DigiShares

InvestBay and DigiShares Partner to Revolutionize Real Estate Investing

April 10, 2024

InvestBay is a platform aimed at democratizing real estate investment through the concept of crowd-owning via innovative technology. It allows individuals to invest in real estate with smaller amounts of capital, making property investment accessible to a broader audience. The platform utilizes blockchain technology to ensure transparency, security, and efficiency in managing real estate investments. InvestBay’s mission is to simplify the investment process, enabling investors to benefit from both rental income and capital appreciation without the hassle of traditional real estate ownership responsibilities

InvestBay will be using DigiShares’ white label technology to tokenize real estates. 

“We built InvestBay in such a way that it is similar to real ownership but in smaller fractions. Investors benefit from two potential revenue streams – rental income and capital value growth over time. It is also hassle-free ownership, because InvestBay will take care of everything with their partners. This includes finding guests, maintenance, cleaning, checking guests in and out – all the usual headaches of fully owning a property. In summary, InvestBay allows investments into real assets, in small fractions and will be hassle-free.” says Daniel Rajnoch, CEO and founder InvestBay.

The first successfully funded and tokenised property was an apartment/suite in the Royal Marbella Golf Resort, located in the world-renowned Costa del Sol area of Spain – one of Europe’s leading vacation hotspots. 

Claus Skaaning, Co-Founder and CEO of DigiShares, stated about the partnership: We are very excited about collaborating with InvestBay on democratization of real estate investment and happy that they see our white label tokenization platform as a good fit for their requirements. Together with InvestBay we share the vision that one day everyone will be able to invest in attractive real estate assets to longer term help close the global wealth gap”.

Daniel Rajnoch, founder and CEO, said: “We view DigiShares as one of the leading players in the fast-growing tokenization industry and look forward to collaborating. We see great value in the tokenization of real estate as a vehicle for enabling liquidity and creating equal opportunity access to this investment sector for smaller retail investors.” 


About InvestBay

InvestBay is a Czech online platform allowing investors to invest in holiday properties across Europe and potentially wider geographies.It utilizes the concept of “crowd-owning” which is a co-ownership model that allows individuals to invest in real estate together with others. Each investment property opportunity can be co-owned by tens to even hundreds of micro-investors who can start investing from as little as 100 EUR. And that’s not all. Our investment community not only benefits from the potential income and appreciation of their investments, but can also enjoy the physical usage of those properties on preferential terms. 

Website | Linkedin

About DigiShares

DigiShares is 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.

Website | LinkedIn | Twitter

Equito App – Making Real Estate Investment Accessible to Everyone with DigiShares

March 18th, 2024

Equito’s collaboration with DigiShares underscores their commitment to democratizing real estate investment. Through tokenization and strategic partnerships, Equito empowers individuals to participate in the lucrative real estate market, revolutionizing investment accessibility and fostering financial inclusion. As they continue to expand their offerings and explore innovative blockchain solutions, Equito is poised to shape the future of real estate investment.

About Equito

Equito is a pioneering Spanish start-up operating at the intersection of real estate and financial technology. Their mission is to revolutionize the accessibility of real estate investment opportunities, making it available to individuals with as little as €100 to spare. To achieve this vision, Equito leverages tokenization technology, breaking down traditional barriers to entry and offering investors proportional ownership in lucrative real estate assets.

Equito’s Approach:

Equito’s innovative approach involves tokenizing residential real estate properties valued between €100,000 to €350,000 into tokens worth €100 each. Investors can purchase these tokens, representing proportional economic rights over the property. Once all tokens are sold, Equito acquires the property. The management and rental income generated from the property are handled by Equito, with profits distributed among token holders based on their percentage ownership. For instance, owning 1% of the tokens entitles an investor to 1% of the net rental income. Additionally, when Equito sells the property, token holders also share in the capital gains realized from the sale. This innovative model provides investors with a passive income stream through rental earnings and potential capital appreciation upon property disposition.

This fractional ownership model allows investors to participate in rental income and potential capital gains. By dividing properties into tokens, Equito enables investors to enter the real estate market with minimal capital, opening up lucrative investment avenues previously inaccessible to many.

Why Tokenization?

Equito recognizes several key advantages of tokenization:

  • Lower Entry Barrier: Fractional ownership reduces the minimum investment amount, democratizing access to real estate markets.
  • Enhanced Liquidity: Tokens facilitate easy exchange between users, increasing market liquidity.
  • Transparency: Blockchain technology ensures transparency in contracts and transactions, fostering trust among investors.

The First Project:

Equito’s first project involved a four-bedroom property in Barcelona valued at €317,741. Through tokenization, they attracted investment from 943 individuals, renting out the property on a per-room basis. Despite the initial challenges, Equito successfully financed the project in seven months, with subsequent projects achieving funding in as little as one hour to one week.

Partnership with DigiShares:

Equito’s choice of DigiShares’ white-label technology for tokenization proved instrumental in their success. By entrusting tokenization to DigiShares, Equito could focus on user experience and business growth, accelerating their market penetration and enhancing investor confidence.

Blockchain Integration:

Equito opted to issue their Equito Tokens on the Polygon blockchain, prioritizing scalability and cost-effectiveness. However, they remain open to exploring other blockchain solutions in the future to maintain a competitive edge.

Target Audience and Minimum Investment:

Equito primarily targets retail investors in Spain, offering a minimum investment of €100. Their platform has garnered significant traction, with over 110,000 downloads and approximately 70,000 registered users, reflecting the growing demand for accessible real estate investment opportunities.

Learn more about Equito App here: https://equito.app

About DigiShares

DigiShares provides white-label solutions for the issuance, corporate management and trading of digital assets. With offices in Denmark, the US and Germany, DigiShares is a global provider of tokenization software for investment management, corporate management, and trading of tokenized securities. DigiShares has around 150 clients globally using its software.

Website: www.digishares.io | www.realestate.exchange

LinkedIn | Twitter

Polygon and DigiShares to Collaborate on Creating Decentralized ID Framework for the Tokenization Ecosystem

December 4th, 2023

Leading companies in the DeFi and tokenization ecosystem, Polygon and DigiShares, join forces to create a new DID framework for tokenization, securities-based DeFi dApps and institutional DeFi, tentatively named DITO (Decentralized ID for Tokenization).

For several years, various parties have attempted to introduce a standard for decentralized ID (DID). All attempts so far have failed, sometimes due to vendor lock-in, profit-taking, other times due to the technology not being good enough or insufficient marketing. Maybe the stigma of ID vs KYC vs anonymity has also hindered the development of a standard.

This is a great pity as it prevents the blockchain ecosystem from delivering on one of the major value propositions, namely interoperability. How will dApps be able to interoperate if there is no widely adopted standard for DID? How will the crypto ecosystem survive and flourish with new KYC requirements from regulators across the world (e.g., MiCA)?

The answer: with a single, trusted, high quality DID framework: DITO.

DigiShares and Polygon are collaborating to create a global framework for open, transparent, secure, flexible DID with the standardization of verifiable credentials. The credential framework proposed by DigiShares is the key factor to the introduction of interoperability between KYC providers, exchanges and platform providers. KYC providers Sumsub and Fractal ID will be among the first to be integrated into the new standard.

The framework will be based on Polygon’s ID technology of issuing verifiable credentials and designed with fields crucial for KYC. These credentials will be used for white-listing and verification of wallets which will enable compliant on-chain issuance and trading of tokenized assets in real time. Polygon ID works across all EVM-compatible chains and is not restricted to the Polygon PoS chain. Polygon ID was created as an identity infrastructure for Web3 following the principles of self-sovereign identity and privacy by default.

To ensure sufficient support from industry participants, a new DID framework must not be dominated by any single actor – or group of actors. It must not be tied to any specific ERC protocol such as other proposed DID standards. It must be open for any KYC or accreditation provider to use and to assign verifiable credentials. And it must be available for free for any dApp to use. Under no circumstances may it be tied to any specific vendor’s ecosystem. And under no circumstances may it be a source of revenue or profit for any actor in the ecosystem.

Polygon ID is the current best bet for a DID standard that can power the tokenization ecosystem and make it interoperable. Polygon ID is already supported by many industry participants and it can be extended to support tokenization requirements for wallet white-listing and ID verification.

DigiShares and Polygon are collaborating to create this extension of Polygon IDs verifiable credentials with the goal to create a general purpose and widely adopted DID standardization. Two leading KYC providers, Sumsub and Fractal ID, have joined forces to support the new framework.

Sebastián Rodríguez, VP of Product at Polygon, mentioned: “This effort from DigiShares aligns quite well with our objective at Polygon ID of creating an ecosystem of re-usable identity. The DITO initiative is a great way to bring together industry actors interested in combining tokenized assets with a compliant identity layer to agree on a common framework. Reusable frameworks favor interoperability and pave the way for eventually forming industry standards”.

Claus Skaaning, CEO of DigiShares, stated, “This is one of the last building blocks needed to make the tokenization ecosystem interoperable and cohesive. We believe that Polygon is exactly the right partner to make this happen”.

DigiShares is a market-leading provider of tokenization infrastructure and soon the operator of one of the world’s first blockchain-based exchanges for real estate (RealEstate.Exchange). Sumsub and Fractal ID are market-leading providers of KYC infrastructure for crypto & blockchain. Polygon is of course the market leading L2 chain in the Ethereum ecosystem but also an excellent business development organization.

We invite issuers, platform providers, exchanges, KYC providers, and dApp developers to come work with us to ensure that this becomes an open framework accessible to all.

Technically, the Polygon ID SDK for issuing verifiable credentials will be utilized for KYC providers to easily plug into the framework such that their KYC verification can be turned into a verifiable credential that is inserted into the user’s DID. DIDs can be created by trusted KYC providers and can expire after a period of time.

Collaboration with trusted KYC providers enables data integrity for the framework to be reusable on multiple platforms simultaneously. With this vision a user needs to verify their identity just once and afterwards is able to join any platform which supports the verifiable credential framework. 

The base of the verifiable credential framework will be expandable to suit the needs of parameters for different jurisdictions. These can include elements of the KYC verification such as liveness test, time of creation, KYC provider that created it, etc. In a way this can be compared to the popular ERC20 standard and its extensions, where the base layer stays the same to achieve standardization and companies build on top of it to extend its functionality to their needs.

The parties will create a central page where users can create their own DID – powered by various KYC providers – at a small cost in gas fees. Issuers and platform providers will be able to create DIDs for their users, based on credentials from trusted KYC providers.

Initially, all 150+ white label tokenization clients of DigiShares will get the option to create DIDs. Moreover, RealEstate.Exchange, the forthcoming blockchain-based exchange for the trading of real estate; will adopt the DID framework, in order to facilitate the transactions between 1,000s of listings and 100,000s of users.

Future plans include incorporating accreditation checks into the standard. To start with, Polygon, Ethereum and their test-net counterparts (mumbai, sepolia) will be supported. 

A number of wallets will be supported from the start, including Metamask, Altme, Verida, Wallid, Clv, etc.

To learn more or join us, reach out to [email protected] or [email protected]

https://www.digishares.io/
https://polygon.technology/
https://web.fractal.id/
https://sumsub.com/

DigiShares and Equito App Partner to Make Real Estate Investment Accessible to Everyone

15 February 2024

DigiShares, a leading provider of white-label tokenization platforms, is excited to announce a strategic partnership with Equito App, a Spanish start-up in the real estate and fintech domain. This partnership aims to enable anyone to invest in real estate starting from €100, in just 2 minutes, and receive monthly rental income.

Equito App will be using DigiShares’ white-label technology to tokenize residential real estate properties.

The Spanish fintech firm has chosen the Security Tokens Offering framework to tokenize the properties. This financial instrument involves a participative loan where individuals lend money against variable interest rates, depending on the rents of a specific property.

By utilizing DigiShares’ white-label technology to tokenize various properties, Equito App focuses on providing their users with a seamless experience. In less than 2 minutes, users can sign up for a free account and complete verification. With access to an exclusive range of real estate opportunities, investors can easily navigate and select properties that align with their investment goals. By purchasing tokens representing financial rights to their chosen properties, investors can start earning monthly rental income directly deposited into their app accounts. 

Once all tokens are sold, Equito acquires the property. The management and rental income generated from the property are handled by Equito, with profits distributed among token holders based on their percentage ownership. For instance, owning 1% of the tokens entitles an investor to 1% of the net rental income. Additionally, when Equito sells the property, token holders also share in the capital gains realized from the sale. This innovative model provides investors with a passive income stream through rental earnings and potential capital appreciation upon property disposition.

Claus Skaaning, CEO of DigiShares, stated, “We are thrilled to be Equito App’s partner on this exciting project. Our white-label tokenization platform is specifically designed to help companies like Equito App break down the entry barriers to real estate investing.”

Robin Decaux, CEO of Equito App, said: “We are excited to collaborate with DigiShares, a leading player in the fast-growing tokenization industry. We believe that the tokenization of real assets has the potential to liquidate properties and make real estate investments more accessible. We look forward to working with DigiShares to achieve our vision for Equito App.”

About DigiShares

DigiShares provides white-label solutions for the issuance, corporate management and trading of digital assets. With offices in Denmark, the US and Germany, DigiShares is a global provider of tokenization software for investment management, corporate management, and trading of tokenized securities. DigiShares has around 150 clients globally using its software.

Website: www.digishares.io | www.realestate.exchange

LinkedIn | Twitter

About Equito

Equito is a mobile app that offers simplified investments in real estate starting from €100. It allows anyone aged 18 and above to invest in rental opportunities and receive monthly rents. Our mission is to democratize access to real estate investment opportunities for all.

https://equito.app

DigiShares expands involvement with Polymesh, joining the public permissioned blockchain’s network of Node Operators

30 January 2024

The Polymesh Association is delighted to announce that the leading white-label tokenization software provider DigiShares is expanding its involvement in the Polymesh ecosystem as the latest Node Operator!  

The news is the latest in a series of ongoing collaborations between the premier public permissioned blockchain Polymesh and DigiShares, which was an early supporter of Polymesh’s development as well as an early integrator of Polymesh technology

As a Node Operator, DigiShares joins a network of 17+ other licensed financial entities managing the nodes that keep the Polymesh blockchain secure and operational in accordance with proof-of-stake consensus. For Polymesh, this brings enhanced security and trust through greater decentralization, as well as increased exposure to DigiShares’ 150+ clients across more than 40 countries.

“Our mission is to enable our clients to make the best technology choices by exposing them to the best protocols and blockchains like Polymesh,” said Claus Skaaning, CEO of DigiShares. “As institutions begin to focus more on public permissioned environments, and we continue our work to support Polymesh issuances, becoming a Node Operator on Polymesh was an obvious choice.”

DigiShares is an end-to-end white-label platform for tokenized securities specializing in tokenizing large real-world assets such as real estate. Key features of the DigiShares platform include an automatically-updating cap table for on-chain transactions, investor onboarding, and a bulletin-board trading system. 

“The Polymesh ecosystem takes pride in integrations and participation from companies like DigiShares, who are clearly focused on the future and building meaningful technology for issuance, compliance, and corporate management––all things Polymesh is built for,” said Graeme Moore, Head of Tokenization at the Polymesh Association. “We’re excited to have DigiShares further participation on the network as a Node Operator and for the extra exposure this will bring globally to their clients.” 

To learn more about how DigiShares integrates with Polymesh to unveil enhanced tokenization services on the public permissioned blockchain, visit here.

About DigiShares

DigiShares provides white-label solutions for the issuance, corporate management and trading of digital assets. With offices in Denmark, the US and Germany, DigiShares is a global provider of tokenization software for investment management, corporate management, and trading of tokenized securities. DigiShares has around 150 clients globally using its software.

Website: www.digishares.io | www.realestate.exchange

LinkedIn | Twitter

About Polymesh

Polymesh is an institutional-grade permissioned blockchain built specifically for regulated assets. It streamlines antiquated processes and opens the door to new financial instruments by solving challenges around governance, identity, compliance, confidentiality, and settlement.
Visit polymesh.network to learn more.

DigiShares and Custowner® Mobility Partner to Innovate Sustainable Urban Mobility Through Asset Tokenization

January 8th 2024

DigiShares, a leading provider of white-label tokenization platforms, is excited to announce a strategic partnership with Custowner® Mobility, a leader in shared urban mobility solutions. This partnership aims to revolutionize the landscape of urban mobility by leveraging DigiShares’ cutting-edge technology to tokenize assets that will shape the future of sustainable transportation.

Custowner® Mobility is poised to revolutionize shared urban mobility through innovative tokenization strategies. By leveraging the power of blockchain technology, Custowner® aims to democratize access to eco-friendly transportation. Their platform will allow users to become custowners (customer and owner), granting them a stake in shared mobility assets such as electric bikes and compact electric cars. This initiative will empower individuals to subscribe to electric bikes or small electric cars through an innovative app (MAAS – mobility as a service), providing a seamless and eco-conscious way to commute. Additionally, families can enjoy on-demand rentals for minibus vacations, further promoting shared and sustainable travel experiences.

By using DigiShares’ white-label technology to tokenize a range of assets (including electric bikes and compact electric cars), Custowner® Mobility is dedicated to addressing climate change, air pollution and the need for eco-friendly urban transportation by promoting clean, convenient and affordable commuting solutions.

Key Collaborative Projects:

  • A platform for electric bike and compact electric car subscriptions.
  • On-demand minibus rentals for families.
  • Tokenization of assets to promote clean, convenient, and affordable commuting solutions.

Claus Skaaning, CEO of DigiShares, stated, “Our partnership with Custowner® Mobility marks a significant step forward in the application of asset tokenization for sustainable urban mobility. Their innovative approach aligns perfectly with our technological capabilities.

Norbert Palfalvi, CEO of Custowner® Mobility, added, “DigiShares is a trailblazer in the tokenization sector. Their platform allows us to unlock the untapped potential of tokenized mobility assets, providing liquidity and democratized access for users.”

About Custowner® Mobility

Custowner® Mobility is committed to combating climate change and improving urban living through innovative technology. The company leverages strategic partnerships and a skilled team to pursue unparalleled growth, guided by DigiShares’ white-label technology.

Website | Linkedin

About DigiShares

DigiShares provides white-label solutions for the issuance, corporate management and trading of digital assets. With offices in Denmark, the US and Germany, DigiShares is a global provider of tokenization software for investment management, corporate management, and trading of tokenized securities. DigiShares has around 150 clients globally using its software.

Website: www.digishares.io | www.realestate.exchange

LinkedIn | Twitter

Coreestate chose DigiShares’ white-label technology to revolutionize rental real estate market.

January 2nd, 2024

Discover why Coreestate, a Danish real estate developer, chose DigiShares’ white-label technology to tokenize a residential real estate asset in Vejle, Denmark. Read the interview with Kristaps Cuders, Co-Founder and CEO at Core estate and gain invaluable insights into their tokenization journey.

About Coreestate and their business

“Coreestate operates in real estate tokenization industry. Our first project is live from July 2023, however, the company was founded at the end of 2021. Coreestate is acquiring old buildings that can be renovated and further raising capital through tokenization for the renovation of the buildings. We offer investors an opportunity to invest in tokens that are backed by real-world real estate and to earn passive income from tenant rental payments.

Our business model consists of identifying investment properties, negotiating the purchase with the owner, planning engineering, architectural, construction, and financial aspects of the project, acquiring necessary permits from the municipality, issuing tokens backed by the property, raising capital for renovation, renovating the building, finding tenants, renting the property, and maintaining it.”

Why tokenization?

“We see tokenization as an alternative way of raising capital for renovation projects. Tokenization allows us to be independent of bank loans and allows us to offer attractive investment opportunities for the broader public. Tokenization will also allow tenants to be responsible only for maintenance fees and interest payments, instead of hefty down payment and monthly mortgage fees. With the help of blockchain technology, we can disrupt the market and make real estate affordable, accessible, and tradable.”

Which property is being tokenized?

“GREV 55 – the property is located in the Danish city, Vejle. It has a unique location on the top of the hill close to Vejle city center. It has a private driveway and parking for residents. The area around the building is rich with beautiful nature while located right by the city center. GREV55 property comprises stand-alone three storey building which has total gross area of 396m2. The land plot that belongs to the building is 918m2, which will allow residents to have plenty of outside area located close to the house. Originally, the building was built in 1912, it has undergone multiple modernizations, however, at the moment it needs to be renovated to meet modern standards. 

The renovation process consists of rebuilding 3 apartment buildings into 5 modern and energy efficient apartments ensuring that future tenants have a pleasant, attractive and cost efficient house to live in. During the renovation process it is planned to renovate the facade by thermo isolating it, replace windows, doors, electrical installations, plumbing, heating systems and refurbish interior.

We estimate that the building’s market value after renovation will be 2 million € and yearly rent collected will be 70,000€. It serves as a great investment property in one of the most stable real estate markets – Denmark.”

Why DigiShares was the perfect choice for Coreestate?


“DigiShares’ white-label tokenization platform has enabled us to enter the real estate market and offer our fractionalized assets, even without prior experience as a real estate developer, software developer, or financial service provider. Since collaborating with DigiShares, we have become part of a supportive community, where everyone works together to foster growth and achieve their goals.”

The seamless integration between DigiShares and Corestate

“Tokenization allows us to change the ownership of the property to the masses and not one individual or company. Tokenization made capital raising more effective, allowing us to manage shares and fractionalize offerings without having manual processes.

We see that tokenization will be at the core of our business operations, by allowing us to raise capital for different real estate investment projects.”

Which Blockchain are you using and why was it selected?

“Ethereum – it is the most widely used blockchain in the tokenization space and serves as a stable and secure network for security tokens.”

In which countries are you targeting investors?

“As we are a Danish firm, our target market is the European Union. However, we see Danish, Norwegian, and Dutch investors as our primary target users.”

Are you targeting retail, professional or institutional investors or all three?

“We are targeting all three, for properties of high value it may be difficult to raise capital from retail investors only, however, we are working on some exciting updates that will make the investment experience very simple for investors, thereby allowing retail investors without experience to buy tokens in an easy and simple manner.”

Are you considering listing your assets on an exchange? Which exchange?

“Yes, certainly, we want to list our assets on a secondary exchange, thereby increasing the liquidity of our tokens and making our investment offerings more attractive. 

We plan to launch on REX, RealEstate.Exchange by DigiShares.”

What is the minimum investment amount for investors?

100€ minimum investment.

About DigiShares

DigiShares provides white-label solutions for the issuance, corporate management and trading of digital assets. With offices in Denmark, the US and Germany, DigiShares is a global provider of tokenization software for investment management, corporate management, and trading of tokenized securities. DigiShares has around 150 clients globally using its software.

Website: www.digishares.io | www.realestate.exchange

LinkedIn | Twitter

About Corestate

Coreestate: Pioneering Sustainable Real Estate with Blockchain and Web3. At Coreestate, we’re on a mission to redefine the real estate industry, making sustainable and affordable living a reality for all. As a cutting-edge Proptech startup, we’re excited to introduce the first groundbreaking Tokenized Real Estate project – GREV55.

Website | GREV55

DigiShares integrates with Polymesh to unveil enhanced tokenization services on the public permissioned blockchain

December 14th, 2023

The Polymesh Association proudly announces the completion of a landmark integration between industry-leading white-label tokenization platform, DigiShares, and the Polymesh blockchain. 

The integration marks a pivotal moment for real world asset tokenization, as DigiShares now offers enhanced tokenization services on Polymesh for its global network of 150+ clients looking to tokenize large real estate assets. With DigiShares’ integration with Fireblocks, the self-custodial wallet infrastructure’s 1500+ institutional customers may also tokenize assets and funds on Polymesh directly via DigiShares’ solution.

As part of the integration, DigiShares also supports the migration of its clients’ existing ERC-1400 and ERC-1404 assets from Ethereum to Polymesh, embracing the shift towards tokenization on purpose-built infrastructure.

The DigiShares–Polymesh collaboration is the first completed project funded with Polymesh’s Ecosystem Development Fund. Its primary objective is to extend DigiShares’ tokenization platform to comprehensively support Polymesh by integrating Polymesh functionality including token minting, advanced token configuration, wallet whitelisting via approved KYC providers, and enforceable transfer restrictions.

Specifically, the integration with Polymesh equips DigiShares with offering the following capabilities for its clients: 

  • Basic minting and advanced configuration of Polymesh security tokens
  • Integration of onchain IDs into DigiShares’ KYC system
  • Support for investors to transact in crypto and receive Polymesh-native tokens
  • Dividend payouts and atomic swap smart contracts for peer-to-peer trading
  • Secure custody of Polymesh digital currencies (e.g. stablecoins) and assets

“With its specialized focus on regulated assets and robust compliance and settlement infrastructure, Polymesh fits seamlessly with our mission to empower industries like real estate through the effortless tokenization and management of large assets,” says Claus Skaaning, CEO and Co-Founder of DigiShares. “By leveraging Polymesh’s unique features for security tokens, we can provide our clients with a highly secure ecosystem for transparent, efficient, and compliant transactions.” 

DigiShares, an early supporter of Polymesh, specializes in tokenizing large real world assets (RWA) such as real estate. Its platform enables the complete lifecycle management of security tokens, investor onboarding, KYC processes, and investor crypto wallet management. Its key features include an automated cap table for onchain transactions, streamlined investor onboarding, and an efficient bulletin-board trading system. 

“The integration with DigiShares solidifies not just the tokenization provider’s commitment to the Polymesh ecosystem, but the future of real world assets within a secure, compliance-capable environment,” says Graeme Moore, Head of Tokenization at the Polymesh Association. “We’re excited for the many large tokenized assets that will be unlocked and issued onchain by asset owners seeking to leverage the benefits of Polymesh for smoother, transparent transactions and expanded opportunities for liquidity and financial accessibility.” 

About DigiShares

DigiShares provides white-label solutions for the issuance, corporate management and trading of digital assets. With offices in Denmark, the US and Germany, DigiShares is a global provider of tokenization software for investment management, corporate management, and trading of tokenized securities. DigiShares has around 150 clients globally using its software.

Website: www.digishares.io | www.realestate.exchange

LinkedIn | Twitter

About Polymesh

Polymesh is an institutional-grade permissioned blockchain built specifically for regulated assets. It streamlines antiquated processes and opens the door to new financial instruments by solving challenges around governance, identity, compliance, confidentiality, and settlement.
Visit polymesh.network to learn more.

Interups partners with DigiShares to Revolutionize Diverse Asset Tokenization

December 12th, 2023

Interups, a visionary wealth management startup, is at the forefront of transforming investment opportunities through the tokenization of non-traditional assets. Their innovative approach integrates traditional investment avenues with the burgeoning digital asset market. Focused on a multi-sectoral and non-conventional assets’ tokenization strategy, Interups plans to revolutionize investment in gold, rice, virtual food carts, whiskey, fractional plane seats, iron ore, residential square feet, renewable energy (solar) and carbon credits as systematic wealth and income multipliers.

Utilizing DigiShares’ platform, Interups will tokenize these intriguing and unique non-conventional assets to increase hope for the public in building wealth and income.  

Laxmi Prasad, Chairman & CEO of Interups, commented: “Our partnership with DigiShares is a cornerstone in our strategy to democratize investments in traditionally illiquid assets. By tokenizing everything from rice and whiskey to gold, airplanes, real estate and even carbon credits, we are not only diversifying investment portfolios but also paving the way for more inclusive investment opportunities. DigiShares’ technology and expertise are vital in achieving our vision of creating equal opportunity access for retail/common investors to these exciting and previously hard-to-access markets.”

Claus Skaaning, Co-Founder and CEO of DigiShares, stated about the partnership: “We are looking forward to working with Interups on this visionary project, leveraging our white label tokenization platform to meet their specific needs. We view Interups as a potential future global leader in this space.

About Interups

Interups stands as a beacon of innovation in asset investment, pioneering in the realm of tokenization and digitization. Their commitment goes beyond offering just the investment opportunities; they aim to transform how assets like agricultural products, precious metals, spirits, aviation, real estate, solar farms and carbon credits are owned and traded to yield income and wealth. Collaborating with industry leaders and governments, and harnessing the power of blockchain, Interups is not just changing the investment landscape but is also committed to sustainable and responsible practices in all the sectors we touch. Their Inclusive strategy ensures that their projects have a positive impact on the communities and environments they interact with.

Linkedin | Website

About DigiShares

DigiShares is the leading provider of white-label tokenization solutions for real world assets, combining token and investor management, corporate actions, and trading in an end-to-end turn-key solution. Their solutions enable asset owners and fund managers to digitize and automate processes, to reduce administrative cost, to reduce the ticket size in order to fractionalize and democratize and enable retail investors to participate, and finally to provide increased liquidity through the built-in marketplace that enables shareholders to trade their assets. DigiShares will also soon launch the world’s first blockchain-based exchange for real estate, RealEstate.Exchange.

Website: www.digishares.io | www.realestate.exchange

LinkedIn | Twitter

Polygon and DigiShares to Collaborate on Creating Decentralized ID Framework for the Tokenization Ecosystem

December 4th, 2023

Leading companies in the DeFi and tokenization ecosystem, Polygon and DigiShares, join forces to create a new DID framework for tokenization, securities-based DeFi dApps and institutional DeFi, tentatively named DITO (Decentralized ID for Tokenization).

For several years, various parties have attempted to introduce a standard for decentralized ID (DID). All attempts so far have failed, sometimes due to vendor lock-in, profit-taking, other times due to the technology not being good enough or insufficient marketing. Maybe the stigma of ID vs KYC vs anonymity has also hindered the development of a standard.

This is a great pity as it prevents the blockchain ecosystem from delivering on one of the major value propositions, namely interoperability. How will dApps be able to interoperate if there is no widely adopted standard for DID? How will the crypto ecosystem survive and flourish with new KYC requirements from regulators across the world (e.g., MiCA)?

The answer: with a single, trusted, high quality DID framework: DITO.

DigiShares and Polygon are collaborating to create a global framework for open, transparent, secure, flexible DID with the standardization of verifiable credentials. The credential framework proposed by DigiShares is the key factor to the introduction of interoperability between KYC providers, exchanges and platform providers. KYC providers Sumsub and Fractal ID will be among the first to be integrated into the new standard.

The framework will be based on Polygon’s ID technology of issuing verifiable credentials and designed with fields crucial for KYC. These credentials will be used for white-listing and verification of wallets which will enable compliant on-chain issuance and trading of tokenized assets in real time. Polygon ID works across all EVM-compatible chains and is not restricted to the Polygon PoS chain. Polygon ID was created as an identity infrastructure for Web3 following the principles of self-sovereign identity and privacy by default.

To ensure sufficient support from industry participants, a new DID framework must not be dominated by any single actor – or group of actors. It must not be tied to any specific ERC protocol such as other proposed DID standards. It must be open for any KYC or accreditation provider to use and to assign verifiable credentials. And it must be available for free for any dApp to use. Under no circumstances may it be tied to any specific vendor’s ecosystem. And under no circumstances may it be a source of revenue or profit for any actor in the ecosystem.

Polygon ID is the current best bet for a DID standard that can power the tokenization ecosystem and make it interoperable. Polygon ID is already supported by many industry participants and it can be extended to support tokenization requirements for wallet white-listing and ID verification.

DigiShares and Polygon are collaborating to create this extension of Polygon IDs verifiable credentials with the goal to create a general purpose and widely adopted DID standardization. Two leading KYC providers, Sumsub and Fractal ID, have joined forces to support the new framework.

Sebastián Rodríguez, VP of Product at Polygon, mentioned: “This effort from DigiShares aligns quite well with our objective at Polygon ID of creating an ecosystem of re-usable identity. The DITO initiative is a great way to bring together industry actors interested in combining tokenized assets with a compliant identity layer to agree on a common framework. Reusable frameworks favor interoperability and pave the way for eventually forming industry standards”.

Claus Skaaning, CEO of DigiShares, stated, “This is one of the last building blocks needed to make the tokenization ecosystem interoperable and cohesive. We believe that Polygon is exactly the right partner to make this happen”.

DigiShares is a market-leading provider of tokenization infrastructure and soon the operator of one of the world’s first blockchain-based exchanges for real estate (RealEstate.Exchange). Sumsub and Fractal ID are market-leading providers of KYC infrastructure for crypto & blockchain. Polygon is of course the market leading L2 chain in the Ethereum ecosystem but also an excellent business development organization.

We invite issuers, platform providers, exchanges, KYC providers, and dApp developers to come work with us to ensure that this becomes an open framework accessible to all.

Technically, the Polygon ID SDK for issuing verifiable credentials will be utilized for KYC providers to easily plug into the framework such that their KYC verification can be turned into a verifiable credential that is inserted into the user’s DID. DIDs can be created by trusted KYC providers and can expire after a period of time.

Collaboration with trusted KYC providers enables data integrity for the framework to be reusable on multiple platforms simultaneously. With this vision a user needs to verify their identity just once and afterwards is able to join any platform which supports the verifiable credential framework. 

The base of the verifiable credential framework will be expandable to suit the needs of parameters for different jurisdictions. These can include elements of the KYC verification such as liveness test, time of creation, KYC provider that created it, etc. In a way this can be compared to the popular ERC20 standard and its extensions, where the base layer stays the same to achieve standardization and companies build on top of it to extend its functionality to their needs.

The parties will create a central page where users can create their own DID – powered by various KYC providers – at a small cost in gas fees. Issuers and platform providers will be able to create DIDs for their users, based on credentials from trusted KYC providers.

Initially, all 150+ white label tokenization clients of DigiShares will get the option to create DIDs. Moreover, RealEstate.Exchange, the forthcoming blockchain-based exchange for the trading of real estate; will adopt the DID framework, in order to facilitate the transactions between 1,000s of listings and 100,000s of users.

Future plans include incorporating accreditation checks into the standard. To start with, Polygon, Ethereum and their test-net counterparts (mumbai, sepolia) will be supported. 

A number of wallets will be supported from the start, including Metamask, Altme, Verida, Wallid, Clv, etc.

To learn more or join us, reach out to [email protected] or [email protected]

https://www.digishares.io/
https://polygon.technology/
https://web.fractal.id/
https://sumsub.com/