Digital Asset Exchange Binaryx Launches Next Generation Tokenization Platform To Help Businesses

TALLINN from Estonia, July 5, 2021 / PRNewswire / – Binaryx, the European digital asset exchange, announces the launch of its next-generation tokenization platform, which enables small and medium-sized businesses to tokenize their assets to attract investment. Binaryx gains a competitive advantage by combining digital asset exchange capabilities and asset tokenization services on a single platform.

“We want to help small and medium-sized businesses that have gone through the early stage and don’t have enough capital by offering cost-effective and time-consuming ways to scale. With the help of our tokenization platform, small and even micro businesses can get the support from their existing communities and attract private investors from around the world “, comments Oleg Kurchenko, founder and CEO of Binaryx.

Genius Marketing, an EdTech company from Eastern Europe, is the first company to tokenize its business using the Binaryx platform. Genius Marketing offers entrepreneurs a variety of educational programs on digital marketing.

Currently, the Binaryx team has been working with companies and asset managers to build a portfolio of European projects, which comply with tokenization within the platform, and also to create and provide a fair, transparent and accessible tokenization framework. for all participants. Among the pioneers in the pipeline, there are several EdTech and AdTech businesses from Eastern Europe, whose objective is to attract investment for further expansion.

The tokenization of real economy assets is one of the top emerging trends, predicted by many analytics firms, to shape the financial ecosystem in the next decade. According to Deloitte, tokenization could unlock trillions of euros in currently illiquid assets, transforming the financial space into a much faster, cheaper and more inclusive ecosystem. The transparency market says the tokenization market will grow to $ 7 billion by 2026. The World Economic Forum forecasts that 10% of world GDP ($ 10 billion) will be in the form of crypto assets within the next ten years.

About Binaryx

Binaryx is a digital asset exchange that allows you to buy, trade and store cryptocurrencies and other digital assets. With offices in Estonia Y Ukraine, Binaryx builds the next generation financial ecosystem with asset tokenization at the center of its focus.

The company was established in 2019. Binaryx is licensed to trade and is operated by BinaryxOÜ, a company registered in Estonia with registration code 14819844, licensed by Politseija Piirivalveamet.


Press release distributed by PRLog

SOURCE Binaryx


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