Binance Extends Support to Malta Stock Exchange Accelerator Program
- Apart from Binance, Thomson Reuters has also joined the program as a mentor.
The Malta Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term has announced that Binance, one of the leading crypto exchanges, is backing the exchange’s newly launched startup accelerator program called the MSX FinTech Accelerator Programme.
The program is aimed to support fintech and crypto startups and will mentor the projects to compete with their international rivals. The program will offer the startups services and facilities like in-house accounting services and payroll, as well as office space, state of the art communication, conference rooms, and a training center.
Commenting on the accelerator program, Joseph Portelli, chairman of the Malta Stock Exchange, said: “It is clear that Malta is becoming a Fintech and Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term center of excellence and we want to allow local and foreign companies the ability to bring their ideas to the market faster. This programme offers foreign entrepreneurs easy access to a readymade solution at one of Malta's most prestigious addresses - the Malta Stock Exchange.”
Malta - the blockchain hub
To attract crypto companies from across the world, Malta has proposed regulatory frameworks for this hostile sector. This proved to a huge success, as within days, Binance announced its plans to move the exchange’s base to Malta. Many other blockchain firms followed Binance to the Mediterranean island, which is now home to two of the top five crypto exchanges.
Moreover, Binance is also preparing to launch a new crypto exchange platform from its Maltese base which will facilitate crypto-fiat trading.
“We moved our operations to Malta precisely because it has demonstrated its progressive approach to supporting and developing the crypto and blockchain industry. Malta is creating a safe and legislated environment for the industry to become reputable, attracting companies like ours and many others. The Malta Stock Exchange reflects these values, providing the infrastructure for entrepreneurs and start-ups to flourish in what is otherwise a highly competitive industry,” a Binance spokesperson added.
The Malta Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term has announced that Binance, one of the leading crypto exchanges, is backing the exchange’s newly launched startup accelerator program called the MSX FinTech Accelerator Programme.
The program is aimed to support fintech and crypto startups and will mentor the projects to compete with their international rivals. The program will offer the startups services and facilities like in-house accounting services and payroll, as well as office space, state of the art communication, conference rooms, and a training center.
Commenting on the accelerator program, Joseph Portelli, chairman of the Malta Stock Exchange, said: “It is clear that Malta is becoming a Fintech and Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term center of excellence and we want to allow local and foreign companies the ability to bring their ideas to the market faster. This programme offers foreign entrepreneurs easy access to a readymade solution at one of Malta's most prestigious addresses - the Malta Stock Exchange.”
Malta - the blockchain hub
To attract crypto companies from across the world, Malta has proposed regulatory frameworks for this hostile sector. This proved to a huge success, as within days, Binance announced its plans to move the exchange’s base to Malta. Many other blockchain firms followed Binance to the Mediterranean island, which is now home to two of the top five crypto exchanges.
Moreover, Binance is also preparing to launch a new crypto exchange platform from its Maltese base which will facilitate crypto-fiat trading.
“We moved our operations to Malta precisely because it has demonstrated its progressive approach to supporting and developing the crypto and blockchain industry. Malta is creating a safe and legislated environment for the industry to become reputable, attracting companies like ours and many others. The Malta Stock Exchange reflects these values, providing the infrastructure for entrepreneurs and start-ups to flourish in what is otherwise a highly competitive industry,” a Binance spokesperson added.