Apex Group acquires a majority stake in Tokeny, positioning itself for institutional-level tokenization services.

Gate News bot message, financial service provider Apex Group officially announced the acquisition of a majority stake in enterprise-level tokenization solution provider Tokeny. According to the acquisition plan, Apex Group will complete its full ownership of Tokeny within the next three years. Previously, the two parties established a strategic partnership in December 2023.

Apex Group will integrate Tokeny’s technology and team into its digital infrastructure system to enhance asset management and distribution efficiency, promoting tokenization in the institutional financial sector.

Source: Wu Shuo

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