Sologenic, a market ecosystem constructed on prime of the XRP Ledger, right now has introduced SoloNex, the answer is designed to profit banks, brokerage homes, funding corporations, and exchanges globally to offer new providers or enhance the prevailing providers utilizing blockchain expertise.
SoloNex is a turnkey resolution offering monetary establishments the flexibility to tokenize completely different asset courses akin to inventory, ETFs, shares, and actual property. Different capabilities of SoloNex embody fractional buying and selling to empower customers’ affordability and the launch of funding rounds utilizing clear blockchain expertise. Establishments can management the belongings’ full custodial or cut back threat and liabilities by permitting customers to withdraw tokenized belongings to their personal wallets. This resolution will allow customers to commerce belongings 24/7, even when the standard monetary markets are closed.
Constructed on the quick and scalable XRP blockchain, SoloNex is a safe and scalable asset tokenization resolution designed for monetary markets. The corporate behind the core improvement of the XRP Ledger is Ripple Labs Inc.
“SoloNex is the proper turn-key resolution for organizing a tokenization brokerage enterprise. Our ATIP (Asset Tokenization Institutional Platform) has an ideal match for each: startup or early-stage brokerages and established brokers and banks who wish to diversify their product portfolio leveraging the DeFi blockchain applied sciences. SoloNex is a full-cycle resolution that includes all essential parts for working a brokerage and tokenization enterprise. The benefit of use and system compatibility is supplied by means of the superior expertise parts, together with cellular and net terminals. It gives merchants with essentially the most highly effective platform for buying and selling classical funding belongings on the blockchain.”
– Dmitri Litvonovich, Sologenic Chief Product Officer