Roxom launches the world's first Bitcoin-denominated securities exchange.
Odaily reports that Roxom has announced the launch of the world's first global securities exchange denominated and settled entirely in Bitcoin. The platform allows investors to directly buy and sell shares of listed Bitcoin asset-holding companies using BTC, bypassing fiat currency, banks, and traditional brokers.
According to Borja Martel Seward, co-founder and CEO of Roxom, stocks of companies focused on asset reserves have become an important part of the investment landscape for Bitcoin holders looking to accumulate more BTC. Roxom is the first to bring all these companies together in one place, with all metrics, prices, and signals denominated in Bitcoin.
The exchange's launch will be phased in through a global waiting list. Early users will gain exposure through tokenized shares priced and settled in Bitcoin from day one. Roxom states that this phased launch plan is the first step towards its broader goal of listing all publicly traded Bitcoin asset holders globally, creating a unified market entirely centered around BTC-denominated assets.
