Yesterday Luxembourg tokenization company Tokeny announced that fund administration firm Apex Group became its lead strategic investor. Tokeny did not share the terms.
Apex was announced as a participant in Tokeny’s €5 million ($5.5m) funding round in early 2022, alongside Inveniam and K20 Fund. However, as Apex is a major investor in Inveniam, Apex did not appear directly on Tokeny’s cap table until now. Tokeny confirmed the investment was a mix of primary and secondary transactions.
Euronext was an early investor in 2019, paying €5 million ($5.5m) for a 23.5% stake at the time.
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