Master STO business opportunitiesSYSTEX Corporation with the US blockchain team
【Published by: Anue | Editor: Lin Yi-Ru | Translator: Statecraft 】
Taiwan’s information service leader SYSTEX Corporation (6214-TW) announced on July 1 that it has signed a letter of intent with Aegis Custody, a US blockchain financial services startup, which will combine the advantages and resources of both parties to jointly assist traditional brokers issue assets through the blockchain and become a Security Token Offering (STO) self-employed, building an STO self-operating ecosystem in Taiwan to activate the domestic financial trading market.
SYSTEX Corporation and Aegis Custody will combine their respective advantages and resources to create a one-stop service platform for companies to digital Token issuance, custody, trading, financing, etc., and help traditional brokers become STO self-employed dealer.
SYSTEX Corporation pointed out that STO issuance is the use of blockchain technology to securitize traditional financial commodity assets such as stocks and bonds in the form of virtual tokens, which can make transactions more open and transparent, lower costs, and the opportunity to attract international funds, Improving global capital liquidity and being able to trade 24 hours a day is a new trend in wealth management in the future. Taiwan is still in its infancy, but there have been successful cases abroad that have actually been applied to real estate and hotel investment and the revenue sharing of the gaming industry.
SYSTEX Corporation said that Aegis Custody plans to have trust licenses in the United States and Hong Kong this year, and is committed to using blockchain technology to develop relevant cryptocurrency e-wallets. It is expected to be promoted and applied in the STO market in the future. Moreover, the wallet issued by the team has professional technology such as the multi-signature design of the digital asset custody transfer process, which helps reduce the cost of securities firms and STO self-employed companies joining the STO market, and further activate the Taiwan financial market.
Aegis Custody CEO Serra Angel Wei said that through smart contract programming in blockchain technology, the tokenization of securities is infinitely split, the threshold for investment amounts is reduced, and the complete asset information is also synchronized. The interest and dividends of securities tokenization The content can also be compiled into smart contracts and automatically executed, which has the advantages that T+0 synchronous completion of liquidation and other traditional securities do not have. Smaller companies and startups can also use STO fundraising to quickly connect funds to improve The popularity of startups.
SYSTEX Corporation provides innovative AI scenario applications for financial enterprise customers through self-developed AI artificial intelligence solutions, combined with solid financial industry knowledge and service experience. After joining hands with Aegis Custody to become Taiwan’s STO technology service provider, looking forward to the future realization of the STO exchange recognized by the competent authority, the activation of the Taiwanese financial trading market, and the joint construction of Taiwan’s blockchain financial base.
■ Source: Anue
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