MERJ Exchange is a securities exchange firm based in Victoria, Mahe, Seychelles that merj exchange is a securities exchange licensed and regulated by the financial services authority of seychelles, and among the first to list tokenized securities on a national exchange. it supports trading of equities, bonds, etfs and tokenized assets, and owns its full value chain including exchange, clearing, settlement, registry and depository. through merj clear it acts as a clearing agency supporting delivery-versus-payment and real-time settlement for digital and non-digital securities. it powers the upstream trading venue in a joint venture with horizon. They serve clients in Seychelles. MERJ Exchange is listed on The Token Playbook's vetted provider registry at thetokenplaybook.com/registry/merj-exchange.