The Boston Security Token Exchange (BSTX) is still looking to be approved by the United States Securities and Exchange Commission. The second amendment to its Oct. 11 filing, submitted on Feb. 19 and published on March 6, makes it explicitly clear that the security tokens will not have any role in defining ownership.
BSTX is a proposed exchange platform jointly owned by Box Digital Markets and Overstock’s blockchain arm tZero. Its goal is to be the “world’s first regulated exchange to trade security tokens,” according to its website.
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