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Gibraltar Stock Exchange Subsidiary Partners With Tokenization Platform

Published 04/05/2019, 07:17 PM
Updated 04/05/2019, 07:23 PM
Gibraltar Stock Exchange Subsidiary Partners With Tokenization Platform

Hashstac, a subsidiary of the Gibraltar Stock Exchange Group (GSX Group), has partnered with Singapore-based technology company STO Global-X to facilitate the issuance of tokens. The development was announced by the Gibraltar Blockchain Exchange (GBX) on April 5.

GSX Group’s subsidiary Hashtacs Inc. and STO Global-X will jointly launch an integrated Tokenized Securities Exchange product that will purportedly allow stock exchanges and other qualified financial institutions to tokenize assets and boost trading, clearing and settling of digital securities.

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