finbc and Malta Digital Exchange Inks Agreement for Security Token Listing

finbc and Malta Digital Exchange Inks Agreement for Security Token Listing

A Memorandum of Understanding (MOU) was signed between P2P financing platform, finbc, and the Malta Digital Exchange (MDX) for the listing of finbc’s security coin (FBC) as early as the exchange opens for business

Partnering with MDX provides finbc with a safe regulatory exchange, where transparency and pricing efficiently are at the forefront

Johan Ditz Lemche, CEO of Malta Digital Exchange

Germany-based finbc will launch the platform’s first security token in early 2019. According to its roadmap, an STO is scheduled for the second quarter of 2019.

Regarding finbc

finbc is a receivables exchange and financing platform designed for small and medium enterprises (SME). With their Hyperledger powered network, its members can accomplish international invoicing through the ERP system. Payments, whether in fiat or cryptocurrency, can be sent and received globally.

Members can also participate as an investor by apportioning liquidity.

The platform is equipped with an AI-enabled liquidity management tool and on-demand factoring.

Regarding Malta Digital Exchange

As a multi-asset digital exchange, MDX focuses on augmenting efficiencies and lowering costs by offering exchange services, listing, settlement and implementation, KYC/AML processes, custody, and security all in one setting.

Its institutional-grade platform is ideal for high volume business-to-business transactions.

Last October MDX also signed an MOU with Canamex Gold Corp. (CSQ) for the listing of its security token.

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