TechFlow news, January 9 — According to FinanceFeeds, El Salvador has announced that its licensed digital asset service provider, Ditobanx, has formed a strategic partnership with on-chain financial services provider Tokeny, aiming to position the country as a regulated asset tokenization hub.
Ditobanx already has support from 22 clients and expects the volume of tokenized assets to reach $300 million by 2025. The platform is built on the ERC-3643 (T-REX) standard, which currently enjoys backing from over 90 industry institutions including Tokeny, enabling seamless integration between on-chain and off-chain financial environments.
Guillermo Contreras, CEO of Ditobanx, stated that while issuing tokenized assets is complex, it is crucial for the future development of the industry. Luc Falempin, CEO of Tokeny, emphasized that El Salvador has consistently been at the forefront of digital asset regulation and innovation, and through collaboration with Ditobanx, they will deliver customized tokenization solutions for local institutions.
