Apex Group Acquires Majority Stake in Tokeny to Strengthen Tokenization Capabilities

Apex Group, a global financial services provider, announced on October 20th that it has acquired a majority stake in Tokeny, a leading enterprise-grade tokenization solutions provider. This transaction follows a strategic investment made in December 2023 and sets the stage for Apex to secure 100% ownership of Tokeny within the next three years. With this acquisition, Apex significantly enhances its position in the rapidly growing market for digital asset and real-world asset (RWA) tokenization.

Tokeny's infrastructure has already facilitated the tokenization of over $32 billion in assets, supporting the entire lifecycle of tokenized securities—from issuance and transfer to compliance. The company is notably recognized for developing ERC-3643, a regulatory-compliant standard for transferring digital assets.

Apex plans to integrate Tokeny’s team and cutting-edge technology into its operations to offer blockchain-based financial infrastructure that overlays smart contracts and decentralized protocols onto traditional financial services.

Peter Hughes, CEO of Apex Group, stated, “Tokenization represents a paradigm shift that fundamentally changes the way assets are managed, traded, and accessed. Our integration with Tokeny is central to realizing our vision of delivering next-generation digital financial infrastructure.”

Luc Falempin, CEO of Tokeny, echoed the sentiment, emphasizing, “The integration with Apex enables us to support global institutional clients more efficiently and broadly. For tokenization to scale, institutional distribution networks and trust are essential.”