Apex Group has acquired a controlling interest in Tokeny, a Luxembourg-based provider of institutional tokenization solutions. The acquisition builds on their initial strategic partnership formed in December 2023. Over the next three years, Apex Group will assume full control of Tokeny as part of its broader effort to introduce blockchain-based infrastructure to financial institutions. The move signals Apex’s intention to lead the adoption of digital asset solutions that support asset issuance, transfer, and management using blockchain protocols.
Tokeny’s technology will be fully integrated into Apex Group's services, which have supported over $32 billion in tokenized assets and created the ERC-3643 standard for compliant tokenization. This integration aims to streamline operations and enhance clients' access to alternative liquidity avenues. Peter Hughes, Founder and CEO of Apex Group, commented, “As a majority owner, Apex Group is enhancing its ability to deliver comprehensive, future-proof solutions to our clients. Tokenization is a foundational shift in how assets will be managed, distributed, and accessed. Our strengthened partnership with Tokeny is key to delivering on our vision to be the infrastructure provider in the digital era of finance.” The acquisition marks a strategic step in Apex’s plan to use decentralized technologies, including smart contracts and blockchain, to improve efficiency, transparency, and scalability in asset servicing.
