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Cyberdine implements technology from Nasdaq for green asset exchange 19 May 2021
Source: Cyberdine Tech Exchange Singapore-based Cyberdyne Tech Exchange (CTX) said today it will launch the world’s first regulated digital exchange to be powered by Nasdaq technologies, for asset-backed tokens. CTX to launch first regulated exchange powered by Nasdaq technologies for asset-backed tokens, focusing on green financing
CTX will allow qualified asset owners, accredited investors, institutions and corporations, to issue and trade in such digital assets by the second half of this year. It will also provide settlement and custody of the tokens.
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SINGAPORE, May 18 2021 /PRNewswire/ Singapore-based Cyberdyne Tech Exchange (CTX) said today it will launch the world s first regulated digital exchange to be powered by Nasdaq technologies, for asset-backed tokens.
The tokens will represent fractional value in real assets including green infrastructure, equity, real estate, art, bitcoin and Ethereum.
CTX will allow qualified asset owners, accredited investors, institutions and corporations, to issue and trade in such digital assets by the second half of this year. It will also provide settlement and custody of the tokens.
The move to launch the exchange comes after the company received Capital Market Services licenses from the Monetary Authority of Singapore this month, approval-in-principle for a Recognised Market Operator license in December 2020, as well an exempt Payment Service Act licence.
A new kid on the block is riding on the growing popularity of digital exchanges for asset-backed tokens - but with a green finance twist.. Read more at straitstimes.com.
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