Perlin Network and DX Exchange have announced a partnership making it easy for a whole new community of retail investors to enter both the traditional securities and cryptocurrency markets by enabling the trade of major stocks in digitized form on the Blockchain.
DX Exchange is the world's first platform that allows investors to own and trade fractional interests in traditional stocks. Other advantages include tokenized assets such as 24/7 access to markets, greater liquidity to asset , lower transaction costs, faster automated settlement, augmented compliance check security etc.
By significantly lowering the high price barriers to entry for blue chip stocks, this will empower a vast new population to retail investors (including those in the "bottom billion") to actively participate in the global equity markets. Investors in rapidly growing developing economies around the world with low existing levels of equity ownership, will now be able to make fractional investments in major securities including Apple, Facebook, Tesla, Microsoft, Amazon, Netflix, and a range of others.
Although India and Indonesia (which together account for 20% of the world's population) are among the world's leading users for global companies like Apple and Facebook, investors from those countries still represent only a tiny proportion of share ownership in those companies. For context, around 50% of people living in the United States currently own stocks, while in India and Indonesia stock ownership sits at less than 1-2%.
Built on NASDAQ's market leading matching engine technology and surveillance technology, DX Exchange also enables cryptocurrency trading. Combined with tokenized stocks, DX Exchange will therefore facilitate the entry of a huge new population of individuals looking to rise above their economic situations via asset ownership and investment in a range of new and innovative digital asset classes.