Thursday, July 26, 2018

SharesPost, OKCoin team up for global security token network

KUALA LUMPUR, July 26 (Bernama) --SharesPost, a leading provider of private company liquidity solutions and private capital markets research -- and OKCoin will be joining SharesPost´s Global Liquidity And Settlement System (GLASS) as exchange nodes.

OKCoin is a leading digital asset exchange focused exclusively on fiat to cryptocurrency trading pairs based in China.

In conjunction with SharesPost´s existing Alternative Trading System (ATS), GLASS will provide OKCoin with compliant access to the U.S. investor market, a statement said.

With GLASS, both SharesPost and OKCoin can serve expanded user bases and supported assets — particularly private growth equity assets, tokenized assets and other emerging security products.

As the network grows, OKCoin will also be able to offer their own compliant services in supported jurisdictions to other GLASS partners and will be able to soon list security tokens in every major market globally.

"As one of the leading global digital asset exchanges, OKCoin will be an instrumental partner as we build a new, decentralized network that can facilitate the trading, certification and custody of security tokens and tokenized assets in a streamlined, cost-efficient manner, " said founder and chief executive officer of SharesPost, Greg Brogger.

"The adoption of digital assets will continue to accelerate and security tokens are going to play a major role in that growth in the years ahead, " said chief executive officer of OKCoin USA, Tim Byun.

More details on https://sharespost.com/ and https://www.okcoin.cn/

--BERNAMA 

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