CryptoSX Joins Forces With Okra Finance to Bring Security Tokens to Institutional Participants

CryptoSX is one of the pioneer platforms in the Security Tokens space. We have now secured a partnership with this licensed Digital Exchange platform to bring the unique STO asset class to the Permissioned DeFi world. 

We are excited to announce a landmark partnership with – a fully-licensed digital assets exchange platform that is focused on providing asset tokenization and unique security token listing for established institutions and startups around the world. 

Security tokens have provided a sweet spot for standard TradFi companies to access the liquidity and transactional efficiency that the blockchain technology offers. 

This partnership will see both platforms collaborate to bring Security Tokens as a unique asset class to the Permissioned DeFi world. 

This will ultimately allow CryptoSX’s STO partners access wider reach and patronage, while Okra users get to deploy cross-asset class portfolio construction within the confines of relevant regulatory & compliance protocols.

CryptoSX Joins Forces With Okra Finance

Okra will now be able to leverage CryptoSX asset tokenization technology to bring indexes composed of diverse Security Tokens to life. Institutional participants will now be able to interact with this unique asset class through our Okra DApp. 

In a recent interview, Michael So, Co-Founder of Okra Finance, expressed optimism that this partnership will take Okra’s DeFi infrastructure and DApp offerings to the next level.

By introducing Security Tokens as an asset class to the Okra onchain composable index ecosystem, we will now be able to offer Institutional participants, fund managers & fund advisors on our platform a unique cross-asset class with onchain portfolio and exposure to multiple sectors.” 

“CryptoSX is one of the pioneers of the Security Token space. We are excited to begin a long-term, mutually beneficial collaboration between our two innovative platforms,”  he added.

Similarly, CryptoSX is poised to benefit significantly from this partnership in terms of increased dominance in the Security Tokens industry. Since the Okra platform works with some of the most popular chains, like Ethereum and Avalanche, CryptoSX and its partner STO companies  are set to generate a lot of traction and liquidity for their digital assets.

Philip Tam, CEO of CryptoSX also commented that; 

“With this strategic partnership, we look forward to demonstrating the materiality of our asset tokenization platform by bringing our Security Tokens to the Okra community. We are excited to have our listed digital assets traded across different blockchain networks.” 

“The Okra Finance team has demonstrated unique technological innovation with a lot of consideration for regulatory clarity. And we are thrilled to play a part in Permissioned DeFi .”, he concluded. 

Security Tokens are one the fastest-growing asset classes in the blockchain industry today. Okra Finance and CryptoSX platforms are laser-focused on the ultimate goal of increasing the popularity and efficiency of Security Token offerings globally.

About CryptoSX

CryptoSX is one of the fastest growing digital assets exchanges in the world. An innovative, end-to-end exchange that redefines the perception of Security Token Offerings (STOs) in a fully regulated ecosystem. 

CryptoSX is compliant with all applicable financial and virtual exchange policies and regulations of the Philippine Government under CEZA (Cagayan Economic Zone Authority) and holds a Principal Full License since 2018. 

Join the CryptoSX community:

Website | Twitter | | LinkedIn | Blog | Medium

About Okra Finance

Okra finance is the first permissioned DeFi index creation and execution platform powered by smart contracts. Our mission is to create an on-chain asset management ecosystem for institutional participants to have access to a wide range of DeFi strategies and build customized portfolios. Okra’s unique “permissioned” framework provides the necessary infrastructure for institutions’ long-term participation as the DeFi landscape continues to evolve. 

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Post


(星島日報報道)不少企業會面對融資困難問題,數位資產交易所Cryptosx創辦人譚百賢(見圖)表示,透過證券型代幣發行(STO)將可大幅減低融資成本及難度,有別於通過IPO吸納傳統投資者,STO有助吸引來自世界各地的加密貨幣投資者,突破國際界限。  譚百賢引述普華永道(PWC)數據指,IPO成本約為集資資本的3.5%至7%,如企業集資1億美元,成本最少需要350萬美元,形容IPO融資成本高昂,STO成本則相對較低,約為200萬至500萬元。他透露,目前於Cryptosx進行STO的公司一般暫未有能力進行IPO,但卻亦非初創,認為這些企業相對適合同STO融資。他指出,STO定位在IPO之下,一般企業進行STO後,下一步很大機會再進行IPO上市,形容STO為IPO的「前期訓練」。他又指,二者的分別在於,IPO是在傳統交易所集資,而STO則是於加密貨幣市場中集資,而兩者皆有相應的監管及認可。  除融資成本較低外,譚百賢指,STO有助吸引更多來自加密貨幣市場,以及不同國家的投資者,「一個美國人想要買香港的IPO不是做不到,但會很麻煩,而STO則可以打破這個限制。」  通過STO融資屬較新的做法,譚百賢認為仍處於教育階段,愈來愈多企業希望接觸STO融資。Cryptosx由2019年至今已為7家企業進行STO,預料至今年底就有12個STO完成批核,形容近年STO增長速度迅速。他透露,公司有逾一半收入來自STO,當中包括上市費、交易費等。  亨泰消費品(197)早前以2876萬元股份代價收購Cryptosx 17.5%股權。亨泰首席投資及企業關係總監朱怡捷指,是次收購有助分散傳統貿易業務風險,避免完全依賴本業,又認為一旦傳統貿易市場逆轉將導致經營風險上升。她指公司會先專注區塊鏈技術研究,下一步才謹慎考慮會否投資加密貨幣相關領域。

Cryptosx News
Close Bitnami banner