As unfettered initial coin offerings (ICO) seize the attention — and pocketbooks — of some investors, a B.C. tech firm is attempting to break new ground by working with regulators.

The Canadian Securities Exchange plans to create North America’s first clearing house based on blockchain technology, allowing companies to issue digital tokens with the blessing of regulators.

The Canadian Securities Exchange (CSE) announced yesterday, Feb.13, that they will soon launch a securities clearing and settlement platform based on the Ethereum (ETH) Blockchain that lets companies raise capital with security tokens.

Vancouver-based Kabuni announced Tuesday (February 13) it’s signed a memorandum of understanding with the Canadian Securities Exchange (CSE) to issue what it describes as the world’s first security token offering (STO)

Canada’s upstart exchange is applying to use the technology to provide real-time clearing and settlement of securities