Capital markets News

Colombian stock exchange adopts blockchain for crowdfunding platform

colombia stock exchange blockchain

Bolsa de Valores de Colombia (bvc), Colombia’s stock exchange, has a crowdfunding platform a2censo. This enables people to invest small sums of money to help finance growing small to medium sized companies. Now the stock exchange plans to integrate blockchain with a2censo. It will use smart contracts for clearing and settlement, using technology provided by MarketXM.

a2censo is a digitally native system launched in 2019 that operates without using intermediaries to save on costs. 

“This innovation will allow our customers to enjoy a more efficient and friendly experience. We are committed to driving growth of Colombian companies offering investment opportunities through a reliable and secure platform that implements cutting-edge technological solutions, now with the support of MarketXM.io,” said Lina Parra, director of a2censo.

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