Tokeny, an asset tokenization platform, has partnered with Globacap, a private markets workflow digitization platform, to expand its "DINO Network." This network supports the distribution of digital securities using the ERC-3643 token standard.

This partnership will enable the company to leverage Globacap's workflow automation software to enable clients to enhance execution capabilities in secondary markets, optimize workflows, and ensure record integrity. Tokeny will also function as a connector provider between Globacap and the network. 

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 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.

Analyst QuickTake: Real-world asset tokenization has seen a growing interest within the DeFi industry in the last six months with a number of recent fundraises, including Untangled Finance , Ostium Labs , and GenTwo , which raised USD 13.5 million , USD 3.5 million , and USD 15 million , respectively. Notably, Tokeny aims to differentiate itself via the DINO Network, a liquidity and distribution network for new tokens launched via its platform. The network includes digital trading desks, regulated trading venues, decentralized exchanges, and other DeFi protocols