Boston Security Token Exchange Seeks SEC Rule Change

According to the BOX’s rule change request, the BTSX platform will include full automation via integrated smart contract protocols. Currently, the platform functions as a price time execution system for trading security tokens.

Overstock’s blockchain arm tZERO is one of the major partners behind the exchange. Read the exclusive interview to DigitalAsset.Live by the tZERO CEO here.

The platform will not feature a multitude of security tokens from different providers. Instead, all trades occur in BSTX tokens. This strategy provides users with a couple of important benefits. For one, users see a 20% reduction in listing costs. Additionally, this strategy allows BTSX to concentrated liquidity on a single trading center. Also, hosting and launching new projects is more cost-effective in this way.

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