Fast Facts
- NPEX, Dusk, and Cordial Systems have partnered to develop a blockchain-powered stock exchange, enhancing digital asset custody and institutional finance across Europe.
- The integration of Dusk’s blockchain will allow NPEX to issue, trade, and tokenize regulated financial instruments, increasing efficiency and liquidity in both primary and secondary markets.
- Cordial Systems’ self-hosted wallet technology, Cordial Treasury, ensures regulatory compliance and operational security, providing financial institutions full control over their technology stack.
- Dusk’s launch of Dusk Vault introduces a decentralized custody solution for various digital assets, significantly facilitating the onboarding process for clients in traditional finance and blockchain sectors.
[PRESS RELEASE – Amsterdam, The Netherlands, February 27th, 2025]
Dusk, Cordial Systems, and NPEX are changing the landscape of finance. They have launched the first zero-trust custody solution for real-world assets (RWA). This innovation will transform how institutions handle digital assets in Europe.
NPEX, a licensed stock exchange, now integrates with Dusk’s blockchain technology. This partnership enables the simple issuance and trading of tokenized financial instruments. As a result, both primary and secondary markets gain new efficiencies. Mark van der Plas, CEO of NPEX, expressed enthusiasm for this collaboration. He stated, “Working with Cordial Systems is great for all of us.”
Cordial Systems plays a crucial role by providing its digital custody solution, Cordial Treasury. This wallet technology allows financial institutions to maintain complete control over their digital assets, enhancing regulatory compliance. Nicolas Stalder, CEO of Cordial, highlighted this advantage. He noted that regulated institutions need this level of control.
Dusk adds to the equation with the launch of Dusk Vault. This service collaborates with multiple licensed financial institutions, including banks and exchanges. The Vault promises unmatched security and decentralization. This development ensures that institutions can onboard new assets seamlessly.
The partnership will also benefit existing clients of Cordial Systems. They can now hold and transfer assets on the Dusk network. Companies like Figure Markets, which has successfully originated $20 billion in private credit on-chain, stand to gain from this ecosystem.
Dusk’s CEO, Emanuele Francioni, emphasized the importance of high-caliber partnerships. He remarked, “A blockchain-powered financial system requires partners of the highest caliber.” This sentiment reflects the growing need for innovation in an evolving financial landscape.
On-chain financing continues to gain traction. As digital asset markets grow, the collaboration between NPEX, Dusk, and Cordial Systems positions them as leaders in regulated finance. This unique approach not only boosts security but also simplifies transactions across cryptocurrencies and tokenized securities.
The future of finance looks bright as these developments pave the way for broader adoption of digital assets. With their combined efforts, Dusk, Cordial, and NPEX are set to redefine how institutions engage with emerging technologies.
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