The European Digital Assets Exchange - EDSX - has completed the compliance procedure to provide a secondary market for security tokens for institutional and retail investors and plans to open it in Q3 2022.

EDSX, founded back in 2019 and based in Zug, has gone through a long compliance procedure, almost two years and a half, to be able to provide today one of the first platform in Europe to trade and exchange security tokens.

EDSX has created a demo of secondary market and made it available on its platform. The launch could help the security token issuing and asset tokenisation industry to take off as today there are many providers offering tokenisation services but without the possibility to list the tokens. EDSX is already providing a primary market and will open the secondary in a few months. The decentralized exchange will allow trading in a peer-to-peer way but without the counterparty risk thanks to the blockchain technology.