STOs & CoinBX: The Coming Revolution Worth Hundreds of Trillions of Dollars
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Find out more at aXpire.ioEquities and securities traded on public markets have existed for centuries. The first financial markets appeared in Northern Italy during the Middle Ages with credits and trade rights traded between merchants.Later, during the Age of Discoveries, these kinds of activities thrived in the Netherlands as well, most prominently used in order to fund commercial expeditions in Africa and Asia; the ‘IPO’ of the Dutch East India Company is perhaps the best example of the importance the stock market had on the community which it served.Nowadays, financial markets are an important backbone of the international #economy. As of February 2017, the total capitalization of stocks traded around the world was 69 trillion USD, roughly 100% of the world’s GDP. The total amount of (...)