Early last week, we announced the approval of the Nash Exchange security token (NEX) by regulators at the Financial Market Authority (FMA) of Liechtenstein. While this approval has finally allowed us to begin raising money from public investors, it has much broader implications for our company and the cryptocurrency market as a whole. The NEX security token allows us to deliver strong token economics for investors in our exchange. It also sets a precedent for many other projects that are seeking to issue tokenized securities on European markets and lays the groundwork for our future plans to interact legally with governments and regulators.
This is a companion discussion topic for the original entry at https://blog.nash.io/security-tokens/