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DX Exchange partners with distributed cloud platform Perlin

Daniel Skowronski, Co-Founder & CEO at DX.Exchange

Perlin Network and DX Exchange have announced a partnership to allow trading of major stocks in digitized form on the blockchain. This facilitates the entry of retail investors in both traditional securities and cryptocurrency markets.

The tokenization of traditional assets is advantageous as it provides a 24/7 access to the market, greater liquidity to asset owners, lower transaction costs, faster automated settlement, augmented compliance check security, a range of smart contract functionality yet to be fully explored and enable fractional ownership of traditional assets. Investors in rapidly growing developing economies around the world with low existing levels of equity ownership, will now be able to make fractional investments in major securities including Apple, Facebook, Tesla, Microsoft, Amazon, Netflix, and a range of others.

“Perlin is already actively working to create greater economic inclusion by providing a new stream of passive income for users on our distributed cloud platform in struggling communities around the world.” explained Dorjee Sun, CEO of Perlin, “We will further disrupt the status quo by aggressively leveraging our established networks in India, Indonesia and other emerging economies to support greater user adoption for DX Exchange – including by letting Perlin users to directly trade tokenized stocks on their ground-breaking platform.”

DX Exchange’s platform allows investors to own and trade fractional interests in traditional stocks and enables ryptocurrency trading.

“We are incredibly excited to be collaborating with Perlin with its experienced business team, world-leading crew of developers, and disruptive distributed technology.” said Daniel Skowronski, CEO of DX Exchange, “Their mission to empower struggling communities globally lines up perfectly with our own mission to open up both traditional equity and emerging digital asset markets to people everywhere regardless of their socio-economic circumstances. Working together, we will be at the forefront of the growing decentralized movement for greater financial inclusion.”

DX.Exchange is the first complete crypto community that allows institutions and individuals to purchase cryptocurrencies with fiat, trade cryptocurrencies, and convert crypto back to fiat. DX.Exchange is being built on Nasdaq’s matching engine and market surveillance technology.

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