Tokeny, the Luxembourg-based tokenisation platform that is backed by Euronext., has formed a partnership with Inveniam Capital Partners, Inc., a U.S.-based SaaS company delivering trust, transparency and completeness of data to private market assets. The partnership includes a EUR5m (USD5.7m) investment by Inveniam, Apex, and K20 Fund. The partnership aims to fully unlock asset liquidity via tokenisation, which will be facilitated by providing all technical solutions private asset owners need, covering the entire value chain of tokenised assets, underpinned with data regarding asset valuation and pricing.
Inveniam works with private market asset owners and managers to deliver valuation and pricing data using distributed ledger technology. This data underpins private market digital assets and gives these assets integrity upon which market participants can establish price discovery. The benefit to asset owners and managers is a more liquid asset, which can unlock value. The partnership will ultimately enable Apex Group, Inveniam’s fund administration partner, to deliver end-to-end cutting-edge services to a broad ecosystem of private asset owners.
Tokeny offers an institutional-grade white-label solution for digital assets that allows asset owners and managers to issue, transfer, and manage digital assets. All processes, from the client onboarding process including KYC/AML checks to the administration required to manage investor subscriptions, capital tables, distributions, capital calls, etc., are streamlined on the Tokeny platform.