Cointime

Download App
iOS & Android

ASX Unlikely to Directly List Cryptocurrency, but Open to Tokenized Real-World Assets like Gold, Says CIO

June 29 (Cointime) - The Australian Securities Exchange (ASX) is unlikely to directly list cryptocurrencies due to challenges in meeting listing rules, but may consider listing tokenized real-world assets such as gold. The ASX is open to the idea of having a tokenized product listed on its exchange. The ASX is the 16th largest stock exchange in the world by market capitalization and accounted for nearly 82% of the total dollar turnover in local equity market products in Q1 2023. ASX's CIO and group executive of technology and data, Dan Chesterman, reiterated that the decision to pause the blockchain-based upgrade of its clearing and settlements system was not a rejection of blockchain technology.

Comments

All Comments

Recommended for you