Smartlands In The Process of Obtaining MTF License, Gets One Step Closer To Own Security Token ExchangeAs you know, the first Security Token Offering on the Smartlands Platform is underway, and we couldn’t be happier that it has attracted so much attention from investors, asset owners and the Smartlands community. But, once the security tokens are issued and purchased, the most beneficial part of the process is to make them available for trading on the secondary market. After all, it is liquidity that makes security tokens such an attractive proposition; the fact that your fractional ownership of any asset is now irrefutably represented by a piece of code on the Stellar blockchain makes digital ownership of that asset highly agile, easily transferable and tradable for profit. And, since making money is the primary reason we’ve all become investors, the importance of understanding the mechanism of creating a difference between the amount spent and the amount gained is impossible to overstate.
On the way to create this mechanism for you, our investor, we’ve made quite a few significant strides. Today, Smartlands Platform is a fully regulated platform for issuing security tokens on the Stellar blockchain. This crucial milestone was reached, among other things, through the agreed purchase of a stake in Shojin Financial Services (SFS), which is regulated and authorised by the UK Financial Conduct Authority (FCA) and possesses the crowdfunding licence necessary for the Smartlands Platform to issue security tokens.
Armed with our unbending spirit and the crowdfunding license from the FCA, we are ready to proceed to the next step in shaping up the landscape on the Smartlands Platform. Together with the consortium of partners vested in the development of securities trading on blockchain we are entering the active stage of obtaining the Multilateral Trading Facility (MTF) license.
The MTF license will allow us to create a multilateral trading system for bringing together multiple third-party buying and selling interests in securities as it occurs on all the major regulated stock exchanges around the world.
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https://smartlands.io/news/smartlands-in-the-process-of-obtaining-mtf-license-gets-one-step-closer-to-own-security-token-exchange/