LCX became a member of the International Token Standardization Association (ITSA) e.V.
LCX is a global fintech company that provides a range of products and services for the token economy in a regulated and compliant manner. Founded in 2018, the firm is headquartered in Vaduz Liechtenstein with additional offices in Switzerland and India. LCX Terminal is an advanced trading platform to trade on all major cryptocurrency exchanges within one single interface. Recently, LCX has announced the LCX STO Launchpad, which is an end to end tokenization platform combining a technology solution with key compliance and legal aspects.
The International Token Standardization Association (ITSA) e.V. is a not for profit association of German law that aims at promoting the development and implementation of comprehensive market standards for the identification, classification and analysis of DLT- and blockchain-based cryptographic tokens.
So far various reputable organizations have already committed to join ITSA as associated founding members, reaching from corporates (e.g. Commerzbank’s Main Incubator, Bank Frick, MME, Börse Stuttgart) over associations (e.g. Bundesverband deutscher Banken, the German Investment Funds Association BVI), startups (e.g. Cashlink, solarisBank, CryptoTax, and Ambrosus) and universities (e.g. Frankfurt School of Finance and Management, University of Mainz, TU Munich, Hasso Plattner Institute or UCL Centre for Blockchain Technologies in London) to private members (one of the co-creators of the ERC20 standard).