OKEx and MSX Signed MoU to Launch New Platform for Security Tokens

The new digital asset exchange aims to be a leader for Malta’s blockchain development.

Our global expansion is now in full swing.

We have teamed up with MSX, the digital and fintech arm of Malta Stock Exchange Holdings to co-launch a new exchange to support Malta’s “Blockchain Island” initiative.

Both parties signed a Memorandum of Understanding (MoU) in Valletta, Malta today (July 19, 2018) to formalize the new joint venture, which is expected to establish by Q3 2018.

Named OKMSX, the new exchange will leverage our digital asset operations and security expertise, as well as the Malta Stock Exchange’s 26-year track record of operating as a regulated stock exchange with extensive experience in regulatory compliance and client due diligence.

OKMSX is set to develop into an institutional grade security tokens trading platform. It will launch by Q1 2019 to serve clients globally from Malta.

Also in the pipeline are our move to Malta and participation in the DELTA Summit.

As previously announced, we are currently establishing an office and hiring local staff in Malta. The move is planned to complete by the end of Q3.

As part of the Malta blockchain community, we are also looking forward to being a key sponsor of the DELTA Summit, Malta’s official blockchain and digital innovation event to be held in October this year.

Tim Byun, OKEx’s Chief Risk Officer
Tim Byun, OKEx’s Chief Risk Officer (front left), and Joseph Portelli, Chairman of the Malta Stock Exchange (front right) sign the MoU for the new joint venture, witnessed by Edward Scicluna, Malta’s Finance Minister. (source of image: ONE news)
From left to right: Honourable Silvio Schembri (Junior Minister within the Office of Prime Minister), Tim Byun (Chief Risk Officer of OKEx), Zoe Adamovicz (Co-Founder of Neufund), Edward Scicluna (Malta’s Finance Minister), and Joseph Portelli (Chairman of Malta Stock Exchange)

OKEx Malta & OKMSX are hiring! Please contact us at malta@okex.com.