The Central Bank of Bahrain has recently licenses digital assets exchange ATME launched at FinTech Forward 2024. ATME aims to democratize access to a wide range of previously illiquid assets through ownership fractionalization using tokenized assets.
Built on the permissioned blockchain, Hyperledger Fabric network, ATME facilitates the conversion of traditionally less liquid real-world assets into digitally tradable, more liquid tokens. By incorporating the innovation of tokenization into established financial instruments, ATME enables businesses to gain access to new, more cost-effective and time-efficient ways of raising capital. Meanwhile, it opens doors to new, high-value investments and portfolio diversification for investors.
Alex Lola, CEO ATME stated, ” Tokenization is altering the rules of the game. It eliminates the need for a multitude of well paid intermediaries, facilitates greater accessibility, and inclusivity in the debt markets. It allows entities of all sizes to optimize their balance sheets and access new opportunities.”
According to the Boston Consulting Group (BCG), the total size of tokenized illiquid assets, including real estate and natural resources could reach $16.1 trillion by 2030.
ATME provides a comprehensive range of services that optimize the capital raising process and enhance investment potential. These services encompass initial token configuration, smart contract development, token minting and distribution to secondary market trading. Expert advisory is also provided on structuring, guidance on choosing the right token types, and investor onboarding.
Alex Lola recently met with H.E. Abdulla bin Adel Fakhro, Minister of Industry & Commerce. The productive discussion focused on the immense potential of blockchain and secure tokenization to unlock diverse investment opportunities.
