Misyon Financial institution’s Tokenization Platform facilitates the tokenization of shares, actual property, and authorities and company bonds.
Misyon Financial institution, a well-liked Turkish funding financial institution and one of many nation’s first neobanks, launched a real-world asset tokenization platform on the Avalanche community.
Introduced on June 5, Misyon Financial institution described the brand new platform as a “bank-secured end-to-end tokenization solution enabling institutions to tokenize and distribute assets to investors globally.”
Tokenization Platform is obtainable to banks and funding corporations, and helps the tokenization and fractionalization of bonds, funds, firm shares, and actual property.
“Misyon Tokenization Platform will provide a global investor base with seamless access to a variety of underlying investments with just a few clicks,” mentioned Önder Halisdemir, the CEO of Misyon Financial institution. “This solution is ready to be leveraged by any bank or investment institution.”
“Misyon Financial institution has developed a first-of-its-kind tokenization answer,” said Emin Gün Sirer, the founder and CEO of Ava Labs. “We are proud to support this project, allowing public and private institutions to meet global investor demands without compromising on security or compliance.”
The news comprises the latest example of the accelerating adoption of tokenized real-world assets from legacy monetary establishments.
In response to Rwa.xyz, the worth of tokenized U.S. treasuries, bonds, and money equivalents has tripled over the previous 24 months, with greater than $1.5 billion value of belongings presently on-chain.
Trying forward, Misyon predicts the worth of tokenized belongings will exceed $1 trillion by 2030, including that Tokenization Platform is nicely positioned to draw capital from international sources and drive important development for the Turkish economic system.
Misyon Financial institution additionally introduced that it’s the first monetary establishment providing company Eurobonds and Turkish sovereign bonds to retail buyers, which it provides through Tokenization Platform.
“By offering tokenized Eurobonds to individuals, the platform allows investors to diversify and protect their investments from currency depreciation while benefiting from the stability of Euro-denominated assets,” Misyon Financial institution mentioned.
Taurus, a digital asset custodian, will present custody companies for Tokenization Platform customers.
“Misyon Tokenization Platform ensures that all tokenized Eurobonds are secured at the highest level,” mentioned Lamine Brahimi, the co-founder and managing associate of Taurus. “Taurus’ advanced custody technology provides robust protection [and] every interaction with Avalanche smart contracts also remains secure through our integrated asset servicing engine.”
