Tokeny Solutions, a tokenization platform in Luxembourg, is collaborating with Inveniam and its data integrity platform, according to a press release.
It appears that these two groups together will offer “the foundation for increased private market asset liquidity and public-like performance of these assets. This public-like performance is made possible with data integrity and price discovery functionality driven by better data on the underlying businesses and their assets,” the release states.
The two will also work to build digital securities for investors and ensure that they can integrate those assets into their platforms. On top of this, it will also “facilitate the secondary market trading of private market securities.”
Speaking on the matter is Daniel Coheur, the Co-Founder and Chief Commercial Officer at Tokeny Solutions, who said:
“Inveniam’s data integrity and fair market value pricing functionality will enrich Tokeny’s security tokens to facilitate the forthcoming secondary market for real estate assets. The Inveniam.io platform complements ours, making this a synergistic tokenization powerhouse.”
Also sharing some thoughts on the matter is Patrick D. O’Meara, the Founder and CEO of Inveniam, who said:
“We look forward to a mutually beneficial collaboration with Tokeny in this initiative. This combined service will deliver real-time price discovery, liquidity and transparency for digitizing private assets; something that was not possible before now. Combining user-friendly end-to-end solutions of Tokeny’s technology with data integrity and real-time fair market value Verified by Inveniam™, provides a powerful competitive edge for private market asset owners.”