Tokeny to Build BaFin-Compliant Security Token Offering Platform

Tokeny Solutions has partnered with Black Manta, a Berlin-based investment platform, in order to build a fully compliant Multi-STO-Platform for the European Market, which will be licensed by German financial watchdog BaFin.

Tokeny Solutions was named the 2019 Startup of the Year at KPMG’s FinTech Awards Luxembourg. The compliant tokenization platform launched in 2017 and raised €5 million from Euronext in July 2019, giving away a 23.5% stake to the exchange, who is convinced of the long term impact of tokenization on the financial industry.

Luc Falempin

Tokeny Solutions provides modular and user-friendly end-to-end solutions to issue, manage and transfer tokenized securities on a public blockchain. Clients include private markets securities issuers, from mid-cap companies and asset management companies to advisors like investment banks.

The Black Manta Investment Platform is run by BMCP’s Berlin operating entity. The BMCP GmbH received its licence within the MiFID II regime by the German financial regulator BaFin, earlier this summer.

The two partners will launch a fully compliant Multi-STO-Platform, catering to both professional and retail investors. The Security Token Offerings (STO) will range from real estate projects, small and medium enterprises, and grown up startups to tokenized commodities and funds. Tokeny will provide the white-label tokenization platform whilst Black Manta Capital is committed to deliver the highest standard in compliance and investor protection as a regulated Financial Services Institution within the European Union.

Luc Falempin, Chief Executive Officer at Tokeny Solutions, said: “Working with Black Manta Capital Partners allows the both of us to focus on what we do best. We provide the institutional grade tokenization solutions for every BMCP offering and this allows them to focus on what they do best, which is building their investor

Christian Platzer

Christian Platzer, Co-Founder of BMCP, commented: “Tokeny Solutions is one of the top global technology providers in tokenization. Having worked closely with the Tokeny Solutions team for several months, we can say: we speak the same language when it comes to the prospects for our industry and together we could not be more positive about the opportunities for security tokenization in Europe and around the world.”