Amsterdam, Brussels, Dublin, Lisbon, London, Oslo and Paris – 1 July 2019 – Euronext, the leading pan-European exchange in the Eurozone, announced today that it has subscribed the entire €5 million capital increase of tokenization platform Tokeny Solutions, resulting in a 23.5% stake and strong governance representation.
Launched in 2017, Tokeny Solutions provides all private markets securities issuers, from mid-cap companies and asset management companies to advisors like investment banks, with modular and user-friendly end-to-end solutions to issue, manage and transfer tokenized securities on public blockchain. Their unique T-REX protocol integrates compliance obligations into the digital asset smart contract, to create tokens compliant by design.
Tokenization allows institutions to digitize financial assets, such as equities, debt-like instruments, funds and streamline administration to provide clients a digital-first service. The Tokeny Solutions end-to-end platform enables the issuance and the management of tokenized securities throughout their lifecycle.
This investment complements Euronext’s position in the nascent digital asset industry, combining Tokeny Solutions’ token management expertise with LiquidShare’s post-trade solutions.
Selected as 2019 Startup of the Year at KPMG’s FinTech Awards Luxembourg, Tokeny Solutions will allow Euronext to onboard a renowned team in the digital asset industry, and broaden its client base towards private companies and investment firms.
Convinced of the long term impact of tokenization on the financial industry, Euronext is committed to developing solutions that continue to serve its clients and ecosystem going forward.
About Tokeny
Tokeny provides a compliance infrastructure for digital assets. It allows financial actors operating in private markets to compliantly and seamlessly issue, transfer, and manage real-world assets using distributed ledger technology. By applying trust, compliance, and control on a hyper-efficient infrastructure, Tokeny enables market participants to unlock significant advancements in the management and liquidity of financial instruments. The company is backed by strategic investors such as Apex Group and Inveniam.
For inquiries, please contact: press@tokeny.com
About Euronext
Euronext is the leading pan-European exchange in the Eurozone, covering Belgium, France, Ireland, The Netherlands, Portugal and the UK. With 1,300 listed issuers worth €3.5 trillion in market capitalisation as of end March 2019, Euronext is an unmatched blue chip franchise that has 24 issuers in the Morningstar® Eurozone 50 Index℠ and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, Euronext also operates Euronext GrowthTM and Euronext AccessTM, simplifying access to listing for SMEs.
Media
Pauline Bucaille +33 1 70 48 24 41; pbucaille@euronext.com
Analysts & Investors
Aurélie Cohen +33 1 70 48 24 17; ir@euronext.com