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Euronext invests €5M in blockchain fintech Tokeny Solutions

Carol Gaszcz
Pan-European exchange Euronext has made a €5 million investment in tokenization platform Tokeny Solutions, according to a press release. In return, Euronext has obtained a 23.5% stake in the company as well as “strong governance representation.” The Luxembourg-based fintech provides tools needed for security tokenisation.The post Euronext invests €5M in blockchain fintech Tokeny Solutions appeared first on The Block.

Pan-European exchange Euronext has made a €5 million investment in tokenization platform Tokeny Solutions, according to a press release. In return, Euronext has obtained a 23.5% stake in the company as well as “strong governance representation.”

The Luxembourg-based fintech provides tools needed for security tokenisation. It offers both issuance and management of the tokens, issued on a public blockchain. In order to assure compliance, the company has developed T-REX protocol, which “integrates compliance obligations into the digital asset smart contract, to create tokens compliant by design.”

Tokeny will co-operate with LiquidShare, a blockchain fintech created by Euronext along with other financial institutions like BNP Paribas, CACEIS, and Société Générale. The fintech has been brought to life to develop a post-trading blockchain infrastructure for SMEs.