STO Global-X (STGX) is a renowned global security token exchange which is also institutionally-focused. It allows institutions to tokenize securities and also enhance the virtual ownership as well as the trading of the regular physical assets; making use of digital tokens, still powered by the famous Blockchain technology.
The platform is detailed; it is an end-to-end platform including a comprehensive platform for Tokenization to arrange the real world assets into several fractional ownerships. This would be done on the Blockchain, while giving investors a digital marketplace for investment; one that is secure, transparent and inclusive—all which are the consequential advantage of employing the Blockchain technology. It is strictly P2P, no middleman is involved and the market is always up and running, as it operates 24/7.
The fact that Polymath’s market-ready technology solutions, STGX, will be put to use is simply amazing! Their protocol and token specification (including ERC1400) will also be used to advantage.
Read the short speech of Kevin North, Polymer’s CEO, “We are excited to showcase Polymath’s technology as an easy-to-deploy, white label solution for STGX’s tokenization platform. We want the community to understand that Polymath’s mission is to facilitate the digitization and management of assets, both directly and indirectly. In this case, we are pleased to power the tokenization solution and be the chosen protocol for great brands like Coinstreet and STO Global-X.”
“We are very pleased to establish strategic partners with Polymath and STO Global-X. With such collaboration, it enables us to offer a one-stop, end-to-end STO issuance, OTC and exchange solution to our STO clients,” said Samson (SAM) Lee, Co-Founder of BMI Coinstreet Digital.
According to Floyd DCosta, Co-Founder and CEO of STGX, “Tokenized representations of traditional as well as emerging asset classes can effectively address some real problems in the current financial ecosystem. These crypto assets fit fairly well within existing regulatory frameworks while providing for improved accessibility, liquidity and transparency throughout an asset’s lifecycle. We are eager to work with partners like Polymath and Coinstreet to build the comprehensive infrastructure needed to support tokenized securities.”