DX.Exchange to Go Live & Launch Tokens Backed by Real Stocks
- The new stocks include the likes of Google, Facebook, Amazon, Intel, and many others.

Estonia-based DX.Exchange revealed on Thursday that it will be going live on January 7, 2019. Furthermore, it also announced that it has partnered with MPS MarketPlace Securities, Ltd, to be the first exchange to offer tokenized stocks of some of the largest publicly traded companies in the world which will be available at the time of launch.
The European Union (EU)-regulated exchange is a NASDAQ-powered cryptocurrency and digital securities exchange. The tokenized stocks available include the likes of Google, Facebook, Amazon, Intel, and many others.
According to the statement, these stocks are the first securities to be tokenized and traded as an ERC-20 (Ethereum Request for Comment) token. These tokens are back by real stocks issued by MPS MarketPlace Securities, Ltd, a liquidity solution provider for the financial market.

Daniel Skowronski, CEO, DX.Exchange
Commenting on the news, Daniel Skowronski, the CEO of DX.Exchange said: "We have been waiting to go live with the most upgraded, inclusive, and modern version of our exchange platform. The industry is very dynamic, and with new and exciting products such as digital stocks making their grand entrance, we’re confident that the hard work to perfect the trading experience was well worth the effort."
Buying Shares in Top Firms with Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the networks which are used to authenticate blockchain technology. Cryptocurrencies can be thought of as systems that accept online payments which are denoted as “tokens.” Tokens are represented as internal ledger entries in blockchain technology while the term crypto is used to depict cryptographic methods and encryption algorithms such as public-private key pairs, various hashing functions, and an elliptical curve. Every cryptocurrency transaction that occurs is logged in a web-based ledger with blockchain technology.These then must be approved by a disparate network of individual nodes (computers that maintain a copy of the ledger). For every new block generated, the block must first be authenticated and confirmed ‘approved’ by each node, which makes forging the transactional history of cryptocurrencies nearly impossible. The World’s First CryptoBitcoin became the first blockchain-based cryptocurrency and to this day is still the most demanded cryptocurrency and the most valued. Bitcoin still contributes the majority of the overall cryptocurrency market volume, though several other cryptos have grown in popularity in recent years.Indeed, out of the wake of Bitcoin, iterations of Bitcoin became prevalent which resulted in a multitude of newly created or cloned cryptocurrencies. Contending cryptocurrencies that emerged after Bitcoin’s success is referred to as ‘altcoins’ and they refer to cryptocurrencies such as Bitcoin, Peercoin, Namecoin, Ethereum, Ripple, Stellar, and Dash. Cryptocurrencies promise a wide range of technological innovations that have yet to be structured into being. Simplified payments between two parties without the need for a middle man is one aspect while leveraging blockchain technology to minimize transaction and processing fees for banks is another. Of course, cryptocurrencies have their disadvantages too. This includes issues of tax evasion, money laundering, and other illicit online activities where anonymity is a dire ingredient in solicitous and fraudulent activities. By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the networks which are used to authenticate blockchain technology. Cryptocurrencies can be thought of as systems that accept online payments which are denoted as “tokens.” Tokens are represented as internal ledger entries in blockchain technology while the term crypto is used to depict cryptographic methods and encryption algorithms such as public-private key pairs, various hashing functions, and an elliptical curve. Every cryptocurrency transaction that occurs is logged in a web-based ledger with blockchain technology.These then must be approved by a disparate network of individual nodes (computers that maintain a copy of the ledger). For every new block generated, the block must first be authenticated and confirmed ‘approved’ by each node, which makes forging the transactional history of cryptocurrencies nearly impossible. The World’s First CryptoBitcoin became the first blockchain-based cryptocurrency and to this day is still the most demanded cryptocurrency and the most valued. Bitcoin still contributes the majority of the overall cryptocurrency market volume, though several other cryptos have grown in popularity in recent years.Indeed, out of the wake of Bitcoin, iterations of Bitcoin became prevalent which resulted in a multitude of newly created or cloned cryptocurrencies. Contending cryptocurrencies that emerged after Bitcoin’s success is referred to as ‘altcoins’ and they refer to cryptocurrencies such as Bitcoin, Peercoin, Namecoin, Ethereum, Ripple, Stellar, and Dash. Cryptocurrencies promise a wide range of technological innovations that have yet to be structured into being. Simplified payments between two parties without the need for a middle man is one aspect while leveraging blockchain technology to minimize transaction and processing fees for banks is another. Of course, cryptocurrencies have their disadvantages too. This includes issues of tax evasion, money laundering, and other illicit online activities where anonymity is a dire ingredient in solicitous and fraudulent activities. Read this Term
The tokens that will be offered to users will be shares from public companies listed on top exchanges such as Nasdaq, the New York Stock Exchange (NYSE), the Hong Kong Exchange, and the Tokyo Stock Exchange.
Digital stocks are a combination of blockchain technology and traditional stock investments, which some might say is getting the best of both worlds. The digital stocks are backed 1:1 by real-world stocks that are traded on conventional stock exchanges such as Nasdaq and the NYSE. Because of this, if you are a token holder, you own actual shares of the company by which the token is backed.

Amedeo Moscato
Source: LinkedIn
"We are creating the first real bridge between crypto and the real stock exchange, and this is the beginning of the traditional market's merge with blockchain technology. The old market has finally been connected to a new, tokenized financial world," added Amedeo Moscato, COO of DX.Exchange.
This is not the first time the DX.Exchange has made headlines, as it is one of the first crypto exchanges to be powered by NASDAQ, as Finance Magnates reported exclusively.
The new venture for the exchange is backed by NFX, a San Francisco-based seed and series A venture firm. The DX.Exchange is built on NASDAQ’s Matching technology.
Through the exchange, both professional and retail investors will be able to purchase cryptocurrencies with Fiat and Trade cryptocurrencies. They can also convert cryptocurrencies back to Fiat currencies.
Estonia-based DX.Exchange revealed on Thursday that it will be going live on January 7, 2019. Furthermore, it also announced that it has partnered with MPS MarketPlace Securities, Ltd, to be the first exchange to offer tokenized stocks of some of the largest publicly traded companies in the world which will be available at the time of launch.
The European Union (EU)-regulated exchange is a NASDAQ-powered cryptocurrency and digital securities exchange. The tokenized stocks available include the likes of Google, Facebook, Amazon, Intel, and many others.
According to the statement, these stocks are the first securities to be tokenized and traded as an ERC-20 (Ethereum Request for Comment) token. These tokens are back by real stocks issued by MPS MarketPlace Securities, Ltd, a liquidity solution provider for the financial market.

Daniel Skowronski, CEO, DX.Exchange
Commenting on the news, Daniel Skowronski, the CEO of DX.Exchange said: "We have been waiting to go live with the most upgraded, inclusive, and modern version of our exchange platform. The industry is very dynamic, and with new and exciting products such as digital stocks making their grand entrance, we’re confident that the hard work to perfect the trading experience was well worth the effort."
Buying Shares in Top Firms with Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the networks which are used to authenticate blockchain technology. Cryptocurrencies can be thought of as systems that accept online payments which are denoted as “tokens.” Tokens are represented as internal ledger entries in blockchain technology while the term crypto is used to depict cryptographic methods and encryption algorithms such as public-private key pairs, various hashing functions, and an elliptical curve. Every cryptocurrency transaction that occurs is logged in a web-based ledger with blockchain technology.These then must be approved by a disparate network of individual nodes (computers that maintain a copy of the ledger). For every new block generated, the block must first be authenticated and confirmed ‘approved’ by each node, which makes forging the transactional history of cryptocurrencies nearly impossible. The World’s First CryptoBitcoin became the first blockchain-based cryptocurrency and to this day is still the most demanded cryptocurrency and the most valued. Bitcoin still contributes the majority of the overall cryptocurrency market volume, though several other cryptos have grown in popularity in recent years.Indeed, out of the wake of Bitcoin, iterations of Bitcoin became prevalent which resulted in a multitude of newly created or cloned cryptocurrencies. Contending cryptocurrencies that emerged after Bitcoin’s success is referred to as ‘altcoins’ and they refer to cryptocurrencies such as Bitcoin, Peercoin, Namecoin, Ethereum, Ripple, Stellar, and Dash. Cryptocurrencies promise a wide range of technological innovations that have yet to be structured into being. Simplified payments between two parties without the need for a middle man is one aspect while leveraging blockchain technology to minimize transaction and processing fees for banks is another. Of course, cryptocurrencies have their disadvantages too. This includes issues of tax evasion, money laundering, and other illicit online activities where anonymity is a dire ingredient in solicitous and fraudulent activities. By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the networks which are used to authenticate blockchain technology. Cryptocurrencies can be thought of as systems that accept online payments which are denoted as “tokens.” Tokens are represented as internal ledger entries in blockchain technology while the term crypto is used to depict cryptographic methods and encryption algorithms such as public-private key pairs, various hashing functions, and an elliptical curve. Every cryptocurrency transaction that occurs is logged in a web-based ledger with blockchain technology.These then must be approved by a disparate network of individual nodes (computers that maintain a copy of the ledger). For every new block generated, the block must first be authenticated and confirmed ‘approved’ by each node, which makes forging the transactional history of cryptocurrencies nearly impossible. The World’s First CryptoBitcoin became the first blockchain-based cryptocurrency and to this day is still the most demanded cryptocurrency and the most valued. Bitcoin still contributes the majority of the overall cryptocurrency market volume, though several other cryptos have grown in popularity in recent years.Indeed, out of the wake of Bitcoin, iterations of Bitcoin became prevalent which resulted in a multitude of newly created or cloned cryptocurrencies. Contending cryptocurrencies that emerged after Bitcoin’s success is referred to as ‘altcoins’ and they refer to cryptocurrencies such as Bitcoin, Peercoin, Namecoin, Ethereum, Ripple, Stellar, and Dash. Cryptocurrencies promise a wide range of technological innovations that have yet to be structured into being. Simplified payments between two parties without the need for a middle man is one aspect while leveraging blockchain technology to minimize transaction and processing fees for banks is another. Of course, cryptocurrencies have their disadvantages too. This includes issues of tax evasion, money laundering, and other illicit online activities where anonymity is a dire ingredient in solicitous and fraudulent activities. Read this Term
The tokens that will be offered to users will be shares from public companies listed on top exchanges such as Nasdaq, the New York Stock Exchange (NYSE), the Hong Kong Exchange, and the Tokyo Stock Exchange.
Digital stocks are a combination of blockchain technology and traditional stock investments, which some might say is getting the best of both worlds. The digital stocks are backed 1:1 by real-world stocks that are traded on conventional stock exchanges such as Nasdaq and the NYSE. Because of this, if you are a token holder, you own actual shares of the company by which the token is backed.

Amedeo Moscato
Source: LinkedIn
"We are creating the first real bridge between crypto and the real stock exchange, and this is the beginning of the traditional market's merge with blockchain technology. The old market has finally been connected to a new, tokenized financial world," added Amedeo Moscato, COO of DX.Exchange.
This is not the first time the DX.Exchange has made headlines, as it is one of the first crypto exchanges to be powered by NASDAQ, as Finance Magnates reported exclusively.
The new venture for the exchange is backed by NFX, a San Francisco-based seed and series A venture firm. The DX.Exchange is built on NASDAQ’s Matching technology.
Through the exchange, both professional and retail investors will be able to purchase cryptocurrencies with Fiat and Trade cryptocurrencies. They can also convert cryptocurrencies back to Fiat currencies.