Misyon Financial institution’s Tokenization Platform facilitates the tokenization of shares, actual property, and authorities and company bonds.
Misyon Financial institution, a well-liked Turkish funding financial institution and one of many nation’s first neobanks, launched a real-world asset tokenization platform on the Avalanche community.
Introduced on June 5, Misyon Financial institution described the brand new platform as a “bank-secured end-to-end tokenization answer enabling establishments to tokenize and distribute property to traders globally.”
Tokenization Platform is on the market to banks and funding firms, and helps the tokenization and fractionalization of bonds, funds, firm shares, and actual property.
“Misyon Tokenization Platform will present a world investor base with seamless entry to quite a lot of underlying investments with only a few clicks,” mentioned Önder Halisdemir, the CEO of Misyon Financial institution. “This answer is able to be leveraged by any financial institution or funding establishment.”
“Misyon Financial institution has developed a first-of-its-kind tokenization answer,” mentioned Emin Gün Sirer, the founder and CEO of Ava Labs. “We’re proud to assist this challenge, permitting private and non-private establishments to fulfill world investor calls for with out compromising on safety or compliance.”
The information contains the most recent instance of the accelerating adoption of tokenized real-world property from legacy monetary establishments.
In keeping with Rwa.xyz, the worth of tokenized U.S. treasuries, bonds, and money equivalents has tripled over the previous 24 months, with greater than $1.5 billion price of property at the moment on-chain.
Trying forward, Misyon predicts the worth of tokenized property will exceed $1 trillion by 2030, including that Tokenization Platform is nicely positioned to draw capital from world sources and drive important development for the Turkish economic system.
Misyon Financial institution additionally introduced that it’s the first monetary establishment providing company Eurobonds and Turkish sovereign bonds to retail traders, which it presents through Tokenization Platform.
“By providing tokenized Eurobonds to people, the platform permits traders to diversify and shield their investments from forex depreciation whereas benefiting from the soundness of Euro-denominated property,” Misyon Financial institution mentioned.
Taurus, a digital asset custodian, will present custody providers for Tokenization Platform customers.
“Misyon Tokenization Platform ensures that every one tokenized Eurobonds are secured on the highest degree,” mentioned Lamine Brahimi, the co-founder and managing associate of Taurus. “Taurus’ superior custody know-how gives sturdy safety [and] each interplay with Avalanche sensible contracts additionally stays safe via our built-in asset servicing engine.”
