BitMax.io (BTMX.com) has announced the listing of STPT, the native token of Standard Tokenization Protocol, a decentralized network for the tokenization of any asset.
Trading for the STPT/BTC and STPT/USDT pairs will enabled on Tuesday, June 25th at 10:00am EDT.
As part of listing collaboration, the BitMax.io team will provide strategic support to the STP team throughout the platform launch. “STP is a necessary project for the overall space” explains Dr. George Cao, Co-Founder & CEO of BitMax.io. “Their focus on unlocking value and building an ecosystem of high-quality assets in this industry made our decision to list them very easy.”
With the listing of STPT, BitMax.io will strengthen its leading trading platform status by continuously adding solid projects, as well as provide more diversified global exposure to the Standard Tokenization Protocol.
About Standard Tokenization Protocol and STPT
Standard Tokenization Protocol’s STP-Standard is an open-source standard that defines how tokenized assets are generated, issued, sent, and received while complying with all necessary regulations. The protocol allows assets of all kinds to be tokenized in a way that makes them fully compliant across jurisdictions and transferable across any ERC20 platform.
Tokens built on top of the STP-Standard will use the protocol’s on-chain Compliance Validator to verify compliance with relevant regulations (i.e. KYC, AML, Accreditation, etc.) as well as any issuer-specific requirements (i.e. ownership concentration, holding periods, voting). The Validator Committee will serve an advisory function to ensure the Compliance Validator is enforcing the most up-to-date legislation at all times.
About BitMax.io (BTMX.com)
BitMax.io is the industry’s next-generation digital asset trading platform that provides a broad range of financial products and services to both retail and institutional clients across the globe. This innovative trading platform was founded by a group of Wall Street quant trading veterans and built upon the core values of blockchain,