MERJ Exchange Goes Live With World’s First Tokenized IPO
Summary
The offering is open to investors from across the globe through the exchange’s own portal, as well as through collaborations with U.S. broker-dealer Jumpstart, U.S. custodian Prime Trust and London based blockchain provider Globacap. The move comes a month after MERJ beat global competitors to become the first fully regulated stock exchange to list tokenized securities worldwide, bridging traditional financial markets with distributed ledger technology (DLT). The public offering marks a significant milestone for the emerging digital asset class. MERJ is pioneering a direct-access model that enables investors to access the exchange directly via web or mobile app, as well as institutional customers through more traditional broker and member channels. As an end-to-end Regulated Market MERJ has established and administers rules for the listing, trading, clearing, and settlement of securities.