Tokeny Solutions

Tokeny offers a blockchain-based platform that enables users to tokenize a range of real-world assets such as debt, real estate, private equity, and funds. Users can create and distribute tokenized assets, automate KYC/AML processes, and enable peer-to-peer trading via secondary markets. The platform also offers a white-label marketplace solution for users to onboard investors, enable peer-to-peer trading, and manage the distribution of their tokens. The company is also responsible for the creation of ERC-3643, a standard for tokenized securities that restricts token interactions to permitted users while maintaining interoperability with applications that support other Ethereum-based tokens. 

The platform provides users with a range of additional infrastructure tools including ONCHAINID, a self-sovereign identity system for decentralized applications, and ComplyDeFi, which enables developers to launch permissioned DeFi protocols by connecting to ONCHAINID. 

Moreover, the company operates the DINO Network, which acts as a liquidity and distribution network for new tokens launched via its platform. The network has over 100 partners including digital trading desks, regulated trading venues, decentralized exchanges, and other DeFi protocols. As of April 2024, the network supported the distribution of over 50 tokens and was secured by 91 validator pools and over 6,000 nodes

Key customers and partnerships

In April 2024, Tokeny partnered with Globacap, a private markets workflow digitization platform, to expand its “DINO Network,” which supports the distribution of digital securities that use the ERC-3643 token standard. The partnership was to let the company leverage Globacap's workflow automation software to enable clients to enhance execution capabilities in secondary markets, optimize workflows, and ensure record integrity. During this same period, the company also integrated with Telos, a blockchain infrastructure provider, to introduce Telos’ Ethereum virtual machine (EVM) to its platform. 

As of April 2024, the platform served over 50 companies including Ownera, BitMex, Fireblocks, Assetera, Artory, Jewel Bank, and Cofund. 

Funding and financials

In June 2022, the company secured EUR 5 million (USD 4.7 million) in an investment led by Inveniam Captial Group. The company went on to secure an undisclosed amount in an investment from Apex in December 2023. The funding also included a strategic partnership, which enabled Tokeny to offer its solutions to Apex customers.