Apex Group has bought a majority stake in Tokeny, the leading enterprise-grade tokenisation solutions provider.
The transaction, which will see Apex Group take 100% control of the firm over the next three years, follows the initial investment and strategic partnership with Tokeny announced in December 2023.
Peter Hughes, Founder and CEO of Apex Group, said: “As a majority owner, Apex Group is enhancing its ability to deliver comprehensive, future-proof solutions to our clients.
“Tokenisation 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.”
Tokeny’s solutions have been used to tokenise over $32bn USD in assets, having created ERC-3643, the technical market standard for compliant tokenisation. The firm offers a full suite of capabilities covering the issuance, transfer, and lifecycle management of tokenised securities, enabling clients to tap into new liquidity channels and enhance operational efficiencies.