Security token blockchain Polymath welcomes Tokenise and Saxon Advisors as node operators»CryptoNinjas
Security token platform Polymath today welcomes two new node operators dedicated to protecting their institutional-grade security token blockchain. Tokenise is an end-to-end tokenization provider that manages the exchange of secure tokens, and Saxon Advisors is a London-based corporate digital asset consulting company.
The two companies have joined forces in Polymesh Blockchain by Polymath. The nodes of Saxon Advisors and Tokenise are both operated and managed by the mortgage department of Saxon Advisors, which provides professional mortgage services on the promising PoS network.
New node operator
Polymesh is an institution-level permissioned blockchain created by Polymath specifically for regulated assets. Transactions involving securities need to be determined by known trusted entities.
special Securities, Polymesh relies on verified capital market participants who meet specific conditions to verify transactions as node operators.
Tokenise provides investors and issuers with a self-service digital interface, which can provide 24/7 direct market access to the Tokenise stock exchange; used to raise funds, primary issuance, secondary trading, clearing, settlement and registration Tokenized securities.
“We hope that Polymesh is ubiquitous in the security token field, so it is easy for us to participate by running a node. Security tokens have been tried on other blockchains with different levels of success, and Factors such as gas fees and the principle of anonymity mean that this is always a problem. With Polymesh, we can overcome these challenges.”
– Mike Kessler, CEO and Founder of Tokenise
Saxon Advisors was established in 2018 to institutionalize the fundraising process of digital asset companies. Since then, it has served as the chief advisor for transactions worth more than $100 million; suitable for projects ranging from layer 1 blockchains and dApps to crypto wallets and custodial providers.
“We are very happy to play our role in the launch of Polymesh and the development of the entire security token market. As a strong supporter of Polymesh, and the way it aims to enable institutions to join security tokens; we are committed to bringing more financial Service companies connect to the chain and help realize the full potential of the network.”
–Ultan Miller, Managing Partner of Saxon Consultants
Polymesh opens the door to new financial tools by solving the regulatory challenges surrounding the public infrastructure of identity, compliance, confidentiality, and governance. Through the key design principles built into the chain. Currently, Polymesh is in the testnet stage before the launch of its mainnet. Users can access the chain by participating in the Alcyone testnet.
“Digital securities on the blockchain can bring a huge leap in the efficiency and liquidity of the capital market. Polymesh is designed to promote the adoption of blockchain in institutions and can be used as a tool to better manage the flow of regulated assets And accessibility. The many market participants who have expressed support for Polymesh are encouraged by us. And very happy that companies like Tokenise and Saxon are participating.”
– William Vaz-Jones, Director of Partnership Development, Polymath