Jamaica Stock Exchange Plans to List Security Tokens

The Jamaica Stock Exchange is planning to list security tokens as tradeable assets for clients.

The JSE's Canadian technology partner Blockstation announced last week that the two firms have completed the first stage of a 60-day live cryptocurrency trading pilot.

"We are looking forward to moving to the next stage of the pilot which would eventually include the listing of security tokens."

The first stage of the pilot saw participation from regulated broker-dealers, market makers and the Jamaica Central Securities Depository.

With Blockstation back in August 2018 to create the new digital assets trading platform.

Forrest told CoinDesk at the time: "The end game at the end of the day is to trade tokens, the end game is smart contracts, the end game is to provide that area of the market that would like this product, to start to do so in a secure manner."

An increasing number of platforms have been moving to offer trading in security tokens in recent weeks.

To build a centralized security token exchange called Hg Exchange in Singapore.

A trading platform for tokenized securities, allowing investors to directly trade and invest in financial instruments using cryptocurrencies.

A trading platform allowing clients to purchase crypto tokens representing shares in different tech firms listed on Nasdaq.