The Tel Aviv Stock Exchange (TASE) has recently mentioned its plans to create a crypto platform. It also mentioned that it would be reshaping the ownership structure of the crypto or blockchain-based platform.
The idea behind launching the platform is to implement a strategy to create more opportunities for crypto trading in order to level with international standards.
This plan is a part of the digital asset strategy spread across 2023 to 2027. TASE went public in the year 2019.
It stated that it was on its way to forming a new publicly traded holding company that would own 100% of the bourse, which would become a private firm.
The exchange’s subsidiaries will then be units of the new holding company.
TASE stated about the formation of the crypto platform,
TASE will promote the implementation of innovative technologies, including DLT, tokenizing of various classes of digital assets and smart…
