Data analytics firm Inveniam announces acquisition of on-chain asset tokenization platform Swarm Markets
ChainCatcher News, according to DL News, data analytics company Inveniam has announced the acquisition of the on-chain asset tokenization platform Swarm Markets. The transaction amount was not disclosed. Swarm Markets co-founder Philipp Pieper stated that this deal will provide scalable on-chain asset infrastructure for professional and institutional investors such as asset managers, private equity and credit institutions, custodians, and market makers.
In October this year, Inveniam had already acquired decentralized cloud storage provider Stor. With Swarm Markets' years of compliance experience and Inveniam having already tokenized over $200 billions in private assets, the combination of the two will bring transparency and liquidity innovation to the traditionally opaque private markets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Mirae Asset cuts SamsungFN REIT stake to 13.59% from 13.78%###
Mirae Asset Global Investments cuts Mirae Asset Global REIT stake to 25.22% from 25.4%
Mirae Asset trims D&D Platform REIT stake by 290 shares to 14.22%
SpaceX (SPCX.US) sees its first signal of executive stock reduction after listing, as the President plans to sell $52 million worth of shares ahead of Starship’s first orbital test.
SpaceX President plans to sell nearly $52 million worth of shares, while transactions involving Trump's account in July have attracted attention.
Crypto prices
More
