VNX Exchange for Tokenized Venture Capital Assets and NEM Partner
The Worlds Very First Trading Platform and Marketplace, VNX Exchange, Has Partnered with NEM
VNX has gone ahead to select NEM as there blockchain partner; it is to ensure they are able to improve the standards plus protocols that are in place to operate the security tokens.
More on the Partnership
The VNX exchange has been considered to be the very first world’s trading platform that is also a marketplace for the tokenized venture capital assets. They went ahead to announce their partnership with one of the leading blockchain application platforms in the market.
With the partnership in place, both companies will be in a position to develop the needed standards and protocols that will properly operetta the security tokens. All this will be done on the NEM blockchain platform in the entire lifecycle.
The primary aim for VNX is to reduce the current financial barriers in the market; as a result, they should be in a position to unlock the venture capital as an asset class to attract a more global investor base, this will include the token holders of the XEM.
According to the CEO and the founder of VNX Exchange, Alexander Tkachenko, he firmly believes the partnership they have gotten into will be able to introduce various opportunities for the security token ecosystem, making the move very encouraging. He further says that,
“The tokenized assets in the market will be the future of the ever growing capital markets, and this is not all, as the blockchain technology will offer tremendous opportunities on how the finical markets will continue to operate.”
Both companies will be working on developing an effective liquidity program that will be able to incentivize the VC funds that are investing in the startups directly involved with the NEM ecosystem. The VC funds will be able to easily participate in the initial security token offerings that are on the VNX platform; thus, this will be able to achieve the maximum liquidity.
The interim president of NEM, Kristof Van de Reck went ahead to say that he is pleased to see projects like the VNX which have been established to bridge the current gap in the crypto market plus the mainstream financial industry. He says that with the partnership it will give them the ability to learn more about the regulatory compliance that is specific to the company’s technology.
Thus, this will greatly help the company be ahead with the security token offering.
They also hope with the partnership NEM will be able to grow their ecosystem thanks to the VNX platform. The NEM blockchain when established was coded and also designed from the ground up, to ensure they have the best speed and scale in the market.
What You Need to Know About VNX Exchange
The company was founded in 2017 by Alexander Tkachenko; it was established to create a regulatory compliant marketplace to ensure it adequately links the venture capitalist and investors in the market. The company has been considered to be one of the key financial infrastructures that you find in Luxembourg, which is also a member of the LHoFT, Luxembourg House of Financial Technology.
The company is also working very closely with even some of the key European Capital market institutions plus the advisors on the ground to help in the development of an industry-leading platform. A platform that will be able to open up the VC market to the new investors.
What to Know About the NEM Foundation?
The company has been endorsed by the international network, a network that has compiled experience in a vast number of fields; this is from entrepreneurship, IT, trading, business process, asset development, and property. The purpose of the company is to provide a blockchain technology platform that will be able to enhance the enterprise while still run by the people.
This is not all as the team behind this promising company is able to provide the needed support plus education; this is from adequate technical assistance and providing some training events.