October 11, 2023
DigiShares has announced today that its tokenization platform has achieved full compatibility with the Fantom network. This includes every aspect of token operations, from minting and trading to managing tokenized share cap tables and facilitating dividend payments.
The DigiShares Token Studio, which provides a process to tokenize real-world assets (RWA) in a legally compliant manner, has become available on the Fantom blockchain. This process establishes a legally binding link between the token, the legal entity, and the underlying asset.
A common application involves tokenizing shares of a company that possesses the assets, with project sizes typically running from $1 million to $100 million. Now combining this with Fantom technology, real-world asset (RWA) businesses will be able to scale their businesses across the globe within seconds at minimal cost.
In this new exciting phase, DigiShares has teamed up with Fantom to disrupt the real-world asset industry. This collaboration will leverage the tokenization capabilities of DigiShares and the robust infrastructure of Fantom.
Claus Skaaning, Co-Founder and CEO of DigiShares, expressed this enthusiasm, “We are really looking forward to partnering with Fantom on this exciting venture. We are pleased that they recognize the potential and adaptability of our platform.”
Michael Kong, CEO and Director from Fantom also commented, “DigiShares stands out in the rapidly growing tokenization landscape. Our collaboration promises immense potential for Real World Asset projects and users leveraging Fantom technology”
About DigiShares
DigiShares is one of the leading providers of white-label tokenization platforms for real world assets, combining financing, corporate management, and trading in an end-to-end solution. Our solutions enable asset owners and fund managers to digitize and automate processes, to reduce administrative cost, to reduce the ticket size to fractionalize and democratize and enable retail investors to participate, and finally to provide a huge increase in liquidity through the built-in marketplace that enables shareholders to trade their assets.
