Ethereum-Based Stock Exchange Plans First Company Listing in June

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SprinkleXchange, a stock exchange built on ethereum, is reportedly listing its first company next month.

Wallin told the news source that the cost of listing would be similar to on a Swedish stock exchange, but "You get global access and we can show that you also get better liquidity."

It expects to list 35 companies over the next 12 months and as many as 1,000 over the next few years.

As well as listed stocks, the firm will offer trading in cryptocurrencies and also plans to add exchange-traded funds in the future.

A number of traditional stock exchanges are currently moving to integrate blockchain tech in their platforms.

Switzerland's top stock exchange, SIX is expected.

To roll out a blockchain platform to speed up trading later this year.

While the Gibraltar Stock Exchange recently started.

The Australian Securities Exchange is notably rebuilding its ageing CHESS settlement platform using blockchain tech provided by Digital Asset.

Have also announced initiatives around blockchain and crypto assets.

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