Luxembourg-based VNX Exchange, a trading platform focused on tokenized venture capital assets, announced on Monday that it would work with blockchain platform creator NEM, which is also the entity behind XEM coin. According to the agreement, VNX and NEM will generate protocols and standards for security tokens on the NEM blockchain. The protocols will be valid through the entire life cycle of security tokens.

VNX wants to help regular investors avoid financial barriers. It also intends to make venture capital as an asset class appropriate for a much larger group of investors, which would also incorporate those who previously couldn’t invest in VC.

On the other side, NEM is an established blockchain platform that was coded from scratch with scaling…

This article appeared first on Cryptovest

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