Athens

Foundation

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/greek-exchange-explores-blockchain-funding-with-sui-partnership">Greek Exchange Explores Blockchain Funding with Sui Partnership</a><br></p>
<p style="text-align: justify"> A significant development has emerged within the cryptocurrency market, as a Greek exchange contemplates integrating a novel blockchain-based funding mechanism. This system, known as the electronic book building (EBB), is set to be established under the collaboration of the Athens Stock Exchange Group (ATHEX) and Mysten Labs, a primary contributor to the Sui blockchain ecosystem. A recent blog post indicated that this venture aims to facilitate early and established businesses in listing their transferable securities, heralding a new era for company financing. </p> 
<h2 id="ebb-a-novel-approach-to-securities-listing">EBB: A Novel Approach to Securities Listing</h2> 
<p style="text-align: justify"> ATHEX plans to leverage the EBB framework to offer digital certificates of securities on the Sui blockchain, thereby opening an innovative channel for corporate funding. The publicly shared vision for this application includes a system marked by transparent supervision, robust <a href="https://en.bitcoinhaber.net/deciphering-the-400-million-ftx-cryptocurrency-heist-the-role-of-sim-swap-attacks">security</a> features, and seamless transferability of digital assets. As a pioneering effort, the EBB will serve as a meta-layer atop ATHEX’s existing order routing infrastructure, marrying traditional <a href="https://en.bitcoinhaber.net/dwf-labs-invests-225000-in-lesser-known-altcoin-konnect-acquiring-6-million-kct-tokens">finance</a> mechanisms with cutting-edge blockchain technology. </p> 
<p style="text-align: justify"> The EBB is designed to enhance liquidity for corporate funding endeavors, aiding enterprises in their capital-raising ventures. While the project is still undergoing evaluation, its implementation depends on ATHEX’s final decision to integrate blockchain solutions for their financial instruments. </p> 
<h2 id="advancing-the-sui-ecosystem">Advancing the Sui Ecosystem</h2> 
<p style="text-align: justify"> The Sui Network, which initiated its Layer-1 blockchain mainnet in May 2023, concentrates on crypto asset management and has recently drawn attention with its innovative features. Notably, Sui has introduced a simplified login process for Web3 applications, supporting common social media credentials for authentication through a new, privacy-focused feature, zkLogin. </p> 
<p style="text-align: justify"> Since its launch, the Sui Network has been lauded for efficiently handling substantial transaction volumes at reduced costs. It has also formed a partnership with the American University of Sharjah to establish a <a href="https://en.bitcoinhaber.net/aleo-tackles-privacy-breach-after-kyc-data-exposure">Blockchain</a> Academy, aiming to boost student knowledge of blockchain technology and its practical uses. Sui Foundation General Manager Greg Siourounis emphasized that this educational initiative is central to promoting blockchain literacy and equipping individuals with the necessary tools to navigate the space.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/greek-exchange-explores-blockchain-funding-with-sui-partnership">Greek Exchange Explores Blockchain Funding with Sui Partnership</a></h5>

Greek Exchange Explores Blockchain Funding with Sui Partnership

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