The OKEx cryptocurrency exchange and the Maltese stock exchange expect to receive permission from the Malta Financial Services Authority to launch a joint platform for the exchange of digital assets OKMSX before the end of the fourth quarter, CoinGape writes.
According to the publication, the development of OKMSX was carried out throughout the year and is now approaching the final stage. It is expected that a full launch of the trading platform will take place in the first quarter of 2020.
This joint venture marks our confidence in the Maltese government as well as our commitment to providing an efficient, secure, and transparent blockchain trading environment to clients worldwide. We are excited as it is finally happening in 2020.
Head of operations, OKEx
In its activities, OKMSX uses the central depository of the Malta Stock Exchange and the Ethereum blockchain, which will issue security tokens, as well as create hot and cold wallets for storing them.