European tokenization platform Tokeny has announced that it has partnered with Dfns to offer an “all in one tokenization platform.”
Dfns is a cybersecurity firm enabling crypto wallet infrastructure, offering a wallet as a service product. Dfns offers an API-first key management solution (KMS) to provide application developers with plug-and-play access to blockchains. Tokeny says the Dfns solution will bring financial institutions a turnkey platform minus blockchain complexity.
The new partnership will provide financial institutions the ability to pursue tokenized securities or digital securities in an ERC3642 environment.
Tokeny notes that use cases have developed for audited permissioned tokens may be structured to only accept eligible investors and issuers may always be in control. Compliance can be integrated directly into the asset.
Luc Falempin, CEO of Tokeny, describes the partnership as a “game changer” because digital securities are more easily managed while providing security and automation.
“It makes it simple for institutions to harness cutting-edge technology to improve their operations and offer tokenized capabilities to their clients. As barriers to entry are lowered, and compliance features meet institutional standards, we’ll experience the full benefits of this transformative technology. Tokenization is not the future of finance anymore. It’s happening today,” Falempin stated.
Think of it as an Apple-Pay-like experience for investors who want to access their tokenized securities instantly, said Dfns CEO Clarisse Hagège.
“It also enables end-to-end automation where the issuer can determine the compliance workflows they need. We are very excited about this new offer and wish to push out new features together in the coming months.”
