Templum and Miami International Holdings Partner to Launch an SEC-Regulated Digital Securities Exchange

Templum has partnered with Miami International Holdings (MIH) to expand into the public sector.

Per the terms of agreement, Templum and MIH will develop a fully regulated exchange to list and trade digital securities. The joint venture will be SEC-registered and will operate as a facility of an exchange owned by MIH.

Templum Markets LLC is a registered broker-dealer with the United States Securities and Exchange Commision (SEC) and the Financial Industry Regulatory Authority (FINRA).


Read the interview with Vincent Molinari, Templum Co-Founder, to our Chief Editor


Templum Markets operates an Alternative Trading System (ATS) for the secondary trading of ‘digital securities’— a term synonymous to ‘security tokens’.

The enterprise has raised more than $12 million throughout two funding rounds.

The exchange is currently awaiting SEC approval.

MIH is the parent holding company of the MIAX Options, MIAX PEARL, and MIAX Emerald options exchanges, which collectively comprise the MIAX Exchange Group.

MIAX Options currently lists and trades options on approximately 2,800 multi-listed classes, with a throughput of around 38 million quotes per second.

MIH CEO Thomas P. Gallagher (on the photo above):

“We are excited to be partnering with Templum to launch an SEC-regulated digital securities exchange. 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.”

Templum CEO Christopher Pallotta also commented on the news:

“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. 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.”

Templum’s Recent Development in the Security Token Space Explained
In December 2018, Templum formally requested clarity from the SEC regarding the clearing and settlement of tokenized securities.

Later, in February 2019, Templum announced a transition from Ethereum to a Symbiont-built private blockchain for Security Token Offerings (STOs). The switch was primarily a result of Ethereum’s scalability issues, where the network can potentially slow down during high volume transactions.

Now, Templum aims to become a frontrunner of the quickly developing security token industry.

Two SEC-regulated security token trading platforms are currently live in the United States— tZERO and OpenFinance Network.

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