Apex Group, a leading financial services provider managing over $3 trillion in assets, has announced a major strategic move in the digital asset space. The firm has acquired a majority stake in Tokeny, a Luxembourg-based company renowned for its innovative platform that helps institutions tokenize real-world assets (RWA) on public blockchains. This move underscores Apex’s commitment to embracing blockchain technology as the future of capital markets.
The deal involves Apex initially investing in Tokeny in late 2023, with plans to gradually take full ownership within the next three years. While the specific terms of the acquisition remain undisclosed, the partnership signals a significant step forward in financial digitization. A spokesperson for Apex has yet to comment on the deal details.
This acquisition comes at a pivotal time when traditional financial firms are increasingly exploring tokenization as the next frontier in securities trading. Using blockchain technology, institutions can streamline the transfer and settlement of assets such as bonds, funds, and other securities, promising easier cross-border transactions, quicker settlements, and expanded liquidity channels. Industry projections suggest that tokenized assets could grow into an $18 trillion market by 2033, highlighting the enormous potential of this technology.
Peter Hughes, Apex’s founder and CEO, emphasized the importance of this move: “Tokenization represents a fundamental shift in how assets are managed, distributed, and accessed. Our strengthened partnership with Tokeny is crucial to building the infrastructure needed for the digital era of finance.”
Tokeny’s platform has already played a key role in tokenizing over $32 billion in assets. Its infrastructure supports the entire lifecycle of tokenized securities—from issuance and transfer to compliance—making it a leader in the space. Notably, Tokeny helped establish ERC-3643, a widely adopted standard for compliant digital asset transfers.
Apex plans to bring Tokeny’s team and technology in-house, aiming to offer clients a comprehensive, turnkey blockchain-based financial infrastructure. This initiative will layer smart contracts and decentralized protocols on top of Apex’s traditional offerings, enabling seamless integration of digital assets into existing financial services.
This strategic investment positions Apex Group at the forefront of the digital asset revolution, reinforcing its goal to serve as a key infrastructure provider in the evolving landscape of digital finance. As tokenization continues to gain momentum, such moves highlight the increasing convergence of traditional finance with blockchain innovation, shaping the future of global capital markets.
