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LCX Anonymous Fri Jan 8 14:14:08 2021 No.25705374 [Reply] [Original]

They built the exchange to trade their tokenized assets on. Spot trading was never their endgame. Their endgame is to become an STO launchpad + marketplace. LCX is to become the equivalent to BNB/Binance Launchpad or POLS/Polkastarter, with the exception that you are now participating in STO's (think ICO/IEO) for tokens backed by real world assets and/or securities, all insured and backed by Liechtenstein law.

The World Economic Forum is in bed with them is because they know it is the future. This is proven by the fact that it is an increasingly popular theme in their C4IR plan and Davos agenda. Don Tapscott, who is on the LCX team and is well known to have ties to WEF, has always been about 'digital securitization'. This is a prime use case for blockchain and especially Ethereum and he has been all over them since their rise. He was also part of Jibrel Network, who strived to do the same but ran into legal problems. LCX already passed that wall of legislation with their newly acquired licenses and it is only logical that he joined them.

Their funding, connections and newly acquired licenses will allow them to attract the biggest of boys. This quote from Monty in the recent Coindesk article says it best:

“If one of the banks wants to have [security token] clients worldwide and wants to go through Liechtenstein, they have to work with one of the regulated token generators,” Metzger said. “We are the only token generator in the region."

In an era where banks are not only exploring bitcoin but their own digital assets, LCX is positioning itself to be a retail exchange that can help other institutions launch their own digital assets. Last year, several central banks explored the idea of creating central bank digital currencies (CBDCs), including the U.S., China and South Korea."

Source: https://www.coindesk.com/lcx-exchange-gets-licensed-in-liechtenstein-to-help-banks-create-their-own-digital-assets

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