Tokeny Solutions launches a white-label secondary market solution for securities issuers and digital asset marketplaces to improve private market access for investors. The Billboard module of the T-REX Platform allows an issuer’s investors to connect with one another, express trading intentions and ultimately execute peer-to-peer security token transfers on a decentralized infrastructure. Asset issuers can utilise the solution and improve the experience for their investors.
The private market industry is one that has grown impressively over the past decade, offering lucrative returns for investors. Yet, due to this industry operating on a plethora of centralized, manual and inefficient networks, there is barely any transferability in the secondary market. Investors are resigned to long lock-up periods and ultimately face costly liquidity problems. Today, this is a barrier to entry for many as liquidity is often needed, especially in times of economic uncertainty.
Billboard leverages decentralized technologies to digitally identify stakeholders and their assets to facilitate transactions. Thanks to onchain identities, the ownership and the eligibility claims of the counterparties are automatically verified. Once verified, the transaction is rapidly executed peer-to-peer by investors. This easy-to-use type of transfer reduces many fees seen in traditional private markets such as those to do with settlement and custody.