Apex, Tokeny And droppRWA Build Saudi Tokenisation Stack
By Rick Steves
AI summary of the source article
Apex Group, Tokeny, and droppRWA have partnered to build the Unified Trust Stack, an infrastructure project aimed at tokenising real-world assets, starting in Saudi Arabia. Under the initiative, droppRWA provides asset verification and blockchain infrastructure to establish legal ownership, Apex Group supplies regulated fund structuring and administration, and Tokeny delivers digital identity and compliance automation. The collaboration aims to cover the entire investment lifecycle from the authoritative legal registry to investor distribution and ongoing servicing. Additionally, the partners plan to explore atomic delivery-versus-payment settlement and tokenised cash integration as Saudi Arabia emerges as an increasingly competitive market for asset tokenisation.
Why it matters
The initiative addresses critical institutional hurdles in asset tokenisation by linking on-chain tokens directly to authoritative legal ownership records and regulated back-office administration.
Key facts
- droppRWA, Apex Group, and Tokeny are launching the Unified Trust Stack to tokenise real-world assets, launching first in Saudi Arabia.
- Apex Group services over $3.5 trillion in assets and will provide the regulated middle- and back-office administration layer.
- The companies plan to explore atomic delivery-versus-payment settlement and integration with tokenised cash.