By lcx.com on January 26, 2023
Liechtenstein-based LCX has gained regulatory approval as a Physical Validator under the Liechtenstein Blockchain Act. The role of Physical Validator is to maintain the integrity and security of tokenized assets on the blockchain by verifying the authenticity of underlying assets and the physical safe-keeping of those assets. LCX is the first company in Liechtenstein and the first company globally to attain the registration. LCX will use its Physical Validator status to expand the Tiamonds platform in 2023, which allows investors to buy and trade diamond assets using blockchain technology.
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