News and Announcements
METEX Metals Exchange ‘a completely new and innovative Metals Trading Exchange using Blockchain technology’
- Published November 08, 2018 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
METEX Metals Exchange is the first metals token exchange initiative which uses blockchain technology to allow transactions in metals to be processed in a matter of seconds.
Andrew Kuzemko, Co-Founder and CEO of METEX Metals Exchange Australia says: “We are the first Australian Metals Exchange using Blockchain technology which means that you can change your ownership of that metal within seconds.”
Investors in Metal Asset Backed Tokens are able to store digital assets in their electronic wallets held on the exchange and trade them on the METEX Metals Exchange.
Members will become participants and shareholders in building the whole METEX ecosystem earning from the exchange, storage solutions, Fintech solutions and the marketing program that METEX offers.
The METEX Metals Exchange is due to be launched this November.
About METEX Corp Pty Ltd
METEX is launching a global first Metals Token Exchange with storage in Australia. METEX aims to make trading metals easy for the masses. METEX is launching a world first co-operative model for its token economy.
METEX is one of the first businesses being launched worldwide that is looking to fully support retail markets, financial institutions, fund managers and wealth managers with the opportunity to get involved in the new emerging markets of crypto currency and tokenised metals backed digital assets with full confidence of knowing that all compliances can be met and that they are involved in trading an exciting new class of assets that has a real value attached to such.
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