The Canadian Stock Exchange (CSE) intends to launch a platform for clearing and settling within the campaigns for selling blockchain-based tokens.
On its new platform, CSE intends to list the tokens qualifying as securities and offered for sale. This will provide the release of new service of the exchange.
Companies will be able to use the platform for issuing traditional shares and debt securities in the form of tokenized securities, which will be distributed to investors during fully regulated campaigns that are fundamentally different from ICO, that usually remains in the gray zone.
This is a landmark announcement for the Canadian capital markets. The Canadian Securities Exchange expects to be the first recognized exchange in Canada to introduce a fully developed blockchain platform for trading, clearing and settling tokenized securities.
The operator of the exchange has already signed a "protocol of mutual understanding" with the Canadian company Kabuni, which intends to use a new platform for selling its tokenized securities to interested investors.