MDX to List Canamex Gold’s Security Tokens GOLDUSA & SILVERUSA

Malta Digital Exchange and Canamex Gold reached an agreement under which MDX will list Canamex’s security tokens on its platform.

Malta Digital Exchange (MDX), which is currently developing a security token exchange, signed a memorandum of understanding (MOU) with Canamex Gold Corp (CSQ), a company focused on the purchase and exploration of mining properties. The announcement was made on Monday, according to a press release seen by Cryptovest. Under the agreement with MDX, Canamex will work towards the listing and trading of its security tokens – GOLDUSA and SILVERUSA – on the MDX exchange platform.

Canamex plans to issue gold and silver-backed security tokens to accredited investors. Security tokens represent a form of digital assets that are backed by real-world assets and provide the holders with ownership rights. The Canadian company, registered in British Columbia and listed on the Canadian Securities Exchange (CSE), is currently working on the Bruner Gold Development Project in the prolific gold jurisdiction of Nye County, Nevada.

Canamex held security token offerings (STOs) for its two security tokens. The private placement to accredited investors of GOLDUSA closed on September 28 of this year, while the private placement of SILVERUSA started on October 3. Both tokens are based on Ethereum and comply with the ERC20 standards.

Canamex CEO David Vincent commented:

 “Only a few, with soul in the game, are sufficient to really move the needle. The capital markets do not evolve by consensus, the majority, academic economists, over-regulation, or tea and scones at Harrods. All one needs is asymmetry, such as today’s inefficient and outdated capital markets, and someone with soul in the game, such as MDX and Canamex; then the needle can be moved to bring about the change.”

Canamex hopes to see its two security tokens listed on MDX, which aims to become the leading security token and virtual financial assets (VFA) trading platform.

MDX’s top executive Rick Klink stated:

“It is a very exciting time in global capital markets with the upcoming licensing of regulated Security Token Exchanges such as MDX. Security tokens are set to democratize capital markets globally, providing far greater transparency, regulation and pricing efficiency to both token issuers and investors. We are very pleased to be partnering with a highly innovative and progressive company such as Canamex in providing a secondary trading marketplace for their security tokens.”

MDX is expanding its team with talents that have worked for top companies. Last week, we reported that the company was joined by Chris Truce, head of fintech at investment bank Saxo Bank.



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