Another Crypto exchange is to be launched to enable trading of tokenized traditional publicly quoted shares, private unquoted companies, and tokenized assets. The Hg exchange has said that it will be using Blockchain technology and aims to be a member exchange for South East Asia meaning that anyone that wants to trade or list on the exchange will need to deal through one of HG’s licensed financial intermediary. One wonders how many more exchanges will be launched and how long will it be before we start seeing consolidation and exchanges being acquired to gain critical scale?
