The popular tokenization platform, Tokeny made it on this year’s FinTech 50. The news places Tokeny in an exclusive class of movers and shakers in the marketplace. Also, it showcases Tokeny’s dedication to simplifying the tokenization process for the EU market.
Tokeny making the FinTech 50 is a huge accomplishment for the firm. The FinTech 50 recognizes the top FinTech firms across Europe. Companies that make the list tend to see a boost in activity directly afterward. Unlike most awards, the FinTech 50 is not an actual award per se. There are no actual winners chosen from the list. Instead, the list is kind of like a whos-who of businesses to watch in the coming months. The list is meant to showcases disruptive and newly developed strategies and technologies in the market, and the firms which employ them. Making the FinTech 50 places Tokeny in a unique category amongst the competition.
To make the consideration, a firm must utilize game-changing technology to progress the financial markets. Not surprisingly, Tokeny does exactly that. Tokeny is a cloud-based platform which allows for the issuance of compliant tokenized assets. Developers sought to make the platform as seamless as possible. To do so, the platform incorporates several interesting features.
For one, companies can opt for a white-label strategy. In this manner, the investment process is more familiar to participants. The platform also features full AML and KYC integration. Both of these features allow Tokeny to maintain full compliance throughout the tokenization, issuance, and trading processes.
Versatility is another important feature that the platform’s developers incorporated. Unlike most tokenization platforms, Tokeny allows investors and businesses to utilize multiple currencies. This flexibility makes it easier for global investors to participate in crowdfunding campaigns with confidence.
FinTech 50 – A Big Deal
The FinTech 50 list is a big deal in the sector. This year was the seventh year running. Each year the event draws more viewers, impressions, and attendees than the previous. Last year’s event received over 60,000 views. Also, the event had a reach on Twitter of over 5 million accounts in just 3 days.
Who are the FinTech 50 Judges?
Perhaps the most interesting fact about the FinTech 50 is how the judges are chosen. Every year, the list seeks out a panel of international judges to help decide what businesses mak -the-cut. These individuals are selected because they are industry leaders in their own right. Consequently, the list includes some of the most notable names in FinTech. This year was no different.
Tokenize All these Awards
This isn’t the first time Tokeny received accolades for its market contributions. The firm received the coveted Fintech 2019 award in June as well. Award presenters choose Tokeny from 194 applicants from 33 countries.
FinTech Winners Tracked
Interestingly, FinTech list makers have their funding tracked for a year following the listing to see how the companies develop. In this manner, the lists can assess their decisions. Notably, the 2018 FinTech firms listed raised around $2.5 billion.
Tokeny – A Bright Future
With all the recognition Tokeny garnished this year, it’s no surprise the platform continues to see rapid expansion. As Europe’s security token sector develops, Tokeny’s market positioning will strengthen even more. You can expect to see these innovative minds push the boundaries of FinTech to the next level.