Business · Companies · 2 hrs ago
Bit2Me STX gets approval to operate a tokenized securities exchange
Spain’s CNMV approved Bit2Me STX to operate as a trading and settlement system for tokenized assets.
The company says this makes it the first tokenized securities exchange in Spain and Europe.
The platform can offer shares, bonds and investment funds, with trading around the clock and instant settlement.
Its CEO, Javier Tordable, says STX is aimed at small and medium-sized businesses and private markets, rather than large listed companies.
Eleven projects are interested in joining, including growth companies and investment funds; two already trade on Spain’s BME exchange.
The exchange aims to bring private companies new financing and liquidity, and Bit2Me says its listings cost 90% less than traditional ones.
For now, STX cannot work with companies valued at more than €9 billion, but Tordable expects that restriction to be lifted within a year to 18 months.
Bit2Me STX received approval from Spain’s securities regulator to operate a tokenized securities trading and settlement system.
The approval makes it Spain’s and Europe’s first exchange for tokenized assets, according to Expansión.
The platform can tokenize shares, bonds and investment funds, with primary and secondary markets and round-the-clock trading.
CEO Javier Tordable says STX aims to serve private markets and provide financing to small and medium-sized companies.
The company says 11 projects want to join the exchange, including two firms already listed on BME.
- Who
- Bit2Me STX, led by CEO Javier Tordable.
- What
- It received approval to operate a tokenized securities trading and settlement system.
- When
- It received the approval on October 28, 2026, according to the article published the following day.
- Where
- Spain. The article describes it as the first exchange for tokenized assets in Spain and Europe.
- Why
- To provide a platform for private markets and financing for small and medium-sized companies.
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- Regulator
- Spain’s National Securities Market Commission (CNMV)
- Licence
- Trading and settlement system (SNL)
- Trading hours
- 24 hours a day, seven days a week
- Settlement
- Instant, T+0
- Prospective projects
- 11, including two firms already listed on BME
- Maximum market capitalisation
- €9 billion under the current licence
What people are saying
We want to become the stock exchange for private capital.
STX is the first project in Spain created exclusively to be a native stock exchange for private markets.
We are here to bring institutional financing to technology and growth SMEs.