Hong Kong, June 10, 2023 – JERITEX, a leading cryptocurrency exchange, has announced a strategic partnership with Seas Young Limited, a renowned financial services firm based in Hong Kong. The collaboration aims to establish and issue Security Token Offerings (STOs) in the form of stock tokens and real estate tokens, as well as cooperate in the development of Web3 technology. Additionally, JERITEX plans to extend its presence by opening a new regional representative office in Hong Kong.
The partnership between JERITEX and Seas Young Limited marks a significant milestone for both companies, as they join forces to explore the emerging field of tokenized securities. By leveraging blockchain technology, these STOs will enable investors to participate in the ownership and value appreciation of stocks and real estate assets through digital tokens.
With the growing demand for alternative investment options and the increasing adoption of digital assets, JERITEX recognizes the potential of security tokens in transforming traditional financial markets. Through this collaboration, the exchange aims to offer investors a secure and compliant platform to access and trade tokenized securities, bringing transparency, efficiency, and liquidity to the market.
Seas Young Limited, with its extensive experience in financial services and deep understanding of the Hong Kong market, brings valuable expertise to the partnership. Their involvement will ensure regulatory compliance and adherence to the highest industry standards throughout the STO process, providing investors with a trusted and reliable investment environment.
Furthermore, JERITEX and Seas Young Limited will jointly work on developing Web3 technology. Web3, also known as the decentralized web, is the next generation of the internet that aims to provide users with more control over their data and digital assets. By collaborating on this front, the two companies aim to contribute to the advancement of Web3 infrastructure and promote its adoption across various industries.
To facilitate closer collaboration and better serve the Hong Kong market, JERITEX plans to open a new regional representative office in the city. This move demonstrates the exchange’s commitment to expanding its operations and establishing a strong presence in one of the world’s leading financial hubs.
Commenting on the partnership, Mr. Johnson Qiu, CEO of JERITEX, expressed his excitement about the collaboration, stating, “We are thrilled to join forces with Seas Young Limited to introduce security token offerings and contribute to the development of Web3 technology. This partnership aligns with our vision of democratizing access to investment opportunities and advancing the adoption of blockchain-based solutions.”
Mr. Shi Zheng, CEO of Seas Young Limited, also shared his enthusiasm, saying, “We believe that the collaboration with JERITEX will pave the way for the tokenization of traditional financial assets and promote the growth of the digital asset ecosystem. We are excited to leverage our expertise and work together to deliver innovative and compliant solutions to investors.”
The strategic partnership between JERITEX and Seas Young Limited holds immense potential for the evolution of the cryptocurrency and financial industries. As both companies embark on this exciting journey, they are poised to reshape traditional finance and open new avenues for investors in the digital era.
JERITEX is a leading cryptocurrency exchange offering a wide range of digital assets and trading services. With a focus on security, reliability, and user experience, JERITEX aims to provide a seamless trading environment for both individual and institutional investors.
About Seas Young Limited:
Seas Young Limited is a Hong Kong-based financial services firm that offers a comprehensive range of investment and wealth management solutions. With a team of seasoned professionals and a strong commitment to compliance, Seas Young Limited provides tailored financial services to meet the unique needs of its clients.