital security platforms like DX will cut out the hassle and allow individuals to invest across many opportunities—from stocks to cryptocurrencies—all on one exchange. And you can do it any time you want.
Security tokens are a much cheaper and more efficient way for businesses to raise capital vs. the traditional Wall Street route—which consists of high fees and huge barriers to entry. It’s only a matter of time before more regulated digital securities exchanges are launched and more assets (stocks, real estate, art, etc.) are tokenized. A handful of token exchanges are expected to launch in 2019.
The biggest names on Wall Street are adapting to digital securities…
Blockchain technology is leveling the investor playing field…
And this is only the beginning.
Frank Curzio with Daniel Creech |
Note: The opportunity in digital securities is the biggest of my lifetime… Hundreds of millions of dollars have already been raised for digital securities in 2018. I expect this number to jump into the billions in 2019. If you’re interested in finding out more about this incredible new market, click here.
Next month I’ll be launching the first security token in the financial publishing industry: the Curzio Equity Owners (CEO) token, for qualified investors. To learn about its unique benefits, click here.
Recommended Link | |
| |
– |