Tokenization platform Tokeny has integrated with Telos EVM (Ethereum Virtual Machine)>
In a blog post, the digital security enabler said that by integrating Telos EVM, it will expand its reach for issuers to tokenize assets with while benefiting from Telos’ blockchain technology. The integration is said to enhance efficiency, reduce costs, and offer institutions greater flexibility in choosing the most suitable blockchain network for their tokenization needs.
Luc Falempin, CEO and founder of Tokeny, commented on the Telos integration:
“Our solutions are designed to be compatible with any EVM chain, allowing our clients to seamlessly navigate the ever-expanding blockchain landscape. We identified Telos as a promising ecosystem poised for growth. As a technology provider, our mission is to ensure that our clients have the flexibility to choose any chain they desire and switch with ease.”