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TALLINN, Estonia, November 18, 2020 (GLOBE NEWSWIRE) – Sologenic announced SOLONEX: Next Generation Tokenization Brokerage for Financial Institutions. The SOLONEX solution can benefit banks, brokerage firms, investment firms and exchanges globally to provide new services or improve 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 features of SOLONEX include fractional trading to enhance user accessibility and the launch of 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 the most secure and scalable asset tokenization solution designed for financial markets. The company behind XRP Ledger’s main development is Ripple Labs Inc. Ripple works with more than 200 financial institutions from 40 different countries, a clear indicator of its growing prowess in the payments industry.
“SOLONEX is the perfect turnkey solution for organizing a tokenization brokerage business. Our ATIP (Asset Tokenization Institutional Platform) is perfect 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 full-cycle solution with all the components needed to manage 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.
To find out more visit: https://www.sologenic.com/solonex
About Sologenic:
Sologenic is a sophisticated ecosystem built on XRP Ledger. Facilitates investing and trading between crypto and non-blockchain assets such as stocks, ETFs and commodities from over 30 major global exchanges. Learn more about https://www.sologenic.com
About CoinField:
CoinField is a Europe-based fiat-to-crypto exchange regulated and supervised by the Financial Intelligence Unit (FIU) with license numbers FVT000111.
Press and media inquiries
Darren Amner
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