Tokeny and Archax Partner to Provide Safe Market for Digital Security Tokens
Tokeny has partnered with Archax to ensure that former’s security tokens are listed on the Archax exchange. Tokeny is a company that develops enterprise-grade solutions for the issuance, management, and trading of tokenized digital securities. Archax, on the other hand, is an upcoming London-based token securities exchange.
For the crypto industry to develop, interoperability across various platforms must be attained. In this case, Tokeny and Archax complement each other, as Token issues regulated security tokens whereas Archax provides a platform for the secondary trading of such tokens. Moreover, Archax provides the liquidity needed to trade the security tokens.
Luc Falempin, the CEO of Tokeny, said that the two companies are confident that blockchain technology will revolutionize the capital markets. He reiterated that participants in the blockchain sectors have to demonstrate compatibility with each other if the technology is to realize its disruptive potential. Luc concluded by mentioning that the partnership will see Tokeny issue compliance security tokens while Archax will make the tokens to the end consumer.
Graham Rodford, the CEO of Archax, added that they are building a regulated marketplace for security tokens that target institutional investors. He said that the Archax exchange will allow enterprises to trade in cryptos in a secure and regulated environment. For this reason, Archax is working with companies Tokeny that can issue security tokens to be listed in their platform. In conclusion, Graham stated that the tokenization of real-world assets will generate liquidity and create secondary markets, as well as transform the traditional financial markets.
About Tokeny
Tokeny is a leading developer of enterprise-grade solutions that issue and mage security tokens. The company uses the T-REX infrastructure to facilitate this process. Furthermore, the entirety of the solutions adheres to the KYC and AML procedures.
About Archax
Archax is an upcoming digital securities exchange for institutional investors. Its main objective is to bridge the gap between traditional investments and digital assets.
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