Nxchange securities token exchange acquires Bondex for tokenized shared issuance
Nxchange, the first fully regulated European Securities Exchange for (tokenized) securities and digitized assets has acquired Bondex, the blockchain-based platform that companies can license in order to digitize their shareholder register or tokenize their shares or bonds issuance. This acquisition will further expand Nxchange’s service offerings and will continue to drive the company’s mission to become the single destination for tokenizing and trading alternative assets in Europe. Bondex has been fully acquired by Nxchange, but will continue to operate as an independent entity. Founder Jos van Alphen will become part of the board of Nxchange.
“Nxchange has a long expressed interest to further use Decentralised Financing (DeFi) structures and we have been presented with an opportunity to bring on a committed and enthusiastic team that aligns clearly with our mission at Nxchange. This mission is to provide innovative finance solutions for alternative investments,” said Marleen Evertsz, CEO & Founder, Nxchange. “With Nxchange positioned in Europe as the place to invest and trade alternative assets on a Regulated Market, taking on a fully established private issuance platform that can deliver the experience that our Nxchange users have come to expect was a natural fit for us.”
Bondex provides a blockchain-based platform that companies can license in order to digitize their shareholder register and tokenize their shares or bonds. By licensing the platform a company can self-structure a share or bond issuance on the blockchain by involving their employees, direct clientele or other stakeholders or simply use the Bondex platform to manage their shareholders, whereby the platform provides functionality for, amongst others, the KYC / AML process for on-boarding investors, payments, OTC trading, fund management and social management.
Nxchange believes tokenizing alternative assets will play a vital role in the future of the financial ecosystem. By including this asset class, Nxchange is now uniquely situated to position itself as a 360-degree solution for all the investing needs of European millennials. “We want our community to know that this step will lead to bigger and more exciting features in the future and that they can look forward to an enhanced version of the platform that they have already come to love,” said Jos van Alphen, Founder & CEO, Bondex.