SharesPost Global Liquidity And Settlement System Sees OKEx Join the Security Token Network
OKEx Now Part Of Worldwide Security Network SharePost
Today in Hong Kong, August 21st: GLASS has taken on OKEx to help speed up their process of becoming a US compliant token exchange housing platform, ideal for trading. GLASS is the Global Liquidity And Settlement System owned by renowned SharePost. Once the platform is operational, OKEx will also be ready for launch in the United States and other global exchanges. OKEx promises to improve pool liquidity with other cryptocurrency markets which use the GLASS system for token trading pairs.
GLASS is quickly becoming a widely used system for cryptocurrency exchanges and their associated communities. There is a need in the cryptocurrency marketplace for liquidity. Hopefully with the help of SharePost’s regulatory positions will help improve the already successfully deep pool of virtual currency liquidity created by OKEx. Along with GLASS, cryptocurrency users will be able to give users an exchange that is above the rest in usability, more cost-efficient and easier to use for security token trading.
The entire operation is already compliant with all regulations and jurisdictions that are needed by exchanges. The purpose of the new proposed system is to bridge the gap between trading platforms and networks across the globe. This includes private brokers and business entities who will participate in any transactions including digital assets like tokens.
By using the system, involved parties will be able to expand their partner base, type of assets they use and easily expand business. New securities are also being developed, along with other types of virtual assets, goods, and services. OKEx is also able to handle transactions for GLASS exchanges in countries that require specific licenses operated by them.
Now that OKEx is joining GLASS, it is considered to be one of the world’s best cryptocurrency exchange housing platforms. More blockchain companies and tokens will start supporting the GLASS network, thereby making the companies vision real. The liquidity produced will help support tokens that are under the radar or having a hard time getting off the ground. The new network is going to be the largest grouping of security tokens in the world to date. They are gladly taking in all the members they can who qualify for the network standards.
As for SharePost, the company specializes in helping improve liquidity for cryptocurrency tokens. There have been more than $4 billion in transactions completed on the network, an astounding number by any record. At the time of this writing, SharePost has more than 200 leading companies who use their services around the world. The platform offers several services to help improve cryptocurrency solutions. Not only that, but they are also responsible for handling successful ICOs as well.
Working with OKEx and GLASS is a smart move on behalf of all involved parties. OKEx is a massive trading exchange with more than 400 listed tokens, considered to be safe reliable and optimal for cryptocurrency trading. GLASS is already making headway as a decentralized network for cryptocurrency exchanges who are looking to improve their settlement abilities. The company will be based within the SharePost network.
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