2018-7-11 12:43 |
Still, that’s what’s happening now in the U.K. where the London Stock Exchange Group (LSEG) and U.K. financial regulator, the Financial Conduct Authority (FCA), are working with distributed ledger technology startup Nivaura and 20|30, a UK company building a blockchain platform for corporate equity issuance.
These include medical device makers, firms in the pharmaceutical space, agricultural companies, and software providers.
Equity tokens
But while a big step for incumbents, the project is also a boon for the startups involved.
“Equity is driven by legislation and the legislation makes it very hard for the token to be equity itself.”
He concluded:
“The industry is going to become a world of tokenized assets – that’s inevitable.
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