Apex Group has acquired a majority stake in Tokeny, a company focused on tokenizing real-world assets (RWA) on public blockchains. This acquisition is part of a growing trend among traditional financial firms to explore tokenization, which is anticipated to expand the market for tokenized assets to a trillion dollars. Tokeny has successfully tokenized over $32 billion in assets and is recognized for the ERC-3643 standard for digital asset transfers. Apex plans to integrate Tokeny’s technology and team into its own operations and aims to take complete ownership over the next three years. The move is expected to enhance cross-border transactions, simplify settlement processes, and provide new liquidity options for institutional investors. Apex's CEO Peter Hughes emphasized that the partnership with Tokeny will be pivotal in establishing a strong infrastructure for digital finance. Overall, tokenization is viewed as a transformative shift in asset management, access, and distribution.

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