The Canadian stock exchange (CSE) plans to start the clearing and settlement platform on a blockchain for carrying out regulated token sales.
CSE for the first time intends to include a blockchain tokens in listing, falling under the category of securities. Thus, the companies will have an opportunity to release traditional actions and bonds in the shape of tokenized securities, and then to offer them to investors during regulated token sales(Security Token Offerings).
“Our platform is on the crossing of a blockchain and the market of the capitals.The technology of the distributed register is designed to change radically transactions and traditional mechanisms of conducting the account, having provided notable benefits to participants of the market.”
— the head of CSE Richard Carlton notes.
Also according to Carlton, the blockchain is capable to expand possibilities of corporate finance and, in particular, to increase efficiency of such forms of attraction of the capital as a share issue and bonds.
The first company which had taken advantage of the new platform can become the specializing on 3D printing Canadian Kabuni with which the exchange has already signed the memorandum of understanding.