Cryptocurrencies

    Greek exchange expands with SUI network

    Article Image

    The Greek stock exchange, ATHEX, is considering implementing its new fundraising tool, the electronic book building (EBB), on the Sui blockchain ecosystem.

    This collaboration between ATHEX and Mysten Labs aims to offer a platform for early-stage and mature companies to list transferable securities.

    These securities would be minted as digital certificates on the Sui blockchain, ensuring security and transparency.

    EBB would operate as a blockchain-based layer over ATHEX's current trading order routing system, providing liquidity for businesses seeking funding.

    While the project is still in the evaluation phase, the potential deployment of EBB on Sui represents a significant integration of blockchain technology in stock market mechanisms.

    Disclaimer

    Grafa is not a financial advisor. You should seek independent, legal, financial, taxation or other advice that relates to your unique circumstances. Grafa is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on the information provided directly or indirectly by use of this platform.

    Publisher
    Grafa