International Token Exchange (“ITE”) is an alternative investment platform providing exposure to real assets in the form of digital tokens. In doing so, asset owners are able to unlock trapped capital and investors are able to participate in markets previously out-of-reach from the average person.
ITE will be using the DigiShares’ white label technology to tokenize a range of real assets such as rare whiskey, fine art, luxury watches and asset-backed loans.
Tokens issued via the ITE platform will simply be digital representations of shares in an SPV that owns the underlying assets, thereby guaranteeing all of the same rights will transfer to the owner in exactly the same way as traditional holdings but with increased liquidity, transparency and security. An issuer can bring a token to market in a matter of a few minutes, and an investor can buy or sell their holdings at the push of a button.
Claus Skaaning, Co-Founder and CEO of DigiShares, stated about the partnership: “We are excited to be working with ITE, pushing the barriers and working together for the quality, transparency, security and compliance of the digital assets and security token industry.”
Anthony Bodenstein, Founder of ITE, said: “We view DigiShares as one of the leading players in the fast-growing tokenization industry and look forward to collaborating. We see great value in the tokenization of real assets as a vehicle for enabling liquidity and creating equal opportunity access for retail investors.”
More on the project, Anthony said “In the years following the 2008 financial crisis, low interest rates encouraged investors to preserve value by holding real assets. And now, in the inflationary environment that has characterized 2022, we’re seeing further appreciation of those assets due their increased scarcity. Many people want to participate in these trends but face significant barriers to accessing the assets, and then securely storing them can be complex and costly….
