Milan, 5 April 2023
BlockInvest and Phinance Partners are excited to announce a cooperation in the innovative securities tokenisation space
BlockInvest is a company specialized in the design, development, and delivery of blockchain-based solutions for various industries, with a focus on security tokens.
Phinance Partners is an Italian financial advisory firm, active in structured credit, real estate and generally private debt investment solutions.
As the world continues to embrace blockchain technology and the potential of security tokens, Phinance has recognized the importance of staying ahead of the curve, learning about new, cutting-edge applications and explore the benefits of new technologies.
Therefore, Phinance has recently enrolled its entire team in a comprehensive programme, “TokenLAB”, designed by BlockInvest to introduce financial institutions and professionals to the exciting opportunities offered by the security tokens and blockchain technology.
BlockInvest has built a solid reputation as a first mover in the industry, and TokenLAB has been developed to support financial intermediaries and financial advisory companies like Phinance to get familiar with the blockchain and its applications, through workshops on practical use-cases with the goal of exploiting BlockInvest proprietary platform for asset tokenization within structured finance operations.
Phinance is working on a pilot project aimed at tokenizing existing securitizations through the blockchain-based BlockInvest platform, allowing its investors to get access to newly minted tokens that would incorporate all the available information on the securitized assets as well as the full set of documentation on the existing securitization transaction.
Luca Morello, the partner in charge of structured credit at Phinance has commented “Blockchain-based solutions are the new standard for structured finance, and we see growing interest in its application in every corner of traditional finance. As such we are excited to expand and deploy the new framework offered by BlockInvest in most of our future operations”.
Lorenzo Rigatti, CEO of BlockInvest, has commented” the tokenization of financial system has finally started. Work alongside an enlightened player like Phinance, is not only stimulating, but will help us to continuously grow and improve our solutions, according to market needs and expectations.”
Both companies are thrilled by the results provided by such collaboration so far and look forward to enjoying the exciting developments that will follow!