The Boston Security Token Exchange or BSTX, a brand new BOX-based exchange in Boston, was granted regulatory approval by the United States Securities and Exchange Commission. It will operate as a crypto-based securities exchange.

BSTX was launched jointly by BOX and Overstock’s blockchain arm tZERO, originally seeking approval for Publicly-tradeable registered security tokens. BSTX has been approved by the SEC to be a national stock exchange. This allows them to utilize blockchain technology to facilitate settlements on traditional markets. AccordingTo the SEC