Data analytics firm Inveniam announces acquisition of on-chain asset tokenization platform Swarm Markets
ChainCatcher News, according to DL News, data analytics company Inveniam has announced the acquisition of the 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 having already tokenized over $200 billions in private assets, the combination of the two will bring transparency and liquidity innovation to the traditionally opaque private markets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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