The Estonian DX Exchange digital exchange platform will start offering Tokenized titles on the Ethereum blockchain next week, the company confirmed in a press release on 3 January.
DX, which reportedly will be the first exchange to offer this exchange in a fully regulated environment in the European Union, will use the Nasdaq financial information exchange protocol (FIX) to deliver the product.
According to the company's press release, cryptocurrency users will be able to purchase tokens that will be supported by shares of various major companies, including Google, Facebook and Amazon.
The shares will be purchased on behalf of MPS MarketPlace Securities Ltd., with which DX has an exclusive partnership agreement.
"Digital titles combine the best of both worlds: blockchain technology and traditional equity investments", the company explained in the press release, continuing:
"Digital equities are supported 1: 1 for real-world securities traded on conventional exchanges.Buy tokens for the main assets you choose to invest in, such as Google, Amazon, etc. Therefore, when you hold tokens, you own shares of society. "
DX appeared for the first time as a concept in May of last year, with the latest move that made it a regulated trading environment for cryptocurrency, legal tender and digital securities.
The Nasdaq has already dedicated itself to a future involving the cryptocurrency and blockchain technology, with its futures contracts on Bitcoin which is rumored to launch in the first half of 2019.
In December, the company's venture arm was one of the three main supporters of a $ 27.5 million financing round in ErisX for the exchange of cryptocurrencies.
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