
MERJ Exchange is a Seychelles-based securities exchange operator established in 2011, originally known as Trop-X. It operates a regulated, end-to-end securities exchange that includes an exchange, clearing house, and securities depository. Since launching its Equities Market in August 2013, MERJ has listed over 50 companies with a domestic market capitalization exceeding 1.2 billion USD. The exchange features a multi-asset, multi-currency platform for trading equities, bonds, and digital assets. MERJ is recognized as the world’s first stock exchange to list tokenized equity, utilizing distributed ledger technology to enhance efficiency and regulatory compliance. Its services include equity listings from various regions, tokenized IPOs, digital asset trading, and clearing and settlement services through its subsidiary, MERJ Clear. The company also supports small and medium enterprises with a dedicated listing platform. MERJ Exchange aims to create a borderless capital market ecosystem, particularly focusing on regions with high mobile penetration.
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