Malta Digital Exchange (MDX), a multi-asset digital exchange, which focuses on security tokens and virtual financial assets (VFA), announced on Wednesday it has signed an MOU with German P2P finance platform finbc for the listing of their security token FBC. According to MDX, finbc will perform a security token offering (STO) and launch one of the first security tokens with its P2P finance platform in early 2019. Under the agreement, the FBC token will be listed as soon as operations commence at the Malta Digital Exchange.
“This is a win-win cooperation. On the one hand, not only for private investors but also for the public who will be able to invest in FBC tokens. On the other hand, MDX follows down its path to become a leading securities exchange by enriching its portfolio with another innovative blockchain fintech. Tradability of assets is key to investors. This is why we are happy to jointly contribute to the future success of Security Token Offerings by bringing a credible and promising project with a sustainable business model to one of the most innovative digital exchanges.”
Johan Ditz Lemche, CEO of MDX, went on to add:
“MDX is very pleased that finbc has chosen our platform to offer their security token. finbc has an innovative angle in managing operational assets and general enterprise resource planning via their corporate open peer-to-peer platform, which is in line with the current move towards automating company operations. Partnering with MDX provides finbc with a safe regulatory exchange, where transparency and pricing efficiency are at the forefront.”