BTC Markets plans to apply for an RWA trading license from Australian regulators.

CoinFeed reported on March 9th that, according to Cointelegraph, Australian cryptocurrency exchange BTC Markets has informed the country's securities regulator of its intention to apply for a market license to offer regulated tokenized real-world assets (RWAs). BTC Markets CEO Lucas Dobbins stated on Monday, "Our plan is to obtain a licensed infrastructure that enables specific types of tokenized assets to be offered and used by the public." He added that his vision is for a world where tokenized stocks, bonds, and real-world assets will be traded alongside cryptocurrencies, with markets operating continuously and settlement completed instantly.