Tokeny and Globacap Partner to Transform Private Markets Distribution

Capital markets technology firms Tokeny and Globacap join forces to expand the DINO Network, revolutionizing distribution for tokenized private assets.

Tokeny, a leader in tokenization technology for capital markets assets, and Globacap, a world-renowned provider of private markets operational workflow automation, have announced a strategic partnership aimed at reshaping the distribution landscape for tokenized private assets. This collaboration is poised to address the challenges faced in distributing tokenized private assets, focusing on enhancing efficiency, transparency, and liquidity within the private market ecosystem.

Private capital markets have experienced significant growth in recent years, outpacing the expansion of global public markets by 1.7 times. Tokenization has emerged as a pivotal enabler of accessibility and efficiency for the private market, offering a unified and programmable infrastructure that enhances transparency and liquidity.

One of the primary challenges in tokenized private asset distribution is ensuring post-issuance compliance and interoperability with distribution platforms. The ERC-3643 token standard addresses these challenges by restricting token interactions to eligible users while maintaining compatibility with applications supporting ERC-20 tokens.

Globacap has joined the DINO Network initiative, an interoperable distribution network for digital securities leveraging the ERC-3643 token standard, to expand the reach of its marketplace. Tokeny serves as a connector provider between Globacap and the DINO Network, facilitating seamless integration and interoperability. This partnership, combined with Globacap’s workflow automation software, aims to bring public market-like efficiency to private markets, streamlining workflows and ensuring robust record integrity.

Tokeny, with six years of experience in tokenization and €28 billion in assets tokenized, is the initial creator of the ERC-3643 standard, advancing market standardization in tokenization. Luc Falempin, CEO of Tokeny, emphasized the significance of the DINO Network in enhancing liquidity and market standardization. “Together with leading platforms like Globacap, we are revolutionizing private markets distribution, making it efficient, transparent, and liquid,” said Falempin.

Globacap’s technology digitizes and automates the entire private markets journey, from primary raises through vehicle and investor management to the execution and settlement of secondary transactions. Myles Milston, Co-founder and CEO of Globacap, highlighted the transformative impact of their offering in driving private markets innovation and growth forward. “The combination of our offering with Tokeny is immense and will help to drive private markets innovation and growth forward,” said Milston.

The partnership between Tokeny and Globacap marks a significant step towards transforming the distribution landscape for tokenized private assets, offering enhanced efficiency, transparency, and liquidity within the private market ecosystem.

About Tokeny

Tokeny provides a compliance infrastructure for digital assets, enabling financial actors operating in private markets to compliantly and seamlessly 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.

About Globacap

Globacap is a leading capital markets technology firm that digitizes and automates the world’s private capital markets. It delivers a white-label SaaS solution that brings public markets-like efficiency to private markets, enabling financial institutions to accelerate their private market commercial activity while driving down operating costs.

Photo by lucas wesney on Unsplash

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