Liquidise launches asset tokenisation solution on the Redbelly Network
Liquidise have announced that they have launched its asset tokenisation solution on Redbelly Network‘s Mainnet. In conjunction with its registry platform, Liquidise has already begun working with issuers to initiate the process of tokenisation of unlisted equities. Unlisted equities are shares in privately owned companies that are not traded on public stock exchanges.
Tokenisation refers to the issuance of “tokens” or representations of assets on a blockchain. By doing so, Liquidise enables businesses to provide their investors with the means of transacting and unlocking liquidity for their holdings. Tokenisation can also provide greater transparency and auditability over transactions, and reduction in settlement risks and costs.
“By tokenising private company equity on Redbelly, we’re streamlining processes, reducing costs and enhancing compliance and transparency—unlocking real efficiency for these businesses,” said Matt Mills, CEO of Liquidise.
“Liquidise unlocks private equity for business owners, investors and employees. Our unique structure gives business owners and investors access to cash and unlisted equity. Business owners retain control over their capital table and can meaningfully reward employees. Investors get access to pre-vetted unlisted opportunities vetted by Liquidise. While our structure is novel, the underpinning technology is tried, tested and proven. We are regulated by ASIC and AUSTRAC and hold our own AFSL,” added Mills.
