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Tokeny, a prominent figure in the tokenization industry, has announced its latest strategic integration with Telos, a move aimed at bolstering its multi-chain capabilities. This collaboration underscores Tokeny’s commitment to providing seamless and secure solutions for issuing, managing, and distributing tokenized securities across multiple blockchain networks.

The integration introduces Telos EVM (Ethereum Virtual Machine) to Tokeny’s platform, adding to its existing ecosystem of supported chains. Telos EVM, renowned for its remarkable transaction throughput of 15,200 transactions per second (TPS), empowers institutions with unparalleled speed and efficiency in tokenization processes.

Luc Falempin, CEO of Tokeny, highlighted the significance of this collaboration in enhancing the platform’s offerings. “Our solutions are designed to be compatible with any EVM chain, allowing our clients to seamlessly navigate the ever-expanding blockchain landscape,” said Falempin. “By integrating Telos EVM, we expand our reach and enable issuers to tokenize assets with ease while benefiting from Telos’ advanced blockchain technology.”

The synergy between Tokeny and Telos is poised to drive efficiency, reduce costs, and offer institutions greater flexibility in choosing the most suitable blockchain network for their tokenization needs. This strategic alignment reflects a shared vision of accelerating innovation and fostering growth within the tokenization space.

Lee Erswell, CEO of Telos Foundation, expressed enthusiasm about the partnership and its potential impact on tokenization projects. “With Tokeny’s best-in-class technology and expertise, coupled with Telos’ high-performance infrastructure, we anticipate a significant acceleration in tokenization projects coming onto the Telos network,” said Erswell. “Together, we are poised to set new standards of speed and efficiency in the tokenization space, driving innovation and fostering growth for our ecosystem and beyond.”

Telos, known for its impeccable record of zero downtime and the world’s fastest Ethereum Virtual Machine, is positioned to lead enterprise adoption into the realm of borderless Web3 technology and decentralized solutions.

Tokeny provides a compliance infrastructure for digital assets, enabling financial actors operating in private markets to issue, transfer, and manage securities using distributed ledger technology. By applying trust, compliance, and control on a hyper-efficient infrastructure, Tokeny enables market participants to unlock significant advancements in the management and liquidity of financial instruments.

The integration of Telos EVM into Tokeny’s platform signifies a step forward in the evolution of tokenized securities issuance, offering enhanced capabilities and flexibility for institutions navigating the digital asset landscape.

Image by Johny Goerend from Unsplash

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