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Jamaica Stock Exchange to Launch Live Trading Pilot for Bitcoin and Ethereum

Blockchain

Jamaica Stock Exchange to Launch Live Trading Pilot for Bitcoin and Ethereum

The Jamaica Stock Exchange will soon carry out a limited pilot to trade Bitcoin and Ethereum in conjunction with Canadian fintech firm Blockstation

The Jamaica Stock Exchange (JSE) will soon carry out a limited pilot to trade Bitcoin (BTC) and Ethereum (ETH), according to a press release on Apr. 3.

The JSE has signed a master agreement with Canadianfintech firm Blockstation to continue developing tools for the trading of digital assets and security tokens.

Following a successful live-trading pilot in late January 2019, the JSE and Blockstation will continue building a safe and regulated ecosystem for trading digital assets and cryptocurrencies.

According to the announcement, a limited pilot to trade Bitcoin and Ethereum through the JSE and participating broker-dealers will be launched soon.

The JSE first announced that they chose Blockstation as a partner to introduce trading of digital currencies and tokens on the stock exchange in August 2018.

Yesterday, Cointelegraph reported that Switzerland’s principal stock exchange, SIX listed a Ripple (XRP)-based exchange-traded product.

In late March, decentralized financial contracts platform UMA partnered with Decentralized Autonomous Organization (DAO) MakerDAO in order to release a token linked to the United Statesstock market.

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