Nasdaq stocks coming to MERJ!
We are bringing mainstream investment stocks to our users. Big Nasdaq names such as Microsoft (MSFT), Alphabet (GOOG), Apple (AAPL), Amazon (AMZN) and Tesla (TSLA) will soon be trade-able on MERJ.
We have been building a regulatory framework for MERJ Depository Interests which will be traded and custodied on MERJ using our integrated clearing and depository infrastructure.
The goal is to enable our participants to access interesting investment assets, from wherever they may be in the world. This is another step towards our mission of democratizing access to the global capital markets.
Ed Tuohy, CEO of MERJ Exchange, commented
“We service a global user base that does not have easy or efficient access to these popular stocks. We are making it as easy and cost effective as possible for them to participate in some of the world’s most exciting growth stories”
The exchange’s 20 hour trading session is designed to accommodate users from around the world. Mainstream traditional banking rails are complimented by an integration with Circle enabling participants to fund their accounts from wherever they may be in the world, at the speed of the internet, using the USDC digital stablecoin. Digital asset investors can also fund their trading accounts using Bitcoin, part of MERJ’s mission to build a regulated bridge between the worlds of DeFi and Tradfi.
Unlike “tokenized stonks” MERJ depository interests will entitle holders to the full economic rights of the underlying assets, including any dividend distributions. If appetite emerges for tokenized versions then MERJ systems and technology can facilitate that through a growing affiliation with Liquid Network. The initial focus is on popular Nasdaq names but there is also clear demand for ESG and technology products. The MERJ community is encouraged to send in requests for any other interesting assets they would like access to.
MERJ’s fully licensed status as securities exchange, clearing and settlement system operator and central securities depository, enable us to offer these assets to our clients, via a robust set of infrastructure that is regulated to the high global standards of IOSCO. Client assets and funds are always ringfenced and bankruptcy remote providing complete peace of mind for investors that may have been burned recently on other less regulated platforms.
Watch this space.. the first stock will be Tesla (TSLA)
MERJ Exchange is a multi-market global financial exchange, clearing house and securities depository. Our group is regulated to the highest global standards and operates the entire exchange and post-trade infrastructure from end to end. We are pioneering a shift in the global capital markets by combining the best of blockchain technology with regulated infrastructure.
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