Enjin Coin is the first utility token to be listed on the platform.
According to a press release on SCX’s website, the Swiss exchange is led by a “veteran team” of financial industry experts with “executive tenure” at Goldman Sachs.
SCX recently announced a partnership with a FINMA-regulated Swiss bank with a client base of more than 140,000. The exchange claims that all these clients now have access to Enjin Coin through the SCX platform.
FINMA is the Swiss Financial Market Supervisory Authority and is the government body responsible for financial regulation in Switzerland.
Enjin CEO Maxim Blagov said: “It’s very exciting to see respected institutions like SCX moving to deliver more transparency and security to people who may have been previously wary of the cryptocurrency market.”
“By highlighting trusted cryptocurrencies with tangible adoption prospects, SCX is boosting confidence in the blockchain movement and ensuring projects like Enjin can continue to deliver innovation after innovation for many years to come.”
Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.