The Canadian Stock Exchange (CSE) intends to launch a block-based platform designed for non-cash settlements when selling crypto currency. Tokens on the stock exchange's list of the platform will be classified as securities.
The services for placing Token Offerings will be a new and promising direction for the work of CSE, which has existed since 2003. The client companies will be able to issue the usual securities in the form of tokenized shares, which will subsequently be offered to investors.
"Such a platform will unite the markets of crypto-currencies and capitals, and in the future, as technology developers promise, it will transform conventional transactions and accounting systems, thus providing real benefits to market participants," said CSE head Richard Carleton.
To take advantage of the innovative advantages of the new platform, the Canadian company Kabuni, which signed documents on cooperation with CSE, will be the first to be able.
It should be noted that in early February, Canada's financial regulator approved the launch of the first exchange-traded fund (ETF) based on the index of blocking companies.
