Tokenise, a new ownership exchange for security tokens, including fractional ownership and royalties, is partnering with ScribeStar, a capital markets technology company, to fully digitalise the admissions process for digital assets on the Tokenise Stock Exchange.
Tokenise is set to be among the world’s first fully regulated global stock exchanges for security tokens. It offers investors and issuers a self-service digital interface that provides 24/7 direct market access. Tokenise’s exchange is used for capital raising, primary issuance, secondary trading, clearing, settlement and registration of security tokens in, for example, buildings, artworks and land.
With its digital platform, ScribeStar has transformed how legal, regulatory and administrative processes are done in the public capital markets space. Since its launch five years ago, ScribeStar’s platform has been used in nearly 90 transactions, of which almost 50 have been publicly announced IPOs or public listings. ScribeStar’s automation and streamlined workflows save time and money for issuers and their teams by making the process digital.