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The Financial Services Commission (FSC) Mauritius has granted its first-ever Securities Trading Systems License under the Mauritius Securities Act of 2005 to BEX Mauritius Block Exchange (BEX) to operate a security token trading platform
The Financial Services Commission (FSC) Mauritius has granted its first-ever Securities Trading Systems License under the Mauritius Securities Act of 2005 to BEX Mauritius Block Exchange (“BEX”) to operate a security token trading platform.
BEX Mauritius Block Exchange is the world’s first regulated operational security token trading platform. It provides retail users and corporate issuers from around the world with 24/7 direct access to security token trading without intermediaries.
Chairman and Chief Executive Officer Pascal Niedermann states that the Securities Trading Systems License granted to BEX is a game changer for the company as well as for the participants in the global capital markets. It allows unprecedented and unparalleled cross-border access to capital and innovations. Companies in any industry, including technology, finance, and entertainment, will now have new ways to capitalize on their achievements by directly offering their digital shares to anybody interested in buying and selling such digital shares.
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BEX Mauritius Block Exchange provides corporate issuers a fast, cost-effective, and unbureaucratic way to tokenize traditional securities, make them tradable on BEX as digital securities, and offer them to investors in the international capital markets. Once listed on BEX, issuers’ digital securities are traded as block shares directly between sellers and buyers. BEX offers an effective way for any company, including medium-, small-, and micro-cap businesses, to raise capital internationally without the costly involvement of financial intermediaries.
