BPX gets FCA clearance to operate marketplace for traditional and tokenised securities
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With these institutional grade regulatory permissions in place, BPX is developing a fully integrated marketplace to support the entire lifecycle of a security. This includes issuance, trading and collateralised lending of traditional dematerialised and tokenised securities, alongside settlement and custody of tokenised securities.
BPX is also the only FCA-authorised trading venue to have passed Gate 1 of the Bank of England and FCA's Digital Securities Sandbox (DSS).
BPX now enters its next phase: preparing for live operations and welcoming institutional participants to connect in anticipation of its first transaction.
BPX's mission is to enhance access and liquidity for Issuers and Investors in investment funds and digital assets. Its distributed ledger technology enabled platform enables efficient tokenisation at scale, broadening investment opportunities, unlocking new liquidity sources, and facilitating capital access.
Dr. Robert Barnes, BPX Co-CEO, said: 'Our vision is a marketplace of best practice, modernised for institutions, offering access through a single connection to a broader range of hard-to-access alternative assets, such as infrastructure and real estate investment funds, whether traditional or tokenised—available for issuance, trading, and use as collateral.'
Ali Celiker, BPX Co-CEO, added: 'Our comprehensive regulatory permissions and integrated market infrastructure strongly position us to advance our mission: enhancing access and liquidity for issuers and investors, while leading the transformation of capital markets from legacy systems to tokenised workflows - firmly anchored in regulatory compliance and driven by innovation.'
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