AMINA Bank, a Swiss-based FINMA-regulated crypto bank, has partnered with Tokeny, a blockchain platform owned by Apex Group, to build a regulated infrastructure for institutional tokenization, the companies announced on Thursday.
The deal aims to provide financial institutions with a “regulated banking bridge” to issue and manage tokenized assets such as government bonds, corporate bonds and Treasury bills.
Under the agreement, AMINA (formerly SEBA Bank) will be responsible for the banking, custody and regulatory oversight of traditional assets, while Tokeny will provide the technology to turn these assets into tokens. This setup allows clients to seamlessly transfer funds between traditional accounts and blockchain-based systems.
Built on the ERC-3643 standard, Tokeny's platform has an added layer of compliance that ensures only accredited investors can hold or trade tokenized assets.
AMINA and Tokeny say their collaboration will reduce time-to-market for tokenized products from months to weeks, laying the foundation for a more connected and regulated on-chain financial system.
Read more: Cryptocurrency-focused Swiss AMINA bank offers regulated staking of Polygon tokens
