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.

Starting today, various security tokens may apply for a listing. The exchange will then evaluate them, focusing on such factors as long term projection, legality, and token distribution. The exchange aims to list various security tokens, including company
shares, company profit splits, funds, bonds, real estate or art, combined with the unique
offering of digital stocks, ETFs and cryptocurrencies. Skowronski emphasized:

“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.”

He added that “At DX, we can help trade the untradeable” echoing its slogan “Trade the un-tradable and bank the un-bankable!”
Moreover, he said the new security token listing service would help parties from traditional markets buy into the new sector. He said: “Our vision is to bridge the gap between the old world and the new digital world.”
Even though DX.Exchange is a peer-to-peer platform, the security trading will include a mediator called MPS Marketplace Securities. It will automatically match buyers with sellers, ensuring seamless trading.
It is noteworthy that this is the first time an exchange provided a trading platform for the listing of security tokens. However, it will only be available to institutional and accredited investors. Ordinary retail investors will not be able to use it.

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.

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