Nxchange and Lykke have joined forces to create an ecosystem where companies can offer their securities to a broader investor base via blockchain.
According to the partnership terms, Nxchange will contribute through its expertise on regulated trading whereas Lykke’s contribution will be on the side of investment capital and crypto asset trading infrastructure.
Marleen Evertsz, CEO and founder of Nxchange was about the partnership: ”We believe that the time has come for a more modern form of capital market transactions: efficient, real-time, 24/7, transparent, and supported by compliance procedures that assure maximum security. We are delighted to partner with Lykke and to join forces in building the Next Generation Stock Exchange.”
When sharing details about the partnership, Richard Olsen, the founder of Lykke, was also enthusiastic:
“This is a historic day – not only for Lykke and Nxchange as companies – but for our broader shared vision that is targeted at a more equitable and democratic financial world. The increasing acceptance of digital assets and blockchain infrastructure as the technology of the future correctly comes with a greater emphasis on regulation and compliance. This partnership envisages to satisfy all these things while still bringing all the benefits of transformative technology to any individual who wishes to access or exchange anything of value.”
Lykke is a Zurich-based fintech company building a global marketplace based on blockchain technology, where financial instruments can be traded and settled peer-to-peer with second-by-second interest payments. Founded in 2013, the company aims to achieve reliability and accessibility of financial services while also open-sourcing knowledge and competences.
Founded in 2015, Nxchange is a Dutch stock exchange company for direct trading in securities between companies and investors. Nxchange has been issued a licence for a regulated market and an investment firm by the Dutch Ministry of Finance and the Netherlands Authority for the Financial Markets. Nxchange aims to make it possible to place and trade securities on a regulated platform without intervention of a bank or broker.