Malta Digital Exchange (MDX) has signed an Memorandum of Understanding (MOU) with P2P finance platform finbc for the listing of their security token FBC.
finbc, a Germany-based corporation, will perform a security token offering (STO) and launch one of the first security tokens with their P2P finance platform in early 2019. Under the agreement with MDX, 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,” said Stefan Grimm, finbc CEO. “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.”