Miami International Holdings and Templum Enter into Strategic Partnership to List Digital Securities on a MIAX Exchange
Miami International Holdings, Inc. (MIH), the parent holding company of the MIAX Options®, MIAX PEARL™ and MIAX Emerald™ options exchanges (the MIAX Exchange Group™), and Templum Inc. (Templum), a leading innovating financial technology company and its subsidiary, Templum Markets, provider of a regulated, end-to-end solution for raising capital and secondary trading for private digital securities, today announced a strategic partnership. The collaboration allows Templum to expand into the public sector by entering into an agreement in principle with MIH to develop a fully regulated exchange to list and trade digital securities. The joint venture will be SEC-registered and operated as a facility of an exchange owned by MIH and subject to SEC approval.
“We are excited to be partnering with Templum to launch an SEC-regulated digital securities exchange,” said Thomas P. Gallagher, Chairman and CEO of MIH. “Templum is a highly recognized name in the emerging digital securities sector, and we are confident that together with MIH’s exchange operation success, this partnership will result in a reliable platform that will protect investors and ensure orderly and efficient markets for digital securities.”
“MIH boasts an amazing industry pedigree and the MIAX Exchanges have a proven track record. Templum is honored to be recognized and selected by MIH to jointly build a public exchange for digital securities,” said Christopher Pallotta, Co-Founder and CEO of Templum. “With our expertise in creating the premier marketplace for digital securities and MIH’s expertise in operating exchanges, we believe that this partnership will advance digital securities and bring greater efficiencies to the market.”