INX Digital Company Inc. opens its doors to Aktionariat AG’s tokenized token, $DAKS aiming to bring the token to millions of investors worldwide.
Swiss-based private equity tokenization company Aktionariat AG partners with INX Digital Company, Inc., a leading tokenized assets marketplace, to bring the former’s assets to its fast-growing marketplace. The move marks a step forward for both companies and investors globally, allowing them to invest in private (pre-IPO) companies in a simplified, regulated manner – improving the process of investing in traditional IPOs.
INX Digital company offers a regulated marketplace for trading security tokens and tokenized real-world assets (RWAs), with a full compliance license and money transmitter licenses in most US states as well as Broker-Dealer and Alternative Trading System licenses granted by the SEC and FINRA.
On the other hand, Aktionariat AG specializes in offering innovative blockchain-based tokenization solutions. The company has helped tokenize the equities of over 70 private companies worldwide, including Boss Info AG, Carnault AG, Sportsparadise Switzerland AG, Operal AG, and Farmy AG etc. Additionally, Aktionariat manages share registries, options pools, and investor relationships on the blockchain. It offers a comprehensive suite of tools, enabling businesses to create decentralized marketplaces and connect with investors worldwide.
INX Digital Adds Aktionariat’s Tokenized Shares ($DAKS)
The latest partnership sees INX Digital introduce Aktionariat’s tokenized shares, $DAKS, on the INX marketplace. This listing brings Aktionariat’s Ethereum-based DAKS shares, issued under Switzerland’s Distributed Ledger Technology (DLT) Act, to a global audience.
The listing of $DAKS opens up a new pathway for global investors to invest in pre-IPO companies and for the companies themselves to list their tokenized equity efficiently, minimizing the bottlenecks faced in traditional IPOs such as costs and regulatory hiccups significantly.
Notwithstanding, the listing of tokenized Aktionariat’s shares sets a precedent in raising liquidity for companies in the private equity sector. The listing leverages INX’s advanced regulated platform, which provides 24/7 trading, cryptocurrency on- and off-ramps, multi-chain support, and self-custody, seeking to revolutionize how digital securities are traded.
“Our mission is to enable companies to leverage the power of blockchain-based equities,” said Murat Ögat, Co-founder & CEO of Aktionariat AG. “While we already enable issuers to create direct primary and secondary markets under their own control, listing our own tokenized equity shares increases the reach and liquidity of tokenized shares significantly.”
‘A Regulated Marketplace For Tokenized Assets’
As explained above, INX provides a regulated standard for tokenizing shares and a safe marketplace for investors and private equity firms to launch their tokenized assets. Adding to the services it offers to private companies, INX itself launched its token, becoming the world’s first SEC-registered digital security IPO issued on the blockchain.
Such trust is welcomed by Ogat who believes the listing on INX’s marketplace will add significant value to his company.
“Having a smooth path to access INX’s trading platform will provide value to Aktionariat and its investors, while also strengthening the usefulness of our offering for other issuers on our tokenization platform,” Ogat added.
Shy Datika, CEO of INX, welcomed Aktionariat’s move to INX stating the move opens up the platforms to other countries apart from the USA, allowing them to raise liquidity from whichever country across the world.
“We want all issuers of on-chain securities, not just in the USA, to understand that there is a venue for listing and trading these assets,” said Datika. “A venue that offers the much-needed access to liquidity to rebalance portfolios, diversify, and manage risks. INX, licensed and regulated in the USA, is open for business to market participants globally.”
While yet to be seen, the partnership shows potential to grow RWA tokenization across the globe. Since its launch in 2021, Aktionariat’s platform has facilitated more than CHF 50 million in trading volume and serves more than 30,000 users, with a combined market cap of CHF 400 million across its tokenized companies. The partnership with INX and the listing of $DAKS will push the visibility and investment to global heights, providing greater liquidity and market reach for both issuers and investors worldwide.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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