TokenSoft, Inc., a leading security token issuance and management platform, today announced that it officially supports issuance of security tokens on the Tezos blockchain. TokenSoft clients will soon be able to issue compliant tokenized securities on Tezos and then have them administered securely using TokenSoft’s enterprise grade cold storage custody solution for tokenized securities, TokenSoft's Knox Wallet.
"We first started working with the Tezos blockchain over a year ago, we’re excited to take our services to the next level," said Mason Borda, CEO of TokenSoft. "With the introduction of the Tezos multi-signature and FA1.2 smart contracts, we now have the key ingredients to provide our institutional grade services on the Tezos blockchain."
TokenSoft looks forward to enabling institutional adoption on the Tezos blockchain by providing the following services to the market:
The Tezos blockchain provides a high level of security and resilience to the security token market:
Tezos is a blockchain that evolves by upgrading itself. Stakeholders vote on amendments to the protocol to reach social consensus on proposals, creating a secure and organic upgrading system. The protocol’s on chain governance system, Proof-of-Stake (PoS), and ability to facilitate formal verification, make Tezos an ideal long-term solution for digital transactions, including smart contracts and security token offerings. Tezos is fully decentralized and it is the role of the Tezos Foundation to support the development and long-term success of the protocol and ecosystem. For more information, please visit: https://tezos.foundation/