DX.Exchange has big news for the crypto community. The cryptocurrency exchange now allows listing security tokens. And launched a security token of its own.
The Estonia-based cryptocurrency exchange is relatively new to the crypto game. Yet its ambitions are growing at a lightning speed. Speaking at the TOKEN2049 conference in Hong-Kong, DX.Exchange co-founder and CEO, Daniel Skowronski made two major announcements. One is that the exchange is giving the green light to security tokens.
“We believe that all assets whether its securities, art or real-estate will be tokenized,” Skowronski said. “This tokenization has many benefits but the strongest is the ability to help create wealth for people all over the world no matter their social economic situation.”
What do you trust in?
The other announcement concerns the launch of its own security token. Judging by its name, in Good We Trust (IGWT), the exchange’s representatives embrace goodness and candidness. The company is issuing 18 million IGWT tokens which will be sold privately.
According to an official press-release, 10% of profits from the whole group company will be regularly distributed to IGWT token holders that will own 100% of the tokens. It will be possible to buy IGWT without any limitation on a minimum investment amount.