Fireblocks Integrates with Tokeny to Offer a Turnkey Tokenization Solution

August 2nd 2022, Luxembourg – Fireblocks (fireblocks.com), the award-winning provider of digital asset and crypto custody technology, announced today it has integrated Tokeny to its platform. The integration will enable Fireblocks customers with the ability to mint and manage permissioned tokens such as digital securities, stablecoins and loyalty programs across retail trading apps, neobanks, payment networks, and more. Together with Tokeny, Fireblocks will provide a secure and compliant turnkey solution for companies and financial institutions to issue, manage, custody and transfer tokenized securities.

A recent article from State Street predicts that institutional demand for tokenization has gained traction as “all financial markets will have to digitize their processes and tokenize their assets to remain relevant.”

In 2021, more than $28 billion in assets were tokenized using Tokeny’s solutions. Now, with Tokeny’s industry-leading product suite underscored by Fireblocks’ token transfer, settlement and custody technology, customers will be able to quickly deploy and issue compliant ERC-3643 security tokens on Ethereum and the high-speed, cost efficient Polygon blockchain.

As the market leader in tokenization, Tokeny has been serving institutional investors and consumers globally from its headquarters in Luxembourg since 2017.

About Fireblocks

Fireblocks is an enterprise-grade platform delivering a secure infrastructure for moving, storing, and issuing digital assets. Fireblocks enables exchanges, lending desks, custodians, banks, trading desks, and hedge funds to securely scale digital asset operations through the Fireblocks Network and MPC-based Wallet Infrastructure. Fireblocks serves over 1,300 financial institutions, has secured the transfer of over $3 trillion in digital assets, and has a unique insurance policy that covers assets in storage & transit. For more information, please visit www.fireblocks.com.

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.