Dusk, a prominent Decentralized Ledger Technology (DLT) solutions provider with a market capitalization of €120 million, and NPEX, a Netherlands-based stock exchange, announced their partnership to establish Europe’s first fully regulated security exchange for digital assets according to a recent press release.
According to the release, Dusk and NPEX’s solution leverages blockchain technology to create a secure, transparent and efficient exchange for security tokens, which are tokenized securities such as stocks or exchange-traded funds.
NPEX is known for its innovative approach in the European financial sector and has a community of 15,000 engaged investors. The company has successfully facilitated 97 financings in small to medium-sized enterprises, raising over €185 million.
Conversely, Dusk facilitates easy access to funding, trade and automation by integrating smart contracts, transforming conventional procedures. The platform provides institutions with immediate clearing and settlement, automated compliance, low liquidity fragmentation and improved operational efficiency.
The long-term strategic collaboration between the two companies involves a commitment to lead the development of new features customized to meet the changing demands of NPEX and its customers, ensuring that the exchange stays innovative in the financial services industry.
The news comes close to four years after CoinDesk reported about Dusk Network’s acquisition of up to 10% in stock holdings from NPEX. At the time, Dusk was also said to be involved in another partnership with Netherlands-based company Firm24, which included plans to tokenize equity for thousands of Dutch companies.
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According to the release, Dusk and NPEX’s solution leverages blockchain technology to create a secure, transparent and efficient exchange for security tokens, which are tokenized securities such as stocks or exchange-traded funds.
NPEX is known for its innovative approach in the European financial sector and has a community of 15,000 engaged investors. The company has successfully facilitated 97 financings in small to medium-sized enterprises, raising over €185 million.
Conversely, Dusk facilitates easy access to funding, trade and automation by integrating smart contracts, transforming conventional procedures. The platform provides institutions with immediate clearing and settlement, automated compliance, low liquidity fragmentation and improved operational efficiency.
The long-term strategic collaboration between the two companies involves a commitment to lead the development of new features customized to meet the changing demands of NPEX and its customers, ensuring that the exchange stays innovative in the financial services industry.
The news comes close to four years after CoinDesk reported about Dusk Network’s acquisition of up to 10% in stock holdings from NPEX. At the time, Dusk was also said to be involved in another partnership with Netherlands-based company Firm24, which included plans to tokenize equity for thousands of Dutch companies.
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