Tokeny Expands Chain Support to IOTA EVM

Luxembourg, 4 July 2024 – Tokeny, the leading onchian operating system, continues to broaden its multi-chain compatibility by integrating with IOTA EVM, a pioneering EVM-compatible smart contract chain built on the highly interoperable IOTA network. This integration is poised to empower companies seeking to harness IOTA’s ecosystem for seamless tokenization of real-world assets (RWA) and regulated financial products, offering comprehensive and user-friendly tokenization solutions.

IOTA EVM represents a leap forward in blockchain interoperability, offering a high-velocity, plug-and-play environment for deploying smart contracts on the IOTA network. Leveraging IOTA’s feeless and scalable infrastructure, IOTA EVM opens new avenues for enterprises seeking innovative tokenization solutions.

Tokeny delivers institutional-grade tokenization solutions designed to cover the full lifecycle of securities, offering features tailored for front, middle, and back office operations. By leveraging the ERC-3643 permissioned token standard, Tokeny’s solutions automate compliance validation processes on-chain, ensuring that only qualified investors can transfer tokens. Issuers also maintain full control over tokens, with the ability to freeze or recover them as needed.

About IOTA

Founded in 2015, IOTA is a public goods infrastructure to bring trust in our digital world. Through IOTA, governments, organizations and people are able to interact with each other in a secure, trusted and verifiable way. IOTA is one of the most established Blockchain projects in the world and is primarily driven by a global ecosystem of non-profit organizations.

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 securities 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.