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The GRX Group’s GRID platform houses its first token value

May 28, 2020

The company Adtech (Advertising Technology), TribeOS introduced its company’s shares as token securities through the GRID platform from the GSX Group.

According to an announcement shared with Cointelegraph on May 27, Actions have already been created using the GSX Group’s proprietary STACS blockchain network. According to the announcement, STACS is expected to make existing capital markets more efficient.

Nick Cowan, CEO of the GSX Group, found that tribunOS is the first company to use the GRID platform to tokenize securities of the company and welcomed other companies that wanted to “accelerate the introduction of blockchain on the capital markets”. He also explained what the company wants to achieve:

“Our goal is to provide dynamic cost-saving solutions, increase the accessibility of capital and help issuers accelerate the rate of commercialization. We work with other companies that want to use GRID to enter the world of fast-moving securities. I would like to thank tribunOS for placing their trust in us and GRID. This is only the first step on the way to mass adoption. “

The GRX Group’s GRID platform houses its first token valueThe GRX Group’s GRID platform houses its first token value

As Cointelegraph reported earlier this month, GSX has just launched its securities tokenization platform, which is designed to facilitate the digitization of both new and existing securities and debt instruments.

Blockchain actions by a blockchain company

TribeOS is a digital advertising platform that uses blockchain technology to record transactions to ensure transparency and fully automate interactions.. The platform offers advertisers and publishers content monetization services, anti-fraud advertising tools, contextual advertising placements, campaign management and optimization.

According to an announcement in March 2019, tribunOS was the first digital security to be approved by Bermuda’s digital asset laws. According to the announcement, Bitmain Technologies, the market leader in Bitcoin hardware (BTC), was among the investors in the offering.The original funding source for the project was the investment company Exponential Ventures. Matt Gallant, CEO of TribeOS, praised the benefits of share tokenization:

“Using GRID to digitally create and share our shared resources enables a fast and cost-effective path to digital space.”

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