Malta Digital Exchange (MDX) signs MOU with Canamex Gold Corp. for gold backed security token listing

Monday October 29 th 2018

VALLETTA, Malta, Oct. 29, 2018 /PRNewswire/ — Malta Digital Exchange has signed an MOU with Canamex Gold Corp.

Canamex is in the process of issuing security tokens, backed by gold and silver, to accredited investors. Under the MOU, Canamex will explore the listing and trading of GOLDUSA and SILVERUSA tokens on the MDX. Malta Digital Exchange will collaborate with Canamex on listing and trading of these security tokens on the MDX platform.

Canamex Gold Corp. (CSQ) is a public listed company registered in British Columbia, Canada, trading on the Canadian Securities Exchange (CSE), and is engaged in fast-tracking toward development of the Bruner Gold Development Project in the prolific gold jurisdiction of Nye County, Nevada.

Security tokens are the next generation of regulated securities, which are being built on blockchain-based infrastructure rather than being restricted to legacy systems. MDX aims to become the world’s premier security token exchange, which will enable greater market efficiency, accessibility, liquidity and transparency within the capital markets.

“Only a few, with soul in the game, are sufficient to really move the needle. The capital markets do not evolve by consensus, the majority, academic economists, over regulation, or tea and scones at Harrods. All one needs is asymmetry, such as today’s inefficient and outdated capital markets, and someone with soul in the game, such as MDX and Canamex; then the needle can be moved to bring about the change,David Vincent, Canamex CEO said.

Malta Digital Exchange (MDX) is a multi-asset digital exchange, which focuses on security tokens and virtual financial assets (VFA). Featuring instant order matching T+0, adjustable and special fees (maker-taker), minimum and partial executions and limited and unlimited orders. Malta, being at the forefront of regulatory framework for blockchain regulation provides the perfect jurisdiction for MDX’s institutional-grade platform, along with proprietary technology provided by Paritech, designed for high volume and high-performance B2B clients.

“It is a very exciting time in global capital markets with the upcoming licensing of regulated Security Token Exchanges such as MDX. Security tokens are set to democratise capital markets globally, providing far greater transparency, regulation and pricing efficiency to both token issuers and investors. We are very pleased to be partnering with a highly innovative and progressive company such as Canamex in providing a secondary trading marketplace for their security tokens,” MDX’s Rick Klink said.   

To find out more about the Malta Digital Exchange, visit: https://www.maltadx.com/

SOURCE Malta Digital Exchange