TechFlow News: South Korean public blockchain Klaytn has announced a strategic partnership with tokenization solutions provider Tokeny Solutions to jointly explore seamless infrastructure solutions for enterprises to easily issue, manage, and trade tokenized assets.
Tokeny Solutions' platform leverages the ERC3643 token standard, using reusable digital identities and verifiable credentials to ensure that only qualified investors can participate in transactions involving tokenized assets. The platform has already been used to tokenize over $28 billion in assets.
Luc Falempin, CEO of Tokeny Solutions, said: "Tokenized real-world assets are rapidly gaining traction in Asian markets. Drawing on our six years of experience in Europe, we are excited to collaborate with Klaytn to expand our expertise into Asia and streamline capital markets through tokenization. As digitalization makes breakthroughs across all aspects of daily life in Asia, investor demand for real-time and user-friendly financial services is growing. Now is the time for Asian issuers to seize this market opportunity, and we are eager to accelerate their time-to-market through our platform, enabling them to retain existing clients and attract new ones."
