Apex Group enters tokenization space via Tokeny investment

Rick Steves

“The market is in dire need of influential institutional players like Apex to drive and expedite the industry’s advancement. We’re exhilarated to be integrated into Apex’s strategic vision, joining forces to turn the blueprint of a digitized financial future into reality.”

Apex Group, a prominent global financial services provider, has made a significant investment in Tokeny, a leader in the field of enterprise-grade tokenization solutions.

This investment marks a decisive step for Apex Group in its commitment to leading the charge in the digital transformation of finance, placing a special emphasis on the role of tokenization.

Tokeny has already tokenized €28 billion in assets

Apex Group is distinguished by its extensive global reach, boasting a network of over 12,000 employees spread across 112 offices worldwide. The company is dedicated to providing a wide array of cross-jurisdictional services to a diverse clientele, including asset managers, capital markets, corporates, and family offices. This vast presence enables Apex to offer a unique single-source solution, delivering an array of services that cater to the varied needs of its clients.

Tokeny, known for its six-year track record in tokenization, brings a comprehensive set of solutions to the partnership. Specializing in the complete tokenization rail that encompasses the entire lifecycle of tokenized securities, Tokeny has already tokenized €28 billion in assets and is a pioneer in market standardization, being the creator of the ERC3643, a technical market standard for tokenization.

The collaboration between Apex and Tokeny is poised to usher institutions into the tokenized financial market, a domain regarded as the future of the capital market. Tokeny’s role in this partnership is to enable Apex to offer their clients the ability to tokenize assets on the blockchain. This integration not only aims to reduce operational costs but also to expand revenue opportunities by reaching a broader range of investors in a compliant and seamless manner. Tokeny’s incorporation into Apex’s single-source solution is a pivotal element of this strategy, positioning Apex as a frontrunner in the era of tokenized finance.

The market is in dire need of influential institutional players like Apex

Peter Hughes, Founder and CEO of Apex Group, has expressed enthusiasm for this venture with Tokeny, viewing it as more than just a financial investment. “We at Apex Group are pleased to embark on this journey with Tokeny. This investment is more than a financial commitment; it represents our belief in the transformative power of tokenization in the financial sector. We are confident that our collaboration with Tokeny, a leader in this revolutionary field, will pave the way for innovative, digitized financial solutions that meet the evolving needs of our clients and the market.”

Luc Falempin, CEO of Tokeny, said: “The partnership with Apex Group marks a significant milestone for Tokeny. In the last six years, we’ve meticulously developed a complete suite of solutions and a comprehensive ecosystem to support institutions on their tokenization journey. The market is in dire need of influential institutional players like Apex to drive and expedite the industry’s advancement. We’re exhilarated to be integrated into Apex’s strategic vision, joining forces to turn the blueprint of a digitized financial future into reality.”

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