STX.Swiss has already started activity as one of the first decentralized exchanges dedicated to the sale of security tokens, the firm announced. The exchange has opened its doors to issuers of security tokens, both for already existing securities, and for startups intending to issue new tokens.
The STX.Swiss network is built over the Ethereum blockchain, one of the traditionally used networks for the creation of tokens and smart contracts. The market operator chose Ethereum for its simplicity over the 0x protocol.
“Swapping tokens on Etheruem isn’t complicated. The ERC20 standard is well designed for it with approve ...