Apex Group Fortifies Strategic Tokenization Position Through Investment in Tokeny
Apex Group, a renowned global financial services provider, announced today its strategic investment as the lead investor in Tokeny Solutions, a leading enterprise-grade tokenization solutions provider.
With a global presence boasting over 12,000 employees across 112 offices worldwide, Apex Group has established itself as a dominant force providing cross-jurisdictional services to a diverse clientele, including asset managers, capital markets, corporates, and family offices.
Tokeny Solutions, leveraging six years of experience in tokenization, offers a comprehensive tokenization infrastructure, handling the entire lifecycle of tokenized securities. With a track record of tokenizing €28 billion in assets and pioneering the ERC3643, a technical market standard for tokenization, Tokeny stands at the forefront of market standardization efforts.
This strategic collaboration between Apex and Tokeny aims to drive institutions into the realm of tokenized financial markets, widely regarded as the future of the capital market. Tokeny’s role as an enabler allows Apex clients to seamlessly and compliantly tokenize assets on the blockchain, thereby reducing operational costs and broadening investor reach.
Peter Hughes, Founder, and CEO of Apex Group, expressed enthusiasm about this significant step, emphasizing the transformative potential of tokenization in the financial sector. He highlighted the collaboration with Tokeny as pivotal in enabling innovative digitized financial solutions to meet evolving market demands.
Luc Falempin, CEO of Tokeny Solutions, hailed the partnership as a milestone in their journey. He stressed the critical role of influential institutional players like Apex in propelling the industry forward, expressing excitement about integrating Tokeny into Apex’s strategic vision to manifest a digitized financial future.
