Canton Network News

FCX Granted Historic Australian Market Licence by ASIC and RBA to Create the World’s First Regulated, DLT-Enabled Private Capital Market

Written by Canton | Oct 8, 2024 4:00:00 AM

Sydney, 8 October 2024 – FCX, Australias first platform for facilitating private market secondary transactions and a subsidiary of FinClear, has been awarded the first-of-its-kind Australian Market Licence and Clearing and Settlement Facility Licence by the Australian Securities and Investments Commission (ASIC) and the Reserve Bank of Australia (RBA), in respect of the trading and clearing and settlement of the FCX Market, making it the first fully-regulated platform for facilitating private market secondary transactions.