Estonia + Nasdaq = DX.Exchange

The EU regulated crypto-exchange DX.Exchange is based in Estonia and will offer on its platform tokenized securities with the launch date anticipated to be on the 7th of this month. What that actually means is that cryptocurrency owners will be able to use their digital funds to invest in actual stocks( not CFDs).

Those tokenized stocks will include stocks from major companies like Google’s Alphabet, Facebook and Amazon. They will be 1:1 backed by actual stocks issued my MPS MarketPlace Securities, that has signed an exclusive agreement with DX.Exchange to make the whole business possible.

On top of that the project is backed by NASDAQ’s matching engine, which is already used in over 70 markets and will allow high-frequency traders to use the platform 24/7. It also has the support of NFX which has made an investment in the platform and has provided advisory services to the firm and by Bloomberg which DX is sponsoring when crypto is involved.

With NASDAQ plans to launch bitcoin futures contracts in the near future it seems like there is going to be a large capital movement during crypto in 2019.

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