Australian National Stock Exchange to partner with ISX to launch a blockchain-based digital securities trading platform

According to CoinDesk, the National Stock Exchange of Australia and financial institution iSignthis (ISX) announced today that they will form a joint venture to launch ClearPay, a digital securities trading platform. ClearPay will provide a platform based on distributed ledger technology (DLT) and provide same-day delivery and payment (DVP) settlement. The two companies said they intend to make ClearPay compete with the Australian Stock Exchange (ASX). It is reported that ASX will start testing its new platform launched in cooperation with blockchain company Digital Asset in July.