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April 18, 2024
Telos Foundation Announces Strategic Integration with Tokeny to Enhance Multi-Chain Tokenization Capabilities
2
min read
The Telos Foundation is pleased to announce its strategic integration with Tokeny, a leading tokenization platform renowned for having tokenized billions of dollars worth of assets, specifically $28 billion. Tokeny serves a significant number of institutional clients, highlighting its capability and trust within the financial sector.
The collaboration is set to enhance the ecosystem by integrating the Telos EVM into Tokeny’s multi-chain platform.
About Tokeny
Tokeny provides a compliance infrastructure for digital assets. Through using distributed ledger technology, Tokeny allows financial actors operating in private markets to easily issue, transfer, and manage securities.
By applying trust, compliance, and control on a hyper-efficient infrastructure, Tokeny enables market participants to unlock significant advancements in the management and liquidity of financial instruments.
Key Benefits
This integration brings numerous benefits to both ecosystems.
By incorporating the Telos EVM, known for its transaction throughput of 15,200 transactions per second, the partnership ensures that Tokeny can leverage Telos to provide users with speed and efficiency in their tokenization processes.
Additionally, this alliance reduces operational costs and enhances the flexibility for issuers to select the most suitable blockchain environment for their needs, promoting a scalable and adaptable ecosystem.
How Telos Users Can Use Tokeny
Telos users can now leverage Tokeny's platform to issue and manage digital securities in a compliant manner, significantly enhancing the tools available for secure and functional financial transactions within the Telos network.
Those interested in these new capabilities can start by visiting Tokeny's website to access detailed information on services and guidance on how to initiate their first tokenization project using the integrated features of Telos and Tokeny.
Visit: https://tokeny.com/
Conclusion
The strategic integration between Telos and Tokeny marks an important step forward in enhancing the utility and efficiency of blockchain technology for tokenized securities. By combining Telos' high-performance infrastructure with Tokeny's expertise in digital asset compliance, this collaboration is poised to foster growth and innovation within both ecosystems, benefiting users across the globe. As we move forward, the Telos Foundation remains committed to advancing blockchain technology and delivering robust solutions that meet the evolving needs of our community and partners.
Disclaimer
The content provided in this article is for informational purposes only and should not be construed as financial or investment advice. Always conduct your own research and consult with a professional before making any financial decisions. Cryptocurrency investments along with other asset classes can be volatile and can result in potential losses. Always use caution, practice due diligence, and never invest capital you cannot afford to lose. Remember to always maintain the security of your accounts, use strong passwords, enable two-factor authentication, and be wary of phishing attempts. Stay safe and invest responsibly.
About The Telos Foundation
Telos is a decentralized blockchain ecosystem that includes Telos EVM, which is tested as the fastest Ethereum Virtual Machine globally, and its high-speed consensus layer, Telos Zero. With its continued focus on helping push forward the global adoption of Zero Knowledge technology, Telos is also currently developing a hardware-accelerated Ethereum Layer 2 network powered by SNARKtor, with the goal of enhancing privacy and scalability for global use cases at scale. Telos is overseen by The Telos Foundation, an ownerless foundation dedicated to advancing the Telos blockchain network and its community.
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