The exponential increase in the digitalization of services has paved the way for innovative parallels like asset tokenization to gain ground around the world.
With tokenization, it is now possible to automate traditionally manual and resource-intensive processes involved in bringing securities to public and private markets by putting everything on the blockchain.
Token City enables the digital and secure representation of a variety of assets through blockchain tokenization, such as corporate equity, credit, real estate, property, intellectual property, and other types of economic rights created by private companies.
Working with partners and DeFi protocols, Token City enables small and medium-sized companies to improve their liquidity and that of their investors while allowing companies to access new liquidity options.
By leveraging IX Swap’s next-generation platform that uses DeFi services and Token City’s technological infrastructure that enables the management of tokenized financial assets, we want to facilitate unprecedented access to the issuance, listing, and trading of security tokens.
Aaron Ong, co-founder of IX Swap, commented, “IX Swap will provide Token City and their clients with an accessible secondary market for its primary issuance listings. Together, we want to provide win-win solutions for companies and investors to access new opportunities while helping improve the market-wide issue of liquidity in the security token industry. We are excited to work with Token City in making this happen.”
Yael H. Oaknin, Token City's founder and CEO, said that “As we strive to provide our clients with first-class access to capital, working with IX Swap allows us to offer the most advanced technology currently available. The quality of IX Swap’s Automated Market Maker for digital assets is unparalleled in the space, which gives us the confidence to help our clients reach their objectives in the best possible way. We look forward to working closely with the IX Swap team”.
Established in 2020, Token City provides the complete technological infrastructure that enables the management of tokenized financial assets and offers management and tokenization solutions, as well as a marketplace for security tokens backed by private companies' financial assets.
The company has been named by Forbes Spain among the 22 ideas that will make an impact in 2022, recognized by Finnovating as one of the five (5) most promising companies created in Spain in 2020, and selected among the most innovative startups by Entrepreneurship World Cup, AIBC Malta, and Molo9.
For more information about Token City, please visit https://www.token-city.com/