Apex Group, a global financial services provider founded in Bermuda, has acquired a majority stake in Tokeny, a Luxembourg-based tokenisation platform, as part of its strategy to lead the institutional adoption of digital assets. The deal, announced today, builds on Apex's initial investment in Tokeny in December 2023 and will see Apex gain full control of the company over the next three years.

Tokeny specialises in enterprise-grade tokenisation solutions, enabling financial institutions to issue, manage and transfer tokenised securities across various blockchain networks. The firm has tokenised more than €28 billion ($31.6 billion) in assets and developed the ERC-3643 standard for compliant tokenisation.

Peter Hughes, the founder and chief executive of Apex Group, stated: “As a majority owner, Apex Group is enhancing its ability to deliver comprehensive, future-proof solutions to our clients. Tokenisation is a foundational shift in how assets will be managed, distributed and accessed. Our strengthened partnership with Tokeny is key to delivering on our vision to be the infrastructure provider in the digital era of finance.”

Luc Falempin, the CEO of Tokeny, said: “Expanding our partnership to now being part of Apex Group enables us to move faster and serve more institutions with a truly global footprint. In the last six years, we’ve built a robust tokenisation infrastructure and an active ecosystem of partners. But to bring tokenisation to scale, institutional distribution and credibility are key, and that's exactly what Apex Group brings to the table. We’re proud to align with their vision to deliver tangible innovation to the financial industry.”

The company said the acquisition aligns with Apex Group’s broader strategy to integrate blockchain technology into its services. By combining Tokeny's technology with Apex's global reach, the partnership aims to accelerate the adoption of tokenised finance across institutional markets.

Tokeny’s solutions will be integrated into Apex’s single-source offering, and is expected to simplify the transition to digital assets for asset managers and institutional investors.