Tokeny Solutions Delivers T-REX Billboard, the Secondary Market Solution for Security Tokens

Luxembourg, April 2021 – Tokeny Solutions has announced a white-label secondary market solution for securities issuers and digital asset marketplaces to improve private market access for investors. The Billboard module of the T-REX Platform allows an issuer’s investors to connect with one another, express trading intentions and ultimately execute peer-to-peer security token transfers on a decentralized infrastructure. Asset issuers can utilise the solution today, and improve the experience for their investors.

The private market industry is one that has grown impressively over the past decade, offering lucrative returns for investors. Yet, due to this industry operating on a plethora of centralized, manual and inefficient networks, there is barely any transferability in the secondary market. Investors are resigned to long lock-up periods and ultimately face costly liquidity problems. Today, this is a barrier to entry for many as liquidity is often needed, especially in times of economic uncertainty.

Billboard leverages decentralized technologies to digitally identify stakeholders and their assets to facilitate transactions. Thanks to onchain identities, the ownership and the eligibility claims of the counterparties are automatically verified. Once verified, the transaction is rapidly executed peer-to-peer by investors. This easy-to-use type of transfer reduces many fees seen in traditional private markets such as those to do with settlement and custody.

Blockchain technology is now recognized as an infrastructure to issue and transfer securities across capital markets. These securities, or security tokens, fall under the same rules and regulations as traditional financial securities in many European countries, including France, Germany, Italy, Luxembourg, the Netherlands, Romania, Spain and the UK. Asset owners utilising Billboard also benefit from the built-in compliance of the T-REX security token standard, which has been used to tokenize over €8.5 billion of assets to date.

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.