https://ift.tt/31XLSS1
Source: Tokeny
Tokeny, the Luxembourg-based tokenization platform, announced today a partnership with Inveniam Capital Partners, Inc. (“Inveniam”), a SaaS company delivering trust, transparency and completeness of data to private market assets. The partnership includes a €5m investment by Inveniam, Apex, and K20 Fund.
Inveniam works with private market asset owners and managers to deliver trusted valuation and pricing data using distributed ledger technology. This data underpins private market digital assets and gives these assets integrity upon which market participants can establish price discovery. The benefit to asset owners and managers is a more liquid asset, which can unlock value.
Tokeny offers a comprehensive and institutional-grade white-label solution for digital assets that allows asset owners and managers to efficiently and compliantly issue, transfer, and manage digital assets. All processes, from the client onboarding process including KYC/AML checks to the administration required to manage investor subscriptions, capital tables, distributions, capital calls, etc., are streamlined on the Tokeny platform.
The partnership aims to fully unlock asset liquidity via tokenization, which will be facilitated by providing all technical solutions private asset owners need, covering the entire value chain of tokenized assets underpinned with trusted data regarding asset valuation and pricing. These synergies can return significant value to each company’s clients.
While Tokeny’s solutions provide a compliance infrastructure enabling asset managers to easily bring nearly every kind of real-world asset to blockchain, Inveniam allows their investors to access trusted data and asset valuation. Liquidity will be realized as investors can conduct peer-to-peer transfers using Tokeny’s compliance framework with a fair and transparent price reference provided by Inveniam.
Additional value to the market will accrue as the partnership will ultimately enable Apex Group, Inveniam’s fund administration partner, to deliver end-to-end cutting-edge services to a broad ecosystem of private asset owners.
Financial Services