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03 July 2019
Barbados
Reporter Jenna Lomax

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Tokenise’s Daxnet receives SRO license by BFSC

Tokenise’s digital asset platform, Daxnet, has been granted a self-regulatory organisation (SRO) license by the Barbados Financial Services Commission

Daxnet, powered by Tokenise, will launch a multi-jurisdictional platform with a single, unified global order book.

The new platform enables issuers to tokenise traditional and new asset classes utilising blockchain technology.

Tokenise aims to create a market and trading infrastructure that will provide wider access, unlock liquidity and deliver flexibility to investors keen to buy or sell tokenised assets–generating more investment opportunities and offering access to institutional and qualified investors around the world.

Michael Kessler, CEO of Daxnet said: “We are delighted to have been granted the SRO license. We see this as the first step in providing a capital markets solution for entities looking to raise capital through the primary listing and secondary trading of tokenised securities.”

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