Securitize has announced a new strategic relationship with OTCXN, a live blockchain-powered capital markets infrastructure company for institutional traders to trade digital assets and FX while eliminating the settlement risk inherent in traditional systems.
OTCXN’s technology incorporates key blockchain functionality, providing cryptographically provable ownership of assets on custodial blockchain ledgers and pre-trade risk checks, representing a critical reduction in risk over the traditional centralized systems based on post-trade settlement.
The OTCXN platform can be integrated with Securitize’s compliance platform in issuing digital securities and connecting to their investors. Securitize is a compliance platform and protocol for issuing and managing digital securities on the blockchain, including dividends, distributions, and share buy-backs, and its DS Protocol for digital securities and exchanges has the highest adoption rate in the industry
OTCXN is in discussions with regulated entities that could partner to address potential regulatory requirements that may arise in connection with facilitating the exchange of digital securities.