State Stox NY is a dealer market which Quotes prices a token can be traded at within the secondary market. State Stox NY helps NY based companies engage in Initial Public Offerings in respect to capital raising opportunities. Utilizing Blockchain technology allows for processing and settlement to be fast and secure.
State Stox NY is a centralized OTC dealer market platform. State Stox serves as the counterparty for all trades and is also responsible for moving tokens to the appropriate vaults during settlement.
Tokens are held in custody while trading is active until they are settled and moved to the appropriate vaults.
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article