Wednesday, 23 October 2019

Refract Solutions offers institutional-grade services across digital asset lifecycle

KUALA LUMPUR, Oct 22 -- Serial entrepreneurs originally behind crowdfunding platform, Katalyse, and licensed exchange, CEZEX have formed Refract Solutions (Refract) to offer institutional-grade services across all phases of the digital asset lifecycle.

Refract was formed to meet the growing demand from institutions for blockchain-based asset issuance, treasury management and trading, according to a statement.

Digital assets bring the promise of interoperable, transparent and automated markets but no platform to date has been able to seamlessly connect all aspects of the market from primary issuance to secondary trading.

By linking asset tokenisation to underlying custody, cash settlement and market liquidity, Refract is delivering the best-in-class offering available to the blockchain industry and beyond.

Refract comprises three seamlessly linked platforms, namely, Lens Tokenization, Prism Financial and Lucent Exchange. It is honing its focus on digital securities offerings, including equity, bonds and derivatives.

More information at https://www.refract.solutions.

-- BERNAMA

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