Terazo and Tokeny Join Forces for India’s First Regulated Tokenization Project

6^th November 2023, Luxembourg – Terazo, a groundbreaking private market investment platform in India, has joined forces with Tokeny, the leading tokenization platform, to spearhead the first regulated tokenized real estate asset in India under the regulatory sandbox framework established by the International Financial Services Centres Authority (IFSCA). IFSCA is a dynamic and forward-thinking regulator committed to driving India’s fintech innovation and propelling the nation to the forefront of the global financial services landscape

Terazo’s involvement and authorization to operate within the sandbox strengthens investor confidence and enables the platform to present premium private assets to a broader range of investors. Historically, private investments, particularly in real estate, have been limited to wealthy individuals, excluding the majority from access. With regulatory approval and Tokeny as its technology partner, Terazo seeks to democratize the market through its flagship project, Oryx and beyond.

Oryx, a ~USD 50 million greenfield development, is the first regulated tokenized real estate project in India. Terazo, through its maiden USD 7 million tokenized fund, will allow qualified primary investors the opportunity to invest in Oryx, from $100,000 and allowing secondary investors with as little as $1,000. The ~8,50,000 sq ft Grade A Commercial Property located in the heart of GIFT SEZ, India’s first global financial services hub, and is positioned as the first step to revolutionize the real estate investment landscape in India.

By collaborating with Tokeny, Terazo has utilized its SaaS tokenization platform to seamlessly issue and administer asset backed tokens on the Polygon blockchain. Leveraging Tokeny’s infrastructure and the open-source ERC3643 protocol, Terazo can seamlessly incorporate compliance measures and automate ownership transfers, simplifying asset management for investors.

This partnership also ensures fully traceable and unalterable cap tables on the blockchain, granting investors unmediated ownership and transparency. Furthermore, Terazo can effortlessly carry out real-time procedures, including the distribution and token recovery tool of tokens to investors.

About Terazo 

Terazo is a digital investment platform that provides fractionalized access to alternative assets such as real estate, venture capital and private equity. Terazo leverages blockchain technology to issue, manage and trade asset backed tokens allowing wider participation in private market investments.

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.