Security token platform Tokeny has announced a partnership with Assetera, a regulated digital asset exchange.
Tokeny is the leading digital securities platform in Europe that provides the ecosystem for issuers to leverage blockchain technology.
Assetera is licensed and supervised by the Austrian FMA to provide digital securities and other digital asset trading in the European Union.
The collaboration with Assetera means the exchange will become compatible with DINO a global distribution network for tokenized assets, providing European investors with access to digital assets and greater liquidity. Tokeny clients will now be able to issue and manage digital assets and immediately migrate to a regulated trading venue.
“We’ve been closely following the market, and it is clear that ERC3643 is becoming a proven token standard for digital securities,” said Thomas Labenbacher, CEO of Assetera, referencing the protocol that underpins DINO. “We see the huge opportunities in interoperability the ERC3643 standard brings, allowing the creation of a global distribution network and innovative DeFi use cases such as collateralization.”
Labenbacher added that they want to make certain their customers can use a compliant framework for tokenization along with access to primary issuance and secondary trading plus custody.
“Partnering with Tokeny will enable us to list more interesting digital securities, and connect our liquidity pools with others from the DINO distribution network.”
Luc Falempin acknowledged that adoption of digital securites has been slow in Europe due to limited trading venues:
“Our partner Assetera is tackling this issue with a unique model for trading securities, leveraging blockchain networks for onchain settlement in a peer-to-peer manner. Together with builders like Assetera, we are making private markets more liquid, interoperable, and efficient.”
Last month, Tokeny announced a partnership with Ownera to leverage its inter-trading network to boost security token liquidity globally.
Assetera’s vision is to build the future of capital markets by leveraging blockchain in a compliant platform.