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Sologenic, a market ecosystem built on XRP Ledger, today announced SoloNex, the solution is designed to benefit banks, brokerage firms, investment firms and exchanges globally to provide new services or enhance existing services using blockchain technology.
SoloNex is a turnkey solution that provides financial institutions with the ability to tokenize different asset classes such as stocks, ETFs, stocks and real estate. Other SoloNex features include fractional trading to enhance user affordability and launching funding rounds using transparent blockchain technology. Institutions can control full custody of assets or reduce risk and liabilities by allowing users to withdraw tokenized assets on their private wallets. This solution will allow users to trade assets 24/7, even when traditional financial markets are closed.
Built on the fast and scalable XRP blockchain, SoloNex is a secure and scalable asset tokenization solution designed for financial markets. The company behind the main development of XRP Ledger is Ripple Labs Inc.
“SoloNex is the perfect turnkey solution to organize a tokenization brokerage business. Our ATIP (Asset Tokenization Institutional Platform) is a perfect fit for both: startup or early stage brokers and established brokers and banks looking to diversify their product portfolio by leveraging DeFi blockchain technologies. SoloNex is a complete cycle solution with all the components necessary for the management of a brokerage and tokenization business. Ease of use and device compatibility are ensured by advanced technological components, including mobile and web terminals. It provides traders with the most powerful platform for trading classic investment assets on the blockchain. “
– Dmitri Litvonovich, Chief Product Officer of Sologenic
sologenic.com/solonex
