The INX Digital Company, Inc., which is a regulated marketplace concerning the trading of tokenized RWAs and security tokens, has announced an exclusive collaboration. As per INX, it has joined forces with Aktionariat for the listing of DAKS (tokenized shares), bringing the Ethereum-based DAKS shares of Aktionariat to a worldwide audience. These assets are reportedly issued in line with the Distributed Ledger Technology Act of Switzerland.
INX and Aktionariat Partnership Lets Pre-IPO Firms List Tokenized Equity Efficiently
The respective endeavor intends to offer a way for the pre-IPO entities to list tokenized equity effectively. This minimizes the conventional IPO costs to a great extent. Aktionariat AG emerged back in 2021 to deliver unique tokenization solutions based on blockchain technology. Since its establishment, the platform has let more than fifty firms digitize equity along with the management of share registries as well as investor affiliations on the blockchain.
With the listing of the $DAKS token on INX, the focus of Aktionariat is on setting an exclusive liquidity standard in the private equity sector. The listing benefits from the cutting-edge regulated platform of INX. It offers self-custody, multi-chain support, crypto off and on-ramps, and trading for twenty-four hours throughout the week. In this respect, it targets revolutionizing the trading of digital securities.
The Company Aims at Facilitating On-Chain Securities Issuing Firms with Risk Management
INX’s chief executive officer Shy Datika also commented on this development. As per the executive, the platform intends to facilitate those issuing on-chain securities within the United States and beyond. It wants them to know about a venue that lists and offers trading of these assets. It also delivers much-required liquidity access for rebalancing portfolios. Moreover, it also facilitates portfolio diversification and management of risks.
The DAKS coin of Aktionariat was launched back in 2021’s February. It denotes shares in the firm complying with the Distributed Ledger Technology law of Switzerland. The platform of Aktionariat has benefited above CHF 50M in terms of trading volume. It additionally serves over 30,000 consumers, with a collective market capitalization of CHF 400M across the tokenized entities thereof.
