Tokeny, the compliant tokenization platform delivering institutional grade solutions in the issuance, lifecycle management and secondary trading of security tokens, today announced their unique partnership with DLA Piper, a global law firm with lawyers located in more than 40 countries. The Digital Securities Alliance (DSA) marks a significant development in the ecosystem as it finally bridges the gap between the most advanced blockchain set of solutions and global securities regulations that have existed for decades.
Those that choose to work with the Digital Securities Alliance will benefit from an innovative and common offer. Issuers will have the opportunity to work with a framework that has been proven, where costs are controlled and with leading players in the blockchain and legal industries. The joint offer will hand issuers a competitive proposal for the full documentation and compliant workflows for the country of issuance and up to ten countries of distribution, with the full end-to-end technology solutions needed for a Digital Security Offering.
Luc Falempin, Tokeny CEO commented, “For the digital securities ecosystem to develop it’s essential for institutional investors to commit significant capital. By establishing this unique relationship with one of the world’s leading law firms, we are creating the right infrastructure and opening up a tremendous opportunity for institutional involvement. Institutions can finally invest in digital assets knowing the offering has respected the necessary regulations. The Digital Securities Alliance resembles a best of both worlds approach, as it is one thing to know what laws to respect but it’s another actually enforcing those rules on the blockchain.
He continued, “There is a growing awareness amongst traditional financial players that blockchain technology will transform the infrastructure in capital markets. Of course, those that come from a DLT background have believed this for a long time, but we’re now seeing traditional players sharing the same opinion. This partnership is a manifestation of that shared belief.’
DLA Piper’s International Group Head of Finance & Projects and International Co-Head of the Blockchain and Digital Assets practice, Martin Bartlam, said: “Technology is now providing tremendous opportunities for law firms to improve the way we offer professional services to clients. This is increasingly relevant in providing cost efficient cross-border solutions to small and large cap businesses looking to access capital to develop their business offering. Working with a technology provider to structure a compliant legal offering is a great way to open up capital markets and enable businesses to access capital in a low cost and efficient way.”
Contact us and find out more about the Digital Securities Alliance by following this link.
The Luxembourg based fintech company is the market-leader in delivering an institutional grade, secure end-to-end platform, allowing for the issuance and servicing management of digital assets.
Tokeny utilizes the T-REX (Token for Regulated EXchanges) infrastructure to ensure compliance from the issuance of digital securities to their lifecycle management. Tokeny provides technical solutions to onboard investors, manage securities transfers and corporate actions such as dividends, voting, and announcements. Their solutions ensure continuity with regards to KYC and AML compliance checks, ensuring all participants are eligible for the investment.
Tokeny’s solution leverages blockchain technology and couples it with decades of experience from the traditional securities world. Tokeny utilizes this background to make the participation of any contributor in a digital security offering transparent, accessible, and completely secure.
For more information, please visit: Digital Securities Alliance