Archax is ironing out all the details prior to the upcoming launch of their digital securities exchange. Part of this process is establishing partnerships with issuance platforms. In doing so, Archax will ensure that their own platform will have no shortage of token listings.
With this in mind, today, the duo of Tokeny and Archax announced a strategic partnership. This relationship will see digital securities issued via the Tokeny platform, through the use of their TREX framework, listed for trading on the Archax exchange.
This development creates a comprehensive suite of services for investors, and will help the industry deliver the much sought after liquidity within these assets.
In their press release, the CEOs of both Tokeny and Archax, took the time to comment on the partnership discussed here today.
“We are building a regulated, institutional market – based in London – for institutions to trade in credible, digital securities globally. As such we want to partner with leading firms like Tokeny, who are a key part of this emerging ecosystem, and tokenising assets that can then be listed and traded on our exchange. The tokenisation of real-world assets using blockchain technology will not only unlock liquidity and create secondary markets for assets that are currently hard to trade, but also has the potential to disrupt all traditional financial markets too.”
“We know how strong Archax’s team is and they share the same belief that blockchain will transform capital markets. For blockchain to become the preferred infrastructure for this industry it’s imperative for there to be seamless transferability between the key actors in the market. By agreeing this partnership, we are able to offer the end-to-end compliant issuance of their security and Archax will provide the customer with the all-important access to the secondary market.”
Tokeny was founded in 2017, and is headquartered out of Luxembourg. Above all, Tokeny functions as a FinTech company. Over the past year, the team has set their sights on developing a comprehensive platform, tailored towards the digital securities sector. Under the watch of CEO, Luc Falempin, Tokeny has managed to establish various strategic partnerships, along with the release of the ‘TREX’ framework.
Graham Rodford founded Archax in 2018, and currently acts as the CEO of this young company. Archax maintains headquarters in London, England. Here, the company is actively developing a next-gen exchange for digital securities – which is anticipated to launch in the latter half of 2019.
In Other News
Both Tokeny and Archax have found themselves in our news feed various times over the past year. Whether establishing strategic partnerships, or announcing future STOs on their platforms, this pair of companies has been active. Below are a few articles detailing past developments of each.
- Libra Rebranded to ‘Diem’ with Imminent Launch Expected
- Investing In Cloud Mining – Everything You Need to Know
- World’s First Tradable Carbon Token Launches to Democratize Access to New Asset Class
- Forex Market Optimism as New Month Begins
- Coinbase Experiencing a Bumpy Ride in 2020 – Outages, Alleged Discrimination, Politics, and More