BSTX, a joint venture of tZero and Boston Options Exchange (BOX) Digital Markets, has received approval from the US Securities and Exchange Commission (SEC) to operate a blockchain-based stock exchange.
Thanks to the blockchain-based securities exchange initiative, transactions taking place on the blockchain offer instant or expedited payments targeting BSTX also to customers Market data recorded in blockchain with a process similar to Oracle will provide. All these operations Via a blockchain run by BSTX will happen.
Approval in a document issued by the SEC, BSTX’s relevant uprovided that it complies with the plans of the national market system. stated that it was given. The exchange will serve both individual and institutional investors.
CEO of BSTX Lisa Fall In his statement on the subject;
The SEC took an important step forward today by granting BSTX a national stock exchange approval. We look forward to continuing to work closely with the SEC to launch a new fully regulated exchange initiative and help provide more modern tools to the capital markets for issuers and investors.
made statements.
BSTX also offers stock quotes as well as working to support regulated crypto markets told.