Launch of HYBSE Lesotho New Stock Exchange

Lesotho, South Africa, March 20, 2019 – HYBSE Lesotho (PTY) Ltd. (HYBSE) has launched its exchange today, which allows traders to exchange and trade all financial instruments on a distributed ledger technology (DLT). DLT assists in reducing inefficiencies and improve the speed of doing business by providing a single, shared version of events and implementation of standard business functions. The distributed ledger technology (DLT) and HYBSE technologies consolidate brokers, clearing houses, custodian escrows and settlements into one complete package. HYBSE assumes the role of central equity exchange and functions as a central counter-party, through which financial transactions between different parties

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