Tokenize plans to tokenize the world’s first stock exchange in Singapore by the end of 2019. This would tokenize all of the assets of the Singapore Exchange (SGX), including shares, bonds, and derivatives. Tokenizing the SGX would allow investors to trade these assets 24 hours a day, seven days a week.
The tokenization of stock exchanges is the future of investing. Here’s why:
- tokenize stock exchange Increased liquidity: With tokenized stock exchanges (TSE), it will be easier to buy and sell stocks, because the process will be automated. This will increase liquidity and make it easier for investors to get in and out of positions quickly.
- Reduced fees: Tokenize stock exchange will charge lower fees than traditional stock exchanges. This is because there will be no need for middlemen (such as brokers) who currently charge high fees.
- More investment options: TSE will give investors access to a wider range of assets, including private equity and venture capital funds. This will allow investors to diversify their portfolios and get exposure to a wider range of potential investments.
- 24/hour trading: TSE will be open 24 hours a day, seven days a week. This will allow investors to trade whenever they want, without having to wait for the market to open.
- Greater transparency: TSE will provide greater transparency than traditional stock exchanges. This is because all trades will be recorded on the blockchain, which is a public ledger. This will allow investors to see exactly what is happening with their investments at all times.
- Faster settlements: TSE will settle trades much faster than traditional stock exchanges. This is because there will be no need for manual processing of trades. Instead, all settlements will be done automatically on the blockchain.
- Lower costs: TSE will also be able to offer lower trading fees than traditional stock exchanges. This is because there will be no need for middlemen, such as brokers, to take a cut of each trade.
We hope this information has been useful to you.
