Real Time Search
CES A80 :
CES 120 :
Total Turn.

GAX (Global Asset Exchange) Announces Tokenized Asset Exchange at Hong Kong Blockchain Week

2019-03-06 13:40:00

Leading blockchain company Skrumble Technologies announces launch of the first regulated security token trading exchange at Hong Kong Blockchain Week


HONG KONG, CHINA - Media OutReach - 6 March 2019 - Global Asset Exchange (GAX) is an institutional-grade trading exchange for buying and selling regulated securities (STOs) globally. Today, at Hong Kong Blockchain Week hosted by Nexchange Group, Skrumble Technologies President & Co-Founder Eric Lifson announced contract to build GAX. GAX will host and securely facilitate the trading of verified tokenized assets, beginning a new era of corporate finance with greatly improved accountability to individual shareholders and less brokers or intermediaries.

Since launch of Bitcoin in 2008, the concept of highly divisible, globally-traded digital assets and its benefits have begun disrupting traditional institutions.

According to expert and Securitize Founder & CEO Carlos Domingo, "It's inevitable that security tokens will transform equity like Bitcoin has transformed currency, because they afford the owner a direct, liquid, economic interest and the expedited delivery of proceeds. Every ownership can be tokenized, which is a massive multi-trillion-dollar addressable market."

Focused on building a global exchange catered to the underserved in the trading of securities, GAX aims to list projects on a global platform that have operations in various regions and give investors (traditional and retail) access to a diversified portfolio of assets.

"Hong Kong ranked first globally for IPOs in 2018 and raised over USD $36 billion, we expect it has a significant role to play in the development of global security tokens or digitized securities market." said Samson (SAM) Lee, Co-founder of BMI-Coinstreet Digital ("BC Digital"), founder and CEO of Coinstreet Partners, "Blockchain fintech is a global play, with a combination of over 20 years of traditional capital market experience and market leadership position in blockchain eco-systems, we are excited to established strategic partnership with GAX. Together, we're ready to offer a one-stop end-to-end solution to help world-wide enterprises to issue their STOs in a compliant way, and passporting to GAX for listing and trading in Mauritius."

GAX will be regulated and fully compliant based out of Mauritius and is launching in 2019. GAX website is live for valid projects and companies to sign-up for the listing process. The public can pre-sign up for the whitelist to be the first to trade on the exchange. For more, visit



Media OutReach

Cushman & Wakefield Research Predicts New Normal for Workplace
Achiko Limited: Achiko extends platform to tackle Indonesia's Covid-19 pandemic problem
COOCAA TV Bounce Back Sale | Up to 50% Off on Lazada Philippines
Singapore's LABMED shipped over 20 million masks to meet global demand
Pegasus Development AG seizes the moment to present its new brand Pegastril - Nuevo
Marvin Lau, chief executive officer of LEGACY, led 300 volunteers for a community service in Hong Kong entitled "Ending the Epidemic Together"
Floristique, Singapore-based Online Florist Defies the Odds & Comes Out on Top this Mother's Day
Ingenico’s new SCA Accelerator Suite speeds up compliance
Pro Bono Consultation for COVID Communications Clinic with Members of the Global Group, Public Relations Network (PRN)
iQIYI Youth With You Season 2 Perfectly Ends, and "THE9" Girls Make Their Debut Formally
va-Q-tec supports pharmaceutical industry in Asia with worldwide logistics of COVID-19 diagnostic kits
Business Insider announces new Singapore newsroom
Forest City Malaysia Gives Priority to Mangrove Conservation
Coocaa S6G TV breaks e-commerce live streaming record on Lazada Vietnam with 1000 in sales
Citi Foundation Donates US$150,000 to Feeding Hong Kong for the Provision of Staple Food Supplies to 5,600 Vulnerable Households
Vetter wins Axia Best Managed Companies Award
Food and beverage (F&B) businesses to speed their digital transformation with digital marketing programme subsidised by Enterprise Singapore
CUHK Business School Research Finds Being Beautiful is Not Always an Advantage When Soliciting Online Charitable Donations
Asia Cloud Computing Association: Covid-19 Economic Resilience and Recovery Capability Reflected in the Cloud Readiness Index 2020
Element AI Announces Collaboration with Veritas Consortium led by Monetary Authority of Singapore (MAS) to Support Development of Framework for Responsible Use of AI in the Financial Industry
Back to Top