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Securities Exchange MERJ Plans ‘World’s First’ Security Token IPO

Published 08/30/2019, 04:10 AM
Updated 08/30/2019, 04:21 AM
Securities Exchange MERJ Plans ‘World’s First’ Security Token IPO

Seychelles-based securities exchange MERJ — which listed the first regulated security token on a national stock market — plans to distribute its equity to Europe via a partnership with blockchain service provider Globacap.

A Globacap press release published on Aug. 29 revealed that MERJ now plans an initial public offering (IPO) to distribute company equity in the form of equity-security tokens.

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