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Shenzhen Stock Exchange Announces Launch Of Blockchain Trading And Crypto Custody Platform
Summary: Shenzhen’s stock exchange announced that they have co-launched a blockchain solution for trading with unlisted private-sector companies as a part of the Beijing Regional Trading Center, according to a recent announcement. The platform will be rolled out in partnership with the Beijing Fourth Board Market, or BFBM — the city’s regional equity market. The goal is that ...
Shenzhen’s stock exchange announced that they have co-launched a blockchain solution for trading with unlisted private-sector companies as a part of the Beijing Regional Trading Center, according to a recent announcement.
The platform will be rolled out in partnership with the Beijing Fourth Board Market, or BFBM — the city’s regional equity market. The goal is that the blockchain platform will reduce the cost of information asymmetry, standardize corporate equity management and better play the function of market equity financing.
The two groups are also expected to offer cryptocurrency custody services.
By Emily Mason
Tags: Beijing Fourth Board Market,Beijing Regional Trading Center
Link: Shenzhen Stock Exchange Announces Launch Of Blockchain Trading And Crypto Custody Platform [Copy]
