Apex Group Buys Majority Stake in Tokenization Specialist Tokeny as RWA Trend Soars

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CoinDesk 15h ago

Apex Group Buys Majority Stake in Tokenization Specialist Tokeny as RWA Trend Soars - CoinDesk

Quick Summary:

Apex Group said it plans to fold Tokeny’s team and tech into its services as it pushes tokenized finance to the mainstream.

For institutional investors, the process promises simpler cross-border transactions, faster settlement and new liquidity channels.

The companies did not disclose the terms of the acquisition in the press release, and a spokesperson did not immediately return a request for comment.