Bithumb & seriesOne partner to launch US securities token exchange

posted 14 days ago
Aiming to create an SEC and FINRA-compliant US exchange, blockchain-based crowdfunding firm seriesOne and crypto exchange Bithumb have formed a joint venture. The goal is to trade security tokens within a “compliant marketplace” and within the context of “other applicable regulatory approvals.”

Korean Bitcoin exchange Bithumb is partnering with seriesOne, an expert on US regulation, with experience working with the SEC. For seriesOne, the new alliance allows it to build its presence in the Asian region through a Bithumb investment designed to “scale technical development and marketing.” “Together the companies believe they are well positioned to execute on a global token exchange that operates in compliance under US securities laws,” according to the joint statement.
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