Tokentus investment AG acquires shares in the blockchain-oriented financial technology company PolySign

EQS News: tokentus investment AG / Keywords: Miscellaneous

tokentus investment AG acquires shares in the blockchain-oriented financial technology company PolySign

12.01.2023 / 07:30 CET/CEST
The issuer is solely responsible for the content of this announcement.

tokentus investment AG acquires shares in the blockchain-oriented financial technology company PolySign

  • PolySign states that it operates a secure and scalable blockchain-enabled infrastructure for institutional providers to manage digital assets in the capital markets and payments sector
  • Late-stage strategic investment in established blockchain project together with well-known co-investors purposefully expands the spectrum of the tokentus portfolio
  • The initial investment of EUR 50,000 allows for further replenishment depending on the market and company development of PolySign

Frankfurt am Main, January 12, 2023 – tokentus investment AG (“tokentus”, ISIN: DE000A3CN9R8; WKN: A3CN9R; symbol: 14D), headquartered in Frankfurt am Main, Germany, is purchasing EUR 50,000 in PolySign shares (www. polysign.io ), headquartered in Oakland, California (USA). PolySign says it is an established operator of a secure and scalable infrastructure for financial institutions and institutional investors, helping them leverage their digital assets across the value chain. Other investors in PolySign include Soros Fund Management, Blockchain.com, GSR and Brevan Howard Asset Management.

PolySign’s core products include a digital asset custody solution through its subsidiary Standard Custody & Trust Company, a New York regulated custodian. PolySign has also been active in fund administration since the acquisition of MG Stover, a full-service fund administration company founded by accountants and fund operators, in the spring of 2022. Its ABC Network subsidiary also operates a vendor-owned blockchain solution for digital identity and signatures. In the first quarter of 2023, PolySign’s portfolio is expected to be further expanded with Polynet, a settlement and settlement solution designed to provide instant and automated settlement for a variety of assets. From tokentus’ perspective, current market developments and increasing governance and compliance monitoring by institutional investors are driving the demand for high-quality, regulated institutional custodians across the spectrum of digital assets.

PolySign currently has approximately 60 employees and is led by a team around CEO Jack McDonald. The PolySign team is made up of industry experts, including former Ripple employees, and therefore has years of experience building and scaling technology companies.

“In our opinion, PolySign is excellently positioned and a pioneer in its field. With this strategic investment, we can specifically strengthen our portfolio together with Qredo, BCB and Ownera with another innovative institutional infrastructure solution and diversify our overall portfolio,” said Oliver Michel, CEO director of tokentus investment AG. “From our point of view, the demand for safe and regulated custody of digital assets is growing enormously, and this is exactly where we are expanding our involvement,” adds Benedikt Schulz, chief investment officer at tokentus.

About tokentus investment AG

tokentus investment AG (ISIN: DE000A3CN9R8, WKN: A3CN9R; Ticker: 14D) is an investment company with a focus on the blockchain market. The shares of tokentus investment AG are listed on the m:access trading segment (unofficial market) of the Munich Stock Exchange and are traded on XETRA and other German exchanges.

With the help of an ever-growing network of co-investors, tokentus buys international financial investments and shares in companies with a business model directly connected to the blockchain technology. Thus, shareholders in tokentus investment AG can indirectly invest in a diversified, international portfolio in the pioneering blockchain market. tokentus investment AG considers itself an investment pool and a central access point for investors in the blockchain market. As a German public holding company, tokentus is committed to transparency and regular communication with its investors. tokentus investment AG invests in financial assets, equity and token investments and blockchain-focused venture capital funds.

For more information see: www.tokentus.com

Disclaimer

This publication is neither an offer to sell nor a solicitation to buy securities. The no-par value registered shares of tokentus investment AG (the “Shares”) may not be offered or sold outside the Federal Republic of Germany, in particular not in the United States or to or for the account or benefit of “U.S. persons” (as defined in Regulation S under the U.S. Securities Act of 1933, as amended (“Securities Act”)). The securities have already been sold.

Get in touch for questions

Oliver Michel
CEO there tokentus investment AG
Tel: +49 175 7222 351
[email protected]
www.tokentus.com

12.01.2023 CET/CEST Dissemination of a company news, transmitted by EQS News – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS distribution services include regulatory announcements, financial/corporate news and press releases.
Archive at www.eqs-news.com

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *