StoneX Joins Atomyze Platform

Atomyze AG, a Swiss-based company and SRO member VQF that launched commercially in December 2020, announced that Stonex is joining its ecosystem. The new partnerships will further Atomyze AG’s goal of providing improved access, liquidity, efficiency, and transparency to the sourcing and trading of base and precious metals. As a platform participant, StoneX, will be able to issue, sell, transfer, and redeem industrial tokens; currently, copper, nickel, and palladium. Other metals and commodities are under assessment for tokenization with different issuers, while further global mining and trading companies, as well as manufacturers of industrial material are in the process of being onboarded. In 2022 and beyond, Atomyze plans to expand features of the platform. Specific trading functionalities, following relevant regulatory licensing, will bring increased flexibility, optionality, and liquidity to the marketplace.

© 2024 Financial Information Forum

Press enter to search
Press enter to search

Interested in joining us?

Download membership kit

Key Reasons to Join

  1. Stay informed on Current Regulatory and Market Initiatives
  2. Drive Industry Issues to Successful Resolution
  3. Impact the implementation timing and methodology of new rules
  4. Apply FIF Insight Within Your Firm