CMS Luxembourg has advised Euronext, the leading pan-European exchange in the Eurozone, on its subscription of the entire EUR 5 million capital increase of Tokeny Solutions, resulting in a 23.5% stake and strong governance representation.
Launched in 2017, Tokeny Solutions provides all private markets securities issuers, from mid-cap companies and asset management companies to advisors like investment banks, with modular and user-friendly end-to-end solutions to issue, manage and transfer tokenized securities on public blockchain. Tokeny Solutions’ unique T-REX protocol integrates compliance obligations into the digital asset smart contract, to create tokens compliant by design.
This investment complements Euronext’s position in the nascent digital asset industry, combining Tokeny Solutions’ token management expertise with LiquidShare’s post-trade solutions. It will allow Euronext to onboard a renowned team in the digital asset industry, and broaden its client base towards private companies and investment firms.
The CMS team was led by Julien Leclère, and supported by Sylvain Elias, Andreia Carvalho Moreira, Melody Brunot, Alexandre Bouillet, Victoria Gros (Corporate); Alyssia Méchalikh (Employment); Hugo Arellano (Dispute Resolution); Laure Chemla (IP); Jérôme Guillot (Public law) and Vivian Walry (Regulatory).