The asset tokenization industry is poised for substantial growth, with BCG projecting the market to reach approximately $16.1 trillion by 2030. This expansion is fueled by the increasing recognition of blockchain's potential to enhance liquidity and transparency in traditionally illiquid markets such as real estate, art, and private equity. As interest from institutional and retail sectors grows, there is a rising demand for sophisticated, compliant, and integrated tokenization services.  

However, navigating the complexities of asset tokenization and digital asset management presents significant challenges for traditional financial institutions and new-age digital platforms alike. As the financial landscape evolves rapidly towards integrating blockchain technologies, many organizations struggle with technical intricacies, regulatory compliance, and the integration of digital assets with traditional banking systems. This often results in fragmented services that can deter institutional investors and asset managers from fully embracing digital transformation.

To address these challenges, Zoniqx and BankWyse have entered a strategic alliance, aimed at enhancing the interoperability of their respective products and services and bridging the gap between traditional banking and the rapidly evolving digital asset economy. This partnership is set to transform the asset tokenization space by providing a seamless, integrated suite of services that supports the issuance, management, exchange, and transfer of digital assets, all within a regulated and compliant framework.

Alliance Overview

This alliance is founded with the focus to remove complexity from digital asset management while offering a full suite of services for our collective customers. Specifically, this integrated suite of solutions leverages Zoniqx’s industry-leading Tokenized Asset Lifecycle Management (TALM) with BankWyse’s custom-built digital asset banking platform.

Institutional investors, asset managers, REITs and other asset owners and issuers will be able to choose from a full suite of services including issuance, management, exchange and transfer of digital asset and tokens; regulated Qualified Custody; transaction processing; escrow services; and commercial banking.

Key Benefits

• Enhanced Interoperability: The alliance will facilitate seamless integration between Zoniqx’s Tokenization Platform as a Service and BankWyse’s banking systems, enabling efficient management and reporting of both fiat and digital assets.

• Regulatory Compliance: BankWyse’s state-chartered custody bank status ensures that all digital and fiat transactions adhere to stringent regulatory standards, providing an additional layer of security and trust for clients.

• Comprehensive Tokenization Services: Zoniqx’s end-to-end platform will streamline the tokenization process for asset issuers, removing technical complexity and enhancing market accessibility.  

• Joint Marketing Initiatives: Both companies will engage in joint marketing efforts to promote the combined expertise and value proposition of their integrated services to potential customers.

“We are thrilled to partner with BankWyse to bring our tokenization technology to a broader market. This alliance will enable us to provide our clients with unparalleled custodial services and facilitate seamless transactions between traditional and digital assets.” - Sanjeev Birari, Co-Founder & CBO, Zoniqx

“Partnering with Zoniqx allows us to offer cutting-edge tokenization solutions to our customers, enhancing our service offerings and solidifying our position as a leader in the digital asset space. Together, we are poised to drive significant innovation and growth in the industry.” - Julie Fellows, CEO, BankWyse

About Zoniqx

Zoniqx ("Zoh-nicks") is a global fintech leader headquartered in Silicon Valley, specializing in converting real-world assets into security tokens. It offers an interoperable, compliant infrastructure for the RWA tokenization market, enabling global liquidity and DeFi integration through its end-to-end ecosystem of SDKs and APIs. Renowned for its innovative Tokenized Asset Lifecycle Management (TALM) system, Zoniqx provides low-code SDKs for seamless RWA tokenization and plug-and-play solutions. Zoniqx pioneers on-chain, fully automated RWA deployment on public, private, and hybrid chains. To explore how Zoniqx can assist your organization in unlocking the potential of tokenized assets or to discuss potential partnerships and collaborations, please visit our contact page.

About BankWyse

BankWyse is a technology-driven financial institution dedicated to supporting institutional investors, financial institutions, and blockchain enterprises with fully regulated solutions for safe, compliant, and integrated fiat and digital-asset services. As a Wyoming state-chartered bank, BankWyse provides regulatory clarity, combined with cutting-edge, institutional-grade technology and unwavering governance and risk protocols, uniquely ensuring customers can safely and securely access, move, and store a broad range of digital assets, while conveniently accessing fiat currencies and payment systems globally.  

For more information, please contact:

Zoniqx Shefali Sharma, Marketing Lead marketing@zoniqx.com

BankWyse Julie Fellows, CEO Connect@bankwyse.com

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