Tokenized Securities Exchange Currency.com Launches to the Public

Belarus-based tokenized securities exchange Currency.com has announced it is launching to the public today after a spell in beta mode since January.

The platform - which claims to be the world's first such exchange - allows investors to directly trade and invest in tokenized financial instruments, with payment being made directly in bitcoin or ethereum.

Currency.com has also launched an app for both iOS and Android allowing users to access the exchange on the go.

"The arrival of tokenized securities will completely change how investors can use their cryptocurrencies. Linking crypto to the price of stocks and shares provides a tangible way for holders of bitcoin and ethereum to access traditional financial markets."

The exchange says it has 1,000 tokenized securities on offer to investors worldwide.

Its U.K. Financial Conduct Authority and Cyprus Securities and Exchange Commission-regulated sister firm Capital.com provides the underlying technology of the platform.

The exchange explained in the announcement that its tokenized products track the underlying market price of "Common financial instruments, such as global equities, indices and commodities."

According to a piece in TechCrunch, Currency.com has also today launched a tokenized Belarus government bond, with plans to add more government and corporate bonds going forward.

The platform may be the first to launch for trading in tokenized securities with cryptos as payment, but Gibraltar Stock Exchange announced that it would list tokenized stocks in early April.

The Singapore Exchange said last summer that it was also planning a similar platform, while the Swiss SIX exchange has its in development already.