Wecan Tokenize, a platform in tokenization solutions for real estate professionals, today announced the release of its first tokenization solution with end-to-end integration for banks and financial institutions.
In partnership with METACO, a provider of security-critical infrastructure enabling financial institutions to enter the digital asset ecosystem, Wecan Tokenize will expand its existing suite of services, including the issuance, management, and distribution of tokens, to include secure custody of tokens and digital assets.
Mathieu Saint-Cyr, Chairman at Wecan Tokenize, commented, “The whole market has been very enthusiastic about tokenization and digital assets for the past two years. The missing link was always the ability to provide liquidity and secondary markets for the tokens. Wecan Tokenize is now in a unique position, being able to offer an integrable solution that truly covers the end to end value chain of digital assets.”
Wecan Tokenize’s ambition and positioning have always been institutional by design. Wecan Tokenize has integrated POCs and solutions within its clients existing infrastructure, while collaborating with regulators and big four auditors at every stage. Its successful deliveries gained traction from tier one players in financial services, including Avaloq and Temenos.
A strategic partnership with METACO, a leader in integrated token custody solutions for financial institutions will allow Wecan Tokenize to expand on its current services to offer a secure and comprehensive solution for the custody of tokens.
Adrien Trecani, CEO and Founder of METACO commented on the development, “We see a set of shared corporate values focused on trust, innovation and client needs as an exceptional foundation for our partnership and are excited by the future opportunities for collaboration. Wecan Tokenize addresses an institutional market need for a scalable, secure and compliant platform for tokenization and we see strong synergies with the secure governance and token management that SILO can deliver to their tokenization processes.”
This latest product development follows the announcement last year that Wecan Tokenize had integrated its flagship solution at institutional player Geneva Management Group (GMG) to help complete a first transaction of €10M, issued entirely in digital tokens. GMG was able to attract investors and carry out the financing of two buildings located in the heart of Lisbon, Portugal in under seven days, using the Wecan Tokenize products suite integration.
Vincent Pignon, Board member at Wecan Tokenize, concluded: “We are convinced that blockchain technology is complementary to the traditional financial landscape. Integrating our suite of solutions directly into core baking applications will help us get the best of both worlds and create fundamental and relevant synergies.”