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Apex Group Acquires Majority Stake in Tokeny

  • Apex Group, a global financial services provider, has acquired a majority stake in Tokeny, a tokenisation solutions firm based in Luxembourg.
  • The agreement will give Apex Group full control of Tokeny within three years, supporting the adoption of tokenised finance among institutional clients.
  • Tokeny's technology, including the ERC-3643 standard, has tokenised over US$32 billion in assets with tools for issuance, transfer, and lifecycle management of tokenised securities.
  • The acquisition aligns with Apex Group's strategy to enhance asset servicing using blockchain, smart contracts, and decentralised protocols for increased efficiency and transparency.

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