The subsidiary company of the Malta Stock Exchange, MSX Plc, signed a memorandum of understanding with Binance—the world’s largest cryptocurrency exchange by trading volume—at the Malta Stock Exchange premises in Valletta.
The Chairman of the Malta Stock Exchange, Joseph Portelli, and the CFO of Binance, Wei Zhou, were the signatories of this MoU.
Minister for Finance Edward Scicluna congratulated both parties and said that the signing is an example of the Malta Stock Exchange’s intention to continue to play an active role in helping the Maltese economy to experience further growth, while expanding its operations by partnering with global companies.
Binance CFO Wei Zhou said the company was excited to help build the blockchain ecosystem in Malta.
"This partnership will allow Binance and MSE to host traditional financial assets on blockchain technology through security tokens. We look forward to bringing more innovations to Malta and further establishing our presence here.”