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Fireblocks And Tokeny Provide Tokenization Solutions On The Polygon Network

Twitter icon  •  Published 3 years ago on August 31, 2022  •  Hassan Maishera

Fireblocks and Tokeny have announced their partnership to provide a turnkey and enterprise-grade solution for tokenization using the ERC-3643 market standard on Polygon.

Fireblocks And Tokeny Provide Tokenization Solutions On The Polygon Network

The Polygon team announced via a blog post on Tuesday that Fireblocks and Tokeny have announced their partnership to provide a turnkey and enterprise-grade solution for tokenization using the ERC-3643 market standard on Polygon.

Fireblocks is a provider of digital asset and crypto custody technology, while Tokeny is a leading tokenization solution provider.

Polygon added that Fireblocks integrated Tokeny’s ERC-3643-based tokenization solutions into its platform to allow its 1,300 institutional customers to compliantly and easily issue, manage and transfer their permissioned tokens on Polygon in a matter of weeks.

Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. MATIC is up by 1% in the last 24 hours and is currently trading at $0.8357.

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.