About $250 billion in stocks and other securities are traded on stock markets every day. Traditional markets are highly insulated and poorly interconnected, mainly relying on third party brokerages to execute trades on behalf of users. Security Tokenization looks to completely disrupt this system.
Propine is a full end-to-end securities issuance platform with fully compliant custody services to ensure safe token maintenance and delivery. NEM and Propine have formed a collaboration that will provide asset tokenisation on the Symbol platform and open up the securities market.
Symbol is an easy to use blockchain platform that supports the administration and management of tokenized assets. Read more about the emergence of STOs, which resemble tokenized IPOs, and offer tokenized digital securities also known as security tokens.