Created Open-source ERC-3643 Standard for Compliant Tokenization

Recognizing the risk of recreating silos in the era of tokenization, Tokeny took action. In 2018, the company introduced the open-source “T-REX Protocol”, now known as the ERC-3643 standard. It is a suite of smart contracts to represent assets on the blockchain and to ensure onchain compliance and interoperability through onchain identity. It’s the only official ERC standard for compliant tokenization, recognized by industry leaders and thoroughly audited.

Leading the Way with Industry Firsts, KPMG Award, and Euronext Investment

We achieved several industry-firsts and received significant recognition. We launched the world’s first onchain identity solution, facilitating the first real estate transaction via blockchain in Luxembourg and powering the first BaFin licensed STO platform. Our innovation was recognized as we were crowned Luxembourg KPMG FinTech of the Year. Moreover, Euronext, a leading European financial stock exchange, strategically invested in Tokeny.

Recognized as a Blockchain 50, Partnering with Governments and Banks

We announced a Joint Business Relationship with PwC and received a security endorsement from Kaspersky after auditing the T-REX Protocol. The Monaco Principality chose us as its official tokenization platform, and we tokenized the first fund in Luxembourg with WeInvest. We collaborated with top French banks like BNP Paribas CIB, CA CIB, and Caisse des Dépôts to explore digital interbank currency. Our impact was further recognized as we were named in the CB Insights Blockchain 50.

Enabling Multi-Chain Capabilities to Move $28 Billion and Tokenize Commodities and IP Rights

In 2022, we expanded our blockchain capabilities by enabling multi-chain support with Polygon, facilitating the migration of $28 billion tokenized commodities to enable cost-efficient onchain operations and transactions. We also achieved significant milestones by tokenizing commodities and IP rights and having our T-REX protocol recognized as ERC-3643 by the Ethereum community. Additionally, we powered the first tokenization of football players’ image rights and launched the T-REX Billboard, an innovative secondary market solution for tokenized securities.

Became the Engine of Tokenization with Major Integrations and a Global Distribution Network

In 2022, we forged powerful alliances and achieved remarkable milestones. BitMEX partnered with us to launch their BMEX tokens, and Fireblocks integrated our turnkey tokenization solution. We also powered Jewel’s bank-grade stablecoins on Polygon and facilitated the KMSKA Museum’s tokenization of a million-euro masterpiece. Backed by a strategic fundraise from Inveniam, Apex Group, and K20 Fund, we launched DINO, a global distribution network, addressing key challenges in tokenized private asset distribution.

Secured Strategic Investment from Apex Group and Powered ABN AMRO’s First Green Bond on Public Blockchain

In 2023, Tokeny solidified its position as the world’s most secure enterprise-grade tokenization platform, achieving SOC2 Type I compliance and earning top security audits from smart contract editor Hacken. We expanded our capabilities by integrating Avalanche and Klaytn, allowing for rapid support of new EVM chains. We made history by powering ABN AMRO’s green bond tokenization, the first for a Dutch bank on a public blockchain. Additionally, we enabled many new tokenization use cases such as Emprendeduros’ VC fund, Blocktrade’s equity, Defactor Labs’ $100M in bonds, and the 1st Indian-regulated tokenization by Terazo, Artsgain‘s tokenized art fund.

Apex Group, a leading fund administrator with 12,000 employees across 94 offices managing nearly $3 trillion in assets, made an undisclosed investment in Tokeny in 2023.