Australian stock exchange may consider listing tokenized real-world assets

The Australian Securities Exchange (ASX) is unlikely to directly list a cryptocurrency on its exchange but could consider an “appropriately-backed” tokenized real-world asset such as gold.

Speaking to Cointelegraph, Dan Chesterman, the ASX’s CIO and group executive of technology and data said while there are hurdles for it to

Chesterman reiterated however that the decision was not a “rejection” of blockchain technology.

“Our decision to pause was based on our assessment that we were seeing some delays occurring and reoccurring and we didn’t want to go through a process where there was a prolonged and ongoing delay, and that would have an impact on our customers,” he said.