ME News: On December 10 (UTC+8), data analytics company Inveniam announced the acquisition of 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’s record of tokenizing over $200 billion in private assets, their integration is expected to bring transparency and liquidity innovation to the traditionally opaque private markets. (Source: ME)
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Data analytics firm Inveniam announces acquisition of on-chain asset tokenization platform Swarm Markets
ME News: On December 10 (UTC+8), data analytics company Inveniam announced the acquisition of 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’s record of tokenizing over $200 billion in private assets, their integration is expected to bring transparency and liquidity innovation to the traditionally opaque private markets. (Source: ME)