New Exchange Claims It Can Tokenize Shares of AirBnb, Uber, SpaceX

Crypto projects Zilliqa and MaiCoin have teamed up to create a security token exchange in Singapore that will apply blockchain technology to the trading of traditional asset classes.

Launched today, Hg Exchange aims to act as a “one-stop solution” for token issuers, buyers, sellers and market makers, providing participants access to privately held shares and security tokens.

Hg claims to be the first “member-driven exchange” in southeast Asia seeking to merge the traditional finance industry with the nascent crypto space, meaning any participants in the platform must go through the licensed financial intermediaries attached to the exchange.

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